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Manufacture In America Or Face Tariffs – Trump Warns Global Business Leaders - Foreign Affairs (4) - Nairaland

Nairaland ForumNairaland GeneralPoliticsForeign AffairsManufacture In America Or Face Tariffs – Trump Warns Global Business Leaders (11930 Views)

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Re: Manufacture In America Or Face Tariffs – Trump Warns Global Business Leaders by udemzyudex(m): 8:58am On Jan 24, 2025
Thiefobi1:
After much promises during his campaign.

I believe Trump is beginning to sound clueless with his recent rhetoric.

He might end up worst than Biden.
Did you even watch his campaign? If you did, you won't be saying he sound clueless.
Re: Manufacture In America Or Face Tariffs – Trump Warns Global Business Leaders by udemzyudex(m): 9:00am On Jan 24, 2025
I just wonder why some of you guys are angry that Trump want to MAGA, the people of America voted for him and whatever he is saying now was part of his campaign point.

So why are you angry and insulting him for trying to implement what he said?

Na wa oooo.
Re: Manufacture In America Or Face Tariffs – Trump Warns Global Business Leaders by Konquest: 9:01am On Jan 24, 2025
adenigga:
US President Donald Trump on Thursday told world business leaders at the World Economic Forum in Davos, Switzerland, to manufacture in the United States or face tariffs.


Trump stated this in his first major speech to global leaders since returning to the White House this week.

DAILY POST recalls that since his swearing-in on Monday, Trump has said that Washington could impose steep tariffs on major trading partners Canada, Mexico and China as soon as February 1.



The Republican has also signed a flurry of executive orders, pulling the United States out of the Paris Climate Accords and the World Health Organisation.

“Come make your product in America and we will give you among the lowest taxes of any nation on earth.

“But if you don’t make your product in America, which is your prerogative, then very simply you will have to pay a tariff,” he stated.


In his speech, he added that he believed lower oil prices would help end the war in Ukraine instantly.

Trump said he expected to have a very good relationship with China, stressing that all they want is fairness.


Source: https://dailypost.ng/Manufacture-in-America-or-face-tariffs-Trump-warns-global-business-leaders
Ideally, if the total cost of production, taxes and other overheads are low to produce significant profit margins for manufacturers, why NOT? "It's America first" innit?
Re: Manufacture In America Or Face Tariffs – Trump Warns Global Business Leaders by udemzyudex(m): 9:04am On Jan 24, 2025
dealslip:
For all of you hailing this man. This is gibberish nonsense. The minimum wage in the US is $15 dollars an hour. Any product made in there will be very very expensive. He thinks he love his country but he is about to put them in trouble.
Yen yen yen bla bla, wetin concern you with him country?
You know better than the people who voted him there?
All them face their trouble and focus on your own trouble you're facing here too.
Re: Manufacture In America Or Face Tariffs – Trump Warns Global Business Leaders by D1official: 9:06am On Jan 24, 2025
Thiefobi1:
After much promises during his campaign.

I believe Trump is beginning to sound clueless with his recent rhetoric.

He might end up worst than Biden.
He has even achieved more in days than BIDEN's 8 years.

Anyways, I know you must be a Tinubu supporter angry
Re: Manufacture In America Or Face Tariffs – Trump Warns Global Business Leaders by SalamRushdie: 9:06am On Jan 24, 2025
Roboto11:
You mean because Chevron came to Nigeria to explore for oil they now own Nigeria?

Some of you don't even know how you sound.
Where did I say Americans own Pnaama , I said they built the canal mad need to be treated better when they pass the Canal ...when Chevron wants to move their Agbami FPSo out of Nigeria you can't stop the them
Re: Manufacture In America Or Face Tariffs – Trump Warns Global Business Leaders by egbedox: 9:10am On Jan 24, 2025
Roboto11:
The man has no sense.

That thing that he wants to do, he should do for the world to see.
They need you with sense to come and win an election and even take a step further and govern them.

