₦airaland Forum

MEEVEET:
There is was a gentle man agreement in the world

US dollar becomes the world currency and the world have access to USA economy it worked well for years now Trump is saying no more

No amount of Tariffs would save USA if the world dumps dollar

So you think the strength of the Dollar is because of its use as global currency? 😅.

crystalpapers:
The EU has placed American products on tariffs for a long time and trump reciprocating now is evil, humans ehenn. I will advise people to study things on there own and not believe all they are told.

List the products and the actual tariffs.

Basicend:
America subsidized nations that were buying it's printed paper dollars for their trades without an adequate security.

More so, who and how would America pay it's debts?

Your idea is an American rhetoric. You need to view things from both ends.

US in a larger scale had been milking the world's trading system with the centralization of USD. Wake up.

How does one milk the world trading system with centralisation of dollars?

Does America get percentage interest per USD used around the world? Lol.

NothingDoMe:
So you think the strength of the Dollar is because of its use as global currency? 😅.

Obviously u don't know anything about money so sorry

By the time this lemon Head is done with the US they will hate democracy!

fergie001:
Shigeru Ishiba
Prime Minister of Japan



Mark Carney
Prime Minister of Canada



Ursula Von der Leyen
President, European Union Commission



Michael Martin
Prime Minister of Ireland



Giorgia Meloni
Prime Minister of Italy



Gustavo Petro
President of Colombia



China's Ministry of Commerce



Brazil's Foreign Ministry



Pedro Sanchez
Prime Minister of Spain



Todd McClay
New Zealand's Trade Minister



Karin Keller-Sutter
President of Switzerland



Han Duck-Soo
Acting President, South Korea



Keir Starmer
UK Prime Minister

DeepSight:
The USA was not suffering anything before he started all this. And what he has started will make life harder for Americans as inflation will unavoidably spike. He is not doing this to protect anybody. He is doing it to flex muscles. He is a thoughtless, senseless illiterate man only worshipped by shallow people.

you know nothing about economics..... Higher tarriffs for imported goods, tax waivers for domestic manufacturers and the advantages far outweigh the disadvantages....

More jobs
Higher gdp
Higher standards of living
More self reliance
Independence from external market forces

grandstar:
The man has just wrecked the economy and you're praising his buffoonery?

Strong leadership won't make 1 + 1= 3.

A bad policy is a bad policy and it's worse when it's in the hand a strongheaded leader. Nigerians went through the grinder for 8 years under Buhari.

Trump is far worse!

please do not compare Trump with the lifeless Buhari or the arrogant and vapid emperor you have as your presido.

While Trump is rambunctious and I also prefer a little more tact, his game play is pretty obvious so far. He will not commit to a trade war. All he has been making so far are threats of it since January ooo, and it's all in a bid to shake things up and renegotiate. Better than stupid moves laced with lies, deception and propaganda that goes nowhere and produces no result.

He will show results that ALL will see. He did well in his first term, bar his 'public' handling/utterances during COVID....and even then it was thanks to this same Trump that a vaccine was produced in record time.

He is a smart man, not the brainless sinister maradona politicians we have in our country. He hasn't gone to France or UK for check up🤣

Actually Trump and his Economic team understand the whole game

I watched Trump's economic adviser interview about 2 weeks ago.

Whether people realize it or not
America is the King. US consuming power is 20 trillion dollars, China which is the closest's consuming power is 10 trillion dollars

So every other Nation depends on the US to buy from them.
Previous US Presidents never take cognizance of this. Then when you add US deficit, it's colossal.

What Trump's economic team are saying if you want the US to consume your goods, build your factory in the US and employ Americans.

Although this his policies will distort global economy in a crazy way. But people should brace it for global recession. Because other Nations will fight back.

But in the end America is still the King
Due to its consumption powers.
No other Nation can match them for now.

unclejb2:
you know nothing about economics..... Higher tarriffs for imported goods, tax waivers for domestic manufacturers and the advantages far outweigh the disadvantages....

More jobs
Higher gdp
Higher standards of living
More self reliance
Independence from external market forces

You are illiterate. I have nothing to add.

hotwax:
is that how your tinubu has lowered the rising cost of living in nigeria?

you will be talking as if USA na ur papa land...but nigeria can be treated anyhow.

Its nearly imposibble to import cars in nigeria right now...thats over-the-ceiling tarrif...so nigeria can do it, trump can't do it

help me ask grandstar and alagba freestuffng o. That na tariff imposed by Nigeria on Nigerians o🤣. No outrage on that one.

People always quick to spill bile cos they don't like you.

Righteousness2:
President Trump the great Nationalist is not joking at all at all!

One Undisputable fact about Trump is that He Loves His Nation and is not afraid to take bold courageous decisions to put his Nation First before Forming helper of the world while your people are in tears.

