US Will Punish Countries That Dump U.S Dollars, With Tarriffs - Trump (Photos) - Foreign Affairs (4) - Nairaland
Nairaland Forum › Nairaland General › Politics › Foreign Affairs › US Will Punish Countries That Dump U.S Dollars, With Tarriffs - Trump (Photos) (28507 Views)
| Re: US Will Punish Countries That Dump U.S Dollars, With Tarriffs - Trump (Photos) by Jovi10: 8:43am On Nov 03, 2024 |
LibertyRep:And other countries interest should not be respected abi or other countries don't have a say? Remind me what colonialism is again? |
| Re: US Will Punish Countries That Dump U.S Dollars, With Tarriffs - Trump (Photos) by Jovi10: 8:46am On Nov 03, 2024 |
fortunez1:Lol so to you the USA practices democracy? This statement that he will increase tariffs on countries and sanction countries who want to abandon the dollar is democracy shey? |
| Re: US Will Punish Countries That Dump U.S Dollars, With Tarriffs - Trump (Photos) by cococandy(f): 8:46am On Nov 03, 2024*. Modified: 12:49pm On Nov 03, 2024 |
udemzyudex:If Trump imposed tariffs on Chinese products, by definition, tariffs are paid by the buyer not the seller. American companies buying the goods have to pay those tariffs in order to be able to bring in their goods to the country. They will have no choice but to hike up their prices to cover the cost of importation. He was saying he’d put 200% tariffs on Chinese imports. Meaning an item that cost $1000, will now increase exponentially from $1000 to whatever the 200% tariff paid to bring it in adds to the cost. He’s actually not a smart man at all. A Business man that filed bankruptcy 6 times. Overinflated his net-worth to get more loans from banks. Loans that he didn’t use to do anything successful. I’m just surprised people are easily bamboozled by his empty ignorant loud talking. |
| Re: US Will Punish Countries That Dump U.S Dollars, With Tarriffs - Trump (Photos) by Jovi10: 8:51am On Nov 03, 2024 |
udemzyudex:How many continents are in the world? The USA is a very small fry amidst the other continents. |
| Re: US Will Punish Countries That Dump U.S Dollars, With Tarriffs - Trump (Photos) by DaddyCoool(f): 8:52am On Nov 03, 2024 |
[url][/url]⁷ ehikwe22:This is ridiculous. Total fantasy in your head. Mention creative things on this internet we're using right now that are not from US. Nobel prize winners this year and every year, see below. This threat by Trump is TOTALLY unnecessary. The world CAN'T abandon dollar for a very long time
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| Re: US Will Punish Countries That Dump U.S Dollars, With Tarriffs - Trump (Photos) by mushroomFarm: 8:53am On Nov 03, 2024 |
Sheuns:Exactly. But this is Nairaland full of dumb people. If Nigeria has a leader who prioritizes the interest of our nation like this, we won't be in all these mess |
| Re: US Will Punish Countries That Dump U.S Dollars, With Tarriffs - Trump (Photos) by WrriterNg: 8:58am On Nov 03, 2024*. Modified: 9:26am On Nov 03, 2024 |
DaddyCoool:So if you come to my shop to buy something and I tell you I don't collect old naira notes, you'll force it on me right? I already gave a solid example of how Russia declined US dollars in selling oil and ordered all EU countries to pay in Rubles and they all did, since 2022 till now that law has been in effect. They cuss and swear at Russia but they still pay for oil in Rubles. Saudi, China, UAE, India, Malaysia, Singapore and a whole lot of others ll sold oil, gas, consumer goods in local currencies. But you're here arguing when you could just look it up. The seller determines the conditions of the sale. When the FG banned Twitter for a whole year did anyone die? Twitter had to beg the FG and agree to all the conditions set by the Buhari administration before they lifted the ban. Twitter, Apple, Instagram, Google, Facebook have all been banned so many times in several countries in the past years and nothing happened. Everything you mentioned can all be replaced by local companies. Continue sleeping my friend, let me know when you wake up. |
| Re: US Will Punish Countries That Dump U.S Dollars, With Tarriffs - Trump (Photos) by StraightGaay: 9:01am On Nov 03, 2024 |
condralbedez:But Trump is. |
| Re: US Will Punish Countries That Dump U.S Dollars, With Tarriffs - Trump (Photos) by udemzyudex(m): 9:01am On Nov 03, 2024 |
cococandy:Lol... Funny, if that's the case why did the Biden administration maintain the added tariffs from Trump administration and even added tarrifs on steal and medical supplies and even 100% tarrifs on Chinese EV. You can't be benefiting from US and don't want it to go both ways, tarrifs on imported goods helps domestic product too. |