Protect your feet with slippers first before trying to carpet other regions
Re: Manufacture In America Or Face Tariffs – Trump Warns Global Business Leaders by ogascomax: 9:12am On Jan 24, 2025
Thiefobi1:
After much promises during his campaign.

I believe Trump is beginning to sound clueless with his recent rhetoric.

He might end up worst than Biden.
He is simply doing what he campaigned for. I don't understand how you guys reason o
Re: Manufacture In America Or Face Tariffs – Trump Warns Global Business Leaders by Konquest: 9:15am On Jan 24, 2025
dealslip:
For all of you hailing this man. This is gibberish nonsense. The minimum wage in the US is $15 dollars an hour. Any product made in there will be very very expensive. He thinks he love his country but he is about to put them in trouble.
Indeed, if LOWER TAXES are offered for multinational companies that would eventually move to operate in the United States, then things might pan out right. On the other hand, to threaten VERY STIFF taxes on imported goods from other countries would also trigger a rash of higher taxes on imported American goods thereby nullifying whatever advantages Donald and his economic team are trying to achieve. So, each country has to find a BALANCE when engaging with international business entities.

These are the push-and-pull dynamics you get to encounter in international trade.
Re: Manufacture In America Or Face Tariffs – Trump Warns Global Business Leaders by cedricksly: 9:16am On Jan 24, 2025
Lol all the tariff threat would fall on the final consumers Las Las.. All these are toothless bark
Re: Manufacture In America Or Face Tariffs – Trump Warns Global Business Leaders by Roboto11: 9:23am On Jan 24, 2025
SalamRushdie:
Where did I say Americans own Pnaama , I said they built the canal mad need to be treated better when they pass the Canal ...when Chevron wants to move their Agbami FPSo out of Nigeria you can't stop the them
Treated better how?

You mean it should be for free or what?

Let him seize it Let us see.

grin
Re: Manufacture In America Or Face Tariffs – Trump Warns Global Business Leaders by Ankakh: 9:24am On Jan 24, 2025
“Come make your product in America and we will give you among the lowest taxes of any nation on earth.

“But if you don’t make your product in America, which is your prerogative, then very simply you will have to pay a tariff,” he stated.
Carrot and stick approach. Unfortunately, this is not how to use it. Trump is just a loud mouth. And he does it for the benefit of his base, and they lap it up

How does he not understand that these companies don't care about tariffs? They will simply mark it up on their products. The people who actually suffer are the end users, the everyday citizens. If you add a 25% tariff on imported aluminium from China for example, the companies that import these products into the US will pay that tariff to the US Customs, and assuming the price was $100/kg before the tariff, it becomes $125 or even $150 after the tariff (depending on how much revenue is necessary to keep the company in business). Yes, the companies will pay the tariff but the people actually paying are the users. This is part of why inflation happens in some sectors.

How does he not understand it? Or maybe he understands it but continue to play a fast one on his supporters.

This is not how you make your country strong.
Re: Manufacture In America Or Face Tariffs – Trump Warns Global Business Leaders by bentenny(m): 9:24am On Jan 24, 2025
Roboto11:
If Nigeria produced paper,Trump would have said we should move the factories to US soil.
Dats why we need a leader who understands the importance of production in Nigeria which interestingly made our currency stronger during the 60s-80s!
Re: Manufacture In America Or Face Tariffs – Trump Warns Global Business Leaders by dealslip(f): 9:25am On Jan 24, 2025
udemzyudex:
Yen yen yen bla bla, wetin concern you with him country?
You know better than the people who voted him there?
All them face their trouble and focus on your own trouble you're facing here too.
If you don't agree with an opinion, engage it constructively and stop advertising your illiterate mind. I do engage my country too.
Re: Manufacture In America Or Face Tariffs – Trump Warns Global Business Leaders by dealslip(f): 9:26am On Jan 24, 2025
Konquest:
Indeed, if LOWER TAXES are offered for multinational companies that would eventually move to operate in the United States, then things might pan out right. On the other hand, to threaten VERY STIFF taxes on imported goods from other countries would also trigger a rash of higher taxes on imported American goods thereby nullifying whatever advantages Donald and his economic team are trying to achieve. So, each country has to find a BALANCE when engaging with international business entities.

