Favorite team:LSU 
Location:Pasadena, CA
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Number of Posts:563
Registered on:12/24/2003
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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?
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.
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Also, yank financial aid. The schools can fund worthless degrees


What LSU’s degree is better than Harvard’s?
Trump is responsible for this, not Elon.
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:
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.
The tariffs are paid by the importers, which are all US companies.
Was in Capitol Hill on J6. Also participated Stop the Steal one month earlier.
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: Chinese Word of the Day: Baizhou

Posted by pecxs on 3/10/25 at 3:35 pm
The exact translation is "White Left"
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?
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.
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%