| Re: US Will Punish Countries That Dump U.S Dollars, With Tarriffs - Trump (Photos) by LibertyRep: 9:01am On Nov 03, 2024 |
Jovi10:Every country should defend her interest. That's my point. |
| Re: US Will Punish Countries That Dump U.S Dollars, With Tarriffs - Trump (Photos) by ehikwe22: 9:03am On Nov 03, 2024 |
DaddyCoool:You're honestly out of touch with reality. If you don't already know what I said in that comment you mentioned, then it's a waste engaging with you |
| Re: US Will Punish Countries That Dump U.S Dollars, With Tarriffs - Trump (Photos) by NOETHNICITY(m): 9:12am On Nov 03, 2024 |
LibertyRep:It is wrong to protect your country’s interests at the expense of other countries If every country embarks on same part, we will never have an end to wars |
| Re: US Will Punish Countries That Dump U.S Dollars, With Tarriffs - Trump (Photos) by LibertyRep: 9:15am On Nov 03, 2024 |
NOETHNICITY:Maybe this is why there's an endless cold war amongst these nations. |
| Re: US Will Punish Countries That Dump U.S Dollars, With Tarriffs - Trump (Photos) by Peacecore: 9:21am On Nov 03, 2024 |
Sheuns:You people can defend rubbish |
| Re: US Will Punish Countries That Dump U.S Dollars, With Tarriffs - Trump (Photos) by NOETHNICITY(m): 9:30am On Nov 03, 2024 |
LibertyRep:All through history this is the very reason why there are wars. But it is wrong for us to be justifying it by saying that that is what ‘leaders do’. There should be freedom to trade with whatever you have to trade with We Africans must stop being in chains and be defending our white oppressors |
| Re: US Will Punish Countries That Dump U.S Dollars, With Tarriffs - Trump (Photos) by blacksam01: 9:36am On Nov 03, 2024 |
WrriterNg:The US produces everything in the world, every damn thing... But we all still need to do international trade because in of the laws of comparative advantage.... See, inter trade is just necessary but not compulsory |
| Re: US Will Punish Countries That Dump U.S Dollars, With Tarriffs - Trump (Photos) by blacksam01: 9:47am On Nov 03, 2024 |
ALTERNATEID:People don't depend on the US because of the dollar... The US weild much international influence because of it's vast amount of investment over the century... take for example, one of the largest capital based bank in china history which is private is called HSBC.. almost like 70% of deals and important financial settlement that concerns chine and entire Asia pass through that bank... It is a clean bank, set up in London during the UK government control of Hong Kong.. business people world over trust the bank.. and plenty EU and US investment in the core financial base of the bank that makes it thick.. Now if u are a Chinese local drone producer or a bag seller.. and wants to do international trade cu someone from Russia demanded ur goods.. u would more likely use HSBC which are well connected to almost every bank that matters in the world.. Now the US sanctions Russia and announced a stiff penalty for firms which does business for china... The local drone producer in china does not know anything about the factions or the Us but his bank will refuse a transfer from Russia to him.. meaning that the US has reached him... Again, he may not b able to sell his bag or from into the US or EU.. cuz in those markets he gets to sell same drone he sells in china for 150 dollar for 900 Dollar... Making those markets his most lucrative... The US well connected financial structure round the world is it's strength and not the dollar...the dollar is just a currency in of choice..preferred cuz it's mostly stable to weight comparable values of goods |
| Re: US Will Punish Countries That Dump U.S Dollars, With Tarriffs - Trump (Photos) by blacksam01: 9:51am On Nov 03, 2024 |
Telsa has for the first time been overtaken in revenue by an rival Chinese EV ( electric vehicle ) maker , bYD, guess what bYD is 70% owned by an American billionaire warren Buffett... He saw the dream and the fire of the then start up and invested heavily when no one thought much if it... So America is number one and two in EV race... Only one pride itself as chinese |
| Re: US Will Punish Countries That Dump U.S Dollars, With Tarriffs - Trump (Photos) by nighthawk1: 9:53am On Nov 03, 2024 |