These are the push-and-pull dynamics you get to encounter in international trade.
Though I don't align with your point of view, I appreciate you expressing it articulately and constructively
Re: Manufacture In America Or Face Tariffs – Trump Warns Global Business Leaders by Konquest: 9:29am On Jan 24, 2025
Basicend:
At what labour and operational facility rate sir?

When I can get get far cheaper rates in Malaysia, China, Indonesia, India,Thailand and Vietnam.

Trump thinks it's a forceful and mechanical approach with tariffs that will address the American decline.


Oga, America has reached its peak, and another order in global trade and power is about to set in.

These steps will create an artificial inflation in the USA soon, and create an isolation of it's economy.

The only way he may delay it, is perhaps, fund more research for inventions, and reduce or cut off excessive spending on proxy wars and foreign aids. Then, re-appropriate the derived proceeds into more manufacturing and exportation.
You've stated things brilliantly here.

The unintended consequences for Trump and his economic team is that in the short term to medium-term, there would be retaliatory higher taxes as well on all U.S. imports, thereby canceling out whatever advantages he's looking for. Balance is key! NO country on Earth is in isolation from the other. Period.
Re: Manufacture In America Or Face Tariffs – Trump Warns Global Business Leaders by ribbit:
Thiefobi1:
After much promises during his campaign.

I believe Trump is beginning to sound clueless with his recent rhetoric.

He might end up worst than Biden.
you ediot, he is literally delivering his campaign promises.

Is there anything he has done so far that he didn't say he would do during his campaign? Or you too retarded to see this before you clowns support him blindly?
Re: Manufacture In America Or Face Tariffs – Trump Warns Global Business Leaders by ScarletBrace(m): 9:34am On Jan 24, 2025
Gotocourt:
American companies now rely on China , ode shocked
Same America that helped China's economic boom.
So now they can't do without China?

Anal reasoning.
Re: Manufacture In America Or Face Tariffs – Trump Warns Global Business Leaders by Omalicious1: 9:36am On Jan 24, 2025
adenigga:
Source: https://dailypost.ng/Manufacture-in-America-or-face-tariffs-Trump-warns-global-business-leaders
I wish our African leaders can say and mean it too...but greed don fold them
Re: Manufacture In America Or Face Tariffs – Trump Warns Global Business Leaders by emmy4real94(m): 9:38am On Jan 24, 2025
Who told you its about tax cuts? Do you know the rate per hour of work in some Us states? A day labor in US is worth a month in china of the equivalent.

That is why companies in US transport components from USA to china, assemble it, pay all kinds of duties to government then ships it back to USA and stil get 5times the profit.
SalamRushdie:
They won't go bankrupt, they will be receiving tax cuts ...Just watch out
Re: Manufacture In America Or Face Tariffs – Trump Warns Global Business Leaders by TheWitchKing(m): 9:38am On Jan 24, 2025
OkCornel:
Threats of tariffs not good for global trade.

If Nigeria ain’t got trade treaties in place for its strategic imports… too bad.

But Tinubu should confront Trump on this nau.

The president of the most populous black nation on earth hmmm
U need to see how i am Laughing. grin
Re: Manufacture In America Or Face Tariffs – Trump Warns Global Business Leaders by TheWitchKing(m): 9:43am On Jan 24, 2025
ScarletBrace:
Same America that helped China's economic boom.
So now they can't do without China?

Anal reasoning.
Na you day follow these Monkeys day do analysis. Just leave them make them day cap nonsense.
Re: Manufacture In America Or Face Tariffs – Trump Warns Global Business Leaders by ScarletBrace(m): 9:43am On Jan 24, 2025
Basicend:
At what labour and operational facility rate sir?