Nobody is an island bro and you can't do it all alone bro.

fergie001:
Shigeru Ishiba
Prime Minister of Japan



Mark Carney
Prime Minister of Canada



Ursula Von der Leyen
President, European Union Commission



Michael Martin
Prime Minister of Ireland



Giorgia Meloni
Prime Minister of Italy



Gustavo Petro
President of Colombia



China's Ministry of Commerce



Brazil's Foreign Ministry



Pedro Sanchez
Prime Minister of Spain



Todd McClay
New Zealand's Trade Minister



Karin Keller-Sutter
President of Switzerland



Han Duck-Soo
Acting President, South Korea



Keir Starmer
UK Prime Minister

Not a single african or AU leader response shows how africa is being perceived in international relations. Always the crumbs

Xisnin:
All this Trump worshippers.
How does this makes his country great?

Worry about the worrisome state of things in your country.

LordBiden:
Instead of him focusing on how to ease cost of living in the USA by enacting policies that will bring down prices of goods,, he is busy fighting nonsensical trade war.

He should brace up for retaliations from eu countries and china since he wants to be stupid.

American farmers will pay for this.

He is doing that already, income tax

djon78:
Actually Trump and his Economic team understand the whole game

I watched Trump's economic adviser interview about 2 weeks ago.

Whether people realize it or not
America is the King. US consuming power is 20 trillion dollars, China which is the closest's consuming power is 10 trillion dollars

So every other Nation depends on the US to buy from them.
Previous US Presidents never take cognizance of this. Then when you add US deficit, it's colossal.

What Trump's economic team are saying if you want the US to consume your goods, build your factory in the US and employ Americans.

Although this his policies will distort global economy in a crazy way. But people should brace it for global recession. Because other Nations will fight back.

But in the end America is still the King
Due to its consumption powers.
No other Nation can match them for now.

And consumer debt at 18 trillion right?

China’s debt is 60% of its GDP, do you know that of the US? You will say it’s a lie if I told you.

NothingDoMe:
You are the one calling it war. Trump is reciprocating tarrifs. Countries should counter him with facts and not sentiments.

Hope he would also show to the world, the enough amount of money they are being raked on each country, in area of technological transfer? (Google,apple, Facebook, Instagram,data among others) trade shouldn't be goods alone, but services as well.

Tariff war , inflation wars.

Of all the messages posted, only Colombia, New Zealand & Switzerland understand the drill...

And only China has the muscle to match the statement they made...

The rest are absolutely not in touch of the Economic reality at hand... except they all want to become part of the EU.

Treadway:
help me ask grandstar and alagba freestuffng o. That na tariff imposed by Nigeria on Nigerians o🤣. No outrage on that one.

People always quick to spill bile cos they don't like you.

Again, you're focusing on Tinubu rather than focus on the real issue.

Tinubu inherited those tariffs. He did not initiate them. The policy was initiated by the investment minister, Agangan, during Jonathan tenure. Okonjo-Iweala who was the finance minister at the time condemned it. She was never consulted.

If tariffs are "high," it nay be down to the devaluation of the Naira which makes it more expensive to import.

I personally support import duties of 20% max on all finished products. Zero percent on raw material and capital good such as machinery.

Some of Tinubus policies such as that on textiles and steel don't seat well with me. I am for open borders. I am a strong supporter of free trade.

Please note that tariffs are one of the easiest taxes to collect. That is probably why the present governmenr has been fixated that it collects every dime possible. Tariffs and tariff evasion by previous governments could not be divorced. This present government is determined to collect every dime.

Guyman02:
Cost of living will drop if Americans buy Made in America products, their exports will be cheaper too creating more jobs for US economy. Its in America interest but detrimental to countries which has America as their major trading partners

Dangote cement and imported Chinese cement, which one would be cheaper?

Before America consumers could leave America products and start buying imported, it means the prices of imported are relatively cheaper.

Just like so many Nigeria products prices are way higher, which makes people rushing for imported goods, most especially before currency devaluation, is the same logic that made consumers in America boycotting made in USA for imported goods.

Xisnin:
List the others that impose "ridiculous" tariffs on all American imports.
We are waiting.

Really ...abeg, check Canada and China tariffs.....please take your time to research instead of digesting partisan reportage of the left-wing media

Treadway:
please do not compare Trump with the lifeless Buhari or the arrogant and vapid emperor you have as your presido.

While Trump is rambunctious and I also prefer a little more tact, his game play is pretty obvious so far. He will not commit to a trade war. All he has been making so far are threats of it since January ooo, and it's all in a bid to shake things up and renegotiate. Better than stupid moves laced with lies, deception and propaganda that goes nowhere and produces no result.

He will show results that ALL will see. He did well in his first term, bar his 'public' handling/utterances during COVID....and even then it was thanks to this same Trump that a vaccine was produced in record time.

