Favorite team: | LSU ![]() |
Location: | Pasadena, CA |
Biography: | |
Interests: | |
Occupation: | |
Number of Posts: | 563 |
Registered on: | 12/24/2003 |
Online Status: | Not Online |
Recent Posts
Message
re: Parameters of the China deal
Posted by pecxs on 5/13/25 at 1:17 am
quote:
At a 30% tariff rate that would mean $158B in additional tax revenue for us over the next 12 months.
Who paid the tax revenue?
re: India to purchase Boeing air planes that China rejected bc of Trump Tarrifs
Posted by pecxs on 4/29/25 at 5:55 pm
MIGA with JD Vance.
re: China Getting Crushed - Straight From the Horse’s Mouth
Posted by pecxs on 4/22/25 at 3:52 am
quote:
The USA can put china back into the third world where they belong in short order.
You're absolutely wrong, although I do think China is a third world country.
re: Harvard Doubles down . Multi-millionaire, 4 house owning Communist is thrilled....
Posted by pecxs on 4/15/25 at 5:32 am
quote:
Also, yank financial aid. The schools can fund worthless degrees
What LSU’s degree is better than Harvard’s?
re: U.S. Tariffs Hit Hard, China Economy COLLAPSING
Posted by pecxs on 4/14/25 at 9:11 am
re: DOGE now claiming that a total of 150B savings through FY26
Posted by pecxs on 4/12/25 at 6:51 pm
Trump is responsible for this, not Elon.
re: Full list of the items that are now exempt from Tariffs
Posted by pecxs on 4/12/25 at 3:56 pm
The Art of the Deal :confused:
Trump says the exemption is retroactive to April 5. Duties since April 5 on excluded chips will be reimbursed. :violin:
Trump says the exemption is retroactive to April 5. Duties since April 5 on excluded chips will be reimbursed. :violin:
re: What does China think Trump will do, fold?
Posted by pecxs on 4/8/25 at 12:45 pm
So far, China hasn't lost anything. The tariffs are all paid by the importers. In the long run, US companies will form supplier chains without China.
re: China Threatens to Retaliate Against Trump’s Latest Tariff Warning
Posted by pecxs on 4/8/25 at 12:32 pm
The tariffs are paid by the importers, which are all US companies.
re: DJIA up +1400 right now (and climbing)
Posted by pecxs on 4/8/25 at 12:07 pm
Run out of steam?
re: Have you ever attended a political protest?
Posted by pecxs on 4/5/25 at 9:13 pm
Was in Capitol Hill on J6. Also participated Stop the Steal one month earlier.
re: Victor Davis Hanson explains Trump’s tariffs like no one else can.
Posted by pecxs on 4/5/25 at 3:41 pm
When we all agree we shouldn’t take the face values of left media post, how can a smart guy like Dr. Davis takes the face values Trump team printed?
re: Russia says any peacekeeping troops must be from Non NATO Countries
Posted by pecxs on 3/16/25 at 2:51 pm
UN Peacekeepers.
re: Whats a good PE Ratio stock you like right now?
Posted by pecxs on 3/10/25 at 7:56 pm
In this market, 15-10.
re: Chinese Word of the Day: Baizhou
Posted by pecxs on 3/10/25 at 3:35 pm
The exact translation is "White Left"
re: House passes Budget Resolution providing Massive relief for ordinary Citizens
Posted by pecxs on 2/26/25 at 5:56 pm
Should I pay all sales and managing staff overtime instead of a bonus?
re: Trump golden green card is stupid
Posted by pecxs on 2/26/25 at 2:05 pm
Why not marry someone by paying only 500 grand to get a green card? Same result but a much better deal. No need to pay tax for money made in other countries?
re: Oh no China bros...Putin is ready to make a deal with the U.S. for cheap aluminum.
Posted by pecxs on 2/24/25 at 4:31 pm
Russia is the second-largest aluminum producer, producing about 5% of the world's aluminum (3.5 million tonnes annually).
By comparison, China represents over 50% of the worldwide aluminum production with about 32 million tons a year.
The output of the USA is about 1.5% of worldwide production.
By comparison, China represents over 50% of the worldwide aluminum production with about 32 million tons a year.
The output of the USA is about 1.5% of worldwide production.
re: Trump's National Economic Council Director on replacing the income tax with tariff revenue
Posted by pecxs on 2/21/25 at 10:35 am
Is it enough?
Currently, the US government collects an average of 3.3% of duties and tariffs (a total of less than 200 Billion USD) on goods imported to the US. Importers pay an average of 20% for goods originating from China, which will be around 30%; and 15% from Canada and Mexico.
By comparison, the average rate of tariff and duties in some main trading partners:
Canada: 3.8%
Mexico: 6.8%
China: 7.5%
Vietnam: 9.4%
Germany: 5%
Taiwan: 6.5%
South Korea: 13.4%
India: 17%
UK: 3.8%
Australia: 2.4%
Hong Kong: 0%
UAE: 4.7%
Currently, the US government collects an average of 3.3% of duties and tariffs (a total of less than 200 Billion USD) on goods imported to the US. Importers pay an average of 20% for goods originating from China, which will be around 30%; and 15% from Canada and Mexico.
By comparison, the average rate of tariff and duties in some main trading partners:
Canada: 3.8%
Mexico: 6.8%
China: 7.5%
Vietnam: 9.4%
Germany: 5%
Taiwan: 6.5%
South Korea: 13.4%
India: 17%
UK: 3.8%
Australia: 2.4%
Hong Kong: 0%
UAE: 4.7%
re: Bernie Sanders: This Putin-Trump alliance means abandoning our allies
Posted by pecxs on 2/19/25 at 5:15 pm
Did Bernie live in former USSR for years?
Popular