When I can get get far cheaper rates in Malaysia, China, Indonesia, India,Thailand and Vietnam.

Trump thinks it's a forceful and mechanical approach with tariffs that will address the American decline.

Oga, America has reached its peak, and another order in global trade and power is about to set in.

These steps will create an artificial inflation in the USA soon, and create an isolation of it's economy.

The only way he may delay it, is perhaps, fund more research for inventions, and reduce or cut off excessive spending on proxy wars and foreign aids. Then, re-appropriate the derived proceeds into more manufacturing and exportation.
Disuan head don't knock sha.
Shey na Ladipo business sense na you carry come analyze this kind matterhuh
Re: Manufacture In America Or Face Tariffs – Trump Warns Global Business Leaders by SalamRushdie: 9:45am On Jan 24, 2025
Roboto11:
Treated better how?

You mean it should be for free or what?

Let him seize it Let us see.

grin
They Block that canal and there is nothing you can do , afterall it's American technology that still powers the canal andbifbthe withdraw their tech the canal shuts down ...Trust me Panama will definitely reduce anti American Tarrifs
Re: Manufacture In America Or Face Tariffs – Trump Warns Global Business Leaders by Roboto11: 9:49am On Jan 24, 2025
SalamRushdie:
They Block that canal and there is nothing you can do , afterall it's American technology that still powers the canal andbifbthe withdraw their tech the canal shuts down ...Trust me Panama will definitely reduce anti American Tarrifs
They can't block the Canal.

By the way, it was US that needed the canal.

They can re-route through some other path.
Re: Manufacture In America Or Face Tariffs – Trump Warns Global Business Leaders by imagrg(m): 9:59am On Jan 24, 2025
Trump is inspired by Tinubu's boldness geared towards re-creating a better Nigeria.

It's a bold step in the right direction.
Re: Manufacture In America Or Face Tariffs – Trump Warns Global Business Leaders by Athemisia: 10:15am On Jan 24, 2025
Kingdavid579:
The thing Nigeria or Africa have to do also, Chinese companies cannot keep on dumping their products here.

They should either manufacture or assemble in Nigeria or they should forget about our great consuming population
Why will they do that? When most of the components are found in their countries and it's way cheaper for them??
Re: Manufacture In America Or Face Tariffs – Trump Warns Global Business Leaders by Athemisia: 10:24am On Jan 24, 2025
ScarletBrace:
Same America that helped China's economic boom.
So now they can't do without China?

Anal reasoning.
Stop all this beer parlour analysis...
Where and when did U.S.A help China??
For more than 2 decades now the U.S are the largest importer from China.
Re: Manufacture In America Or Face Tariffs – Trump Warns Global Business Leaders by Majesty7: 10:27am On Jan 24, 2025
Re: Manufacture In America Or Face Tariffs – Trump Warns Global Business Leaders by Athemisia: 10:28am On Jan 24, 2025
egbedox:
They need you with sense to come and win an election and even take a step further and govern them.

Protect your feet with slippers first before trying to carpet other regions
STFU!... sad
If don't have anything in your brain to contribute, just shut up!... Not everyone in Nigeria is living by Nigeria economy...
Re: Manufacture In America Or Face Tariffs – Trump Warns Global Business Leaders by zoedew: 10:29am On Jan 24, 2025
helinues:
Hahaha. It means most USA business would fold down.

They can't afford the labour in Usa
No! Trump will simply cut taxes paid by manufacturing companies and companies in turn will reciprocate the gesture by doing wages right and employing more workers. The produced goods are needed by other countries who will be compelled to buy. In any event, America itself is The Market!
Re: Manufacture In America Or Face Tariffs – Trump Warns Global Business Leaders by Namigotalktru: 11:04am On Jan 24, 2025
But all trumps businesses including his daughters own manufacture in China.

Plus their Labour cost is high and their people are lazy in the meantime they want to deport the people that will work for cheap.
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