He is a smart man, not the brainless sinister maradona politicians we have in our country. He hasn't gone to France or UK for check up🤣

Trump will wreck the US economy. You don't use threats of tariffs to bully nations. The best pundits and economists have said. 23 American Nobel laurates in economics have condemned his tariff and mass deportation policies

In addition,he actually wants those tariffs.

He believes that the federal government will earn lots of money by taxing imports.

In addition, he wants to bring back jobs to the USA through tariffs. Tariffs would encourage companies to set up plants in the country.

His tariffs and mass deportation policies are one step forward and 10 steps backward.

Stop believing your own prognosis. Economists have already spoken. Round pegs in round holes.

The US is doomed!

By the way, Buhari is better than Trump any day.

vRendoh:
Every government worldwide is caring for her peoples. Nigeria should do same. Nigeria politician and civil servants should stop stealing the nigeria dollars to the white man country. Na your own be your own. Even the white men dem get colour! Love your own , build your own!

Exactly. People are crying fowl when these countries are the ones reaping the US of with tariffs to start with.

These are the tariffs they charge the US compared to the little the US is charging them back. Only a fool would think the US is the bully here. These US is only changing them half of what they charge the US and they’re still crying .

The orange column is the retaliatory US tariff. Humans have this entitlement mentality that because you’re rich, you should allow others to rip you off

Xisnin:
Why are you afraid of naming the country that did such?
When you see posts online always ask for evidence before helping
to spread misinformation.

See the countries here
I wasn't making a specific statement. I just wanted to get cleared and learn

richard870:
Really ...abeg, check Canada and China tariffs.....please take your time to research instead of digesting partisan reportage of the left-wing media

Nothing to digest.
You made a blanket claim and you can't even provide one example to back yourself.
I am not surprised, you are probably one of the victims of fake outrage media.
FYI, tariffs aren't secret but they count on you never asking questions and they are right.

Misterone:
The question is; how did he get his numbers? That's what New Zealand prime minister said.

If you have a point sir, pls make it...

DeepSight:
Trump is not retaliating against anyone, he is the one starting this where there was no problem, rather its others that will retaliate against the USA. Think of it, which country in the world do you think will start a trade war with the USA? NONE.

This is all Trump and his egoistic foolishness.

Let me get this straight, are you saying this countries tariffs on America isn't higher than what America's tariffs is on there goods.

Throw more light pls

LordBiden:
Instead of him focusing on how to ease cost of living in the USA by enacting policies that will bring down prices of goods,, he is busy fighting nonsensical trade war.

He should brace up for retaliations from eu countries and china since he wants to be stupid.

American farmers will pay for this.

..so is it USA that controls and determines businesses and trade of the whole world and country..can't countries do without USA ?
I am just asking

LordBiden:
Instead of him focusing on how to ease cost of living in the USA by enacting policies that will bring down prices of goods,, he is busy fighting nonsensical trade war.

He should brace up for retaliations from eu countries and china since he wants to be stupid.

American farmers will pay for this.

trump is gradually becoming useless for my liking since he started unveiling most of his unfavorable policies.

LordBiden:
Instead of him focusing on how to ease cost of living in the USA by enacting policies that will bring down prices of goods,, he is busy fighting nonsensical trade war.

He should brace up for retaliations from eu countries and china since he wants to be stupid.

American farmers will pay for this.

says an African economic asylum seeker.

Have you checked the cost of living in your country Vs that of the US?

Your inflation rate is in double digits and your currency is worth less than toilet tissue globally.

Ekpa

Ernchibyke:
See the countries here
I wasn't making a specific statement. I just wanted to get cleared and learn

The board displayed by Trump like everything about him is fake.
The fact that you posted it means you are not familiar with tariff.

Trumps Tariff is based on trade deficits with other countries and he
then choses the highest tariff figures to derive his own.
Those who export less than they import from US were heavily taxed
while those who import a lot from US were slammed with 10% flat rates.

Take the EU for example, there is a heavy tariff on agriculture import
and then lower tariff like 10% on cars and textiles.
Every other goods range from 0-5%.

That is how most countries operate.
If Trump was retaliating, he would have chosen some particular industries
of the "offenders" and then apply high tariff on them.

From your image, China imposes 67% tariff on US goods but this is a blatant lie.

Fiscus105:
Dangote cement and Chinese cement, which one would be cheaper?

Before America consumers could leave America products and start buying imported, it means the prices if imported are relatively cheaper.

Just like so many Nigeria products prices are way higher, which makes people rushing for imported goods, most especially before currency devaluation, is the same logic that made consumers in America boycotting made in USA for imported goods.

If our Govt imposes huge tariff on Chinese goods the demand will drop and we will start looking for local alternatives.

Why is NNPC selling crude to Dangote in a foreign currency because they want to encourage importation and keep the price hire. If we impose huge tariff on Malta fuel local refiners will see a boost to their business