On this I disagree with Trump. For emerging economies especially out of Africa need their own unified currency of exchange that is not the US dollar. Europe has theirs, Asia and Africa should have theirs too. Fair is Fair |
| Re: US Will Punish Countries That Dump U.S Dollars, With Tarriffs - Trump (Photos) by LibertyRep: 9:58am On Nov 03, 2024 |
NOETHNICITY:There's no defending white oppressors here. Leaders defend the interest of their countries at times, irrespective of what the other party feels. African leaders too should grow some balls and put the interest of their nations first in all dealings, instead of personal interest they often push. They don't play fair in that spectrum |
| Re: US Will Punish Countries That Dump U.S Dollars, With Tarriffs - Trump (Photos) by WrriterNg: 10:01am On Nov 03, 2024 |
blacksam01:😂 Hahahahahahahaha..... What?!! 70% of consumer goods in the US is produced in China. The remaining 30% comes from Asia & the EU. The US is a service economy not a production economy. There's a popular saying that the American dream is made in China. Even the MAGA republican hats worn by Donald Trump was made in China. The US buys more than it sells. Over $600 billion imports and $300 billion exports. |
| Re: US Will Punish Countries That Dump U.S Dollars, With Tarriffs - Trump (Photos) by Honor10: 10:04am On Nov 03, 2024 |
kingbee90:Just shatap! You too stop watching Fox news. Why are you supporting Trump that hate you just because of your skin color, talk of Stockholm syndrome, I am sure you are igbo. Nonsense |
| Re: US Will Punish Countries That Dump U.S Dollars, With Tarriffs - Trump (Photos) by WrriterNg: 10:06am On Nov 03, 2024 |
blacksam01:You're a big fat liar. Chuan Fu Wang is the owner and CEO of BYD. Also the largest shareholder. Not a single American own shares in BYD. America is 3rd in the EV race. China is 1st and 2nd. No one comes close. The largest Tesla factory is in China.
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| Re: US Will Punish Countries That Dump U.S Dollars, With Tarriffs - Trump (Photos) by blacksam01: 10:06am On Nov 03, 2024 |
WrriterNg:Do u know why people can produce a goods and still buy in from a foreign country ..? It's cuz of the law of comparative advantage... China have this advantage over most countries... Okay do u want to say that the US can't produce a hat..? A bike..? A shoe..? Now u are back to what I said..the US produces everything... |
| Re: US Will Punish Countries That Dump U.S Dollars, With Tarriffs - Trump (Photos) by blacksam01: 10:10am On Nov 03, 2024 |
WrriterNg:
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| Re: US Will Punish Countries That Dump U.S Dollars, With Tarriffs - Trump (Photos) by blacksam01: 10:11am On Nov 03, 2024 |
WrriterNg:
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| Re: US Will Punish Countries That Dump U.S Dollars, With Tarriffs - Trump (Photos) by SenecaTheYonger: 10:26am On Nov 03, 2024 |
People don’t understand what US sanction is. They think it’s just USA you can’t do business with. SMH. The list of country you can’t do business with is vast bro. And these countries are loyal to USA because of military and financial supports from USA. |
| Re: US Will Punish Countries That Dump U.S Dollars, With Tarriffs - Trump (Photos) by sirgalahad26(m): 10:30am On Nov 03, 2024 |
US would end up feeling the heat at the end ![]() They'll end up being virtually isolated Chest beating like they don't rely on these countries heavily |
| Re: US Will Punish Countries That Dump U.S Dollars, With Tarriffs - Trump (Photos) by WrriterNg: 10:34am On Nov 03, 2024 |
[quote author=blacksam01 post=132712720][/quote]So just $230 million in 2008 that he probably sold is why you named him the largest shareholder? Lmaooo |
| Re: US Will Punish Countries That Dump U.S Dollars, With Tarriffs - Trump (Photos) by NairaMaster1(m): 10:36am On Nov 03, 2024 |
WriterNig:But the EU is still using the dollar, chief. The Euro is for regional integration and not against dollar. BRICS is a malicious move unlike the Euro. SOUTH AFRICAN case is like small nyash the shake. |
| Re: US Will Punish Countries That Dump U.S Dollars, With Tarriffs - Trump (Photos) by WrriterNg: 10:36am On Nov 03, 2024 |
[quote author=blacksam01 post=132712704][/quote]This info looks outdated. Check from 2023. |
| Re: US Will Punish Countries That Dump U.S Dollars, With Tarriffs - Trump (Photos) by WrriterNg: 10:38am On Nov 03, 2024 |
[quote author=blacksam01 post=132712704][/quote]Less than 10% shares if you combine all of them. |
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