₦airaland Forum

idahme:
This is how Zimbabwe boasted and fell

tunjijones:
Is Tinubu the owner of Nigeria?

It's only a foolish person that wld use left hand to describe his father's house.

You are Indeed a foolish one....

Biodun556:
He is probably imposing tarrifs and downsizing workers to save cost in preparation for a major military offensive

MadPolitician:
Nigeria should go ahead and reciprocate by banning imports from America. There is nothing they buy from us anyways. They used to buy oil from Nigeria, but that has stopped around the days of NADECO. There is nothing we import from the US that we can not import at a cheaper rate from asia. So let the trade war start. We are already down, so why fear further falls?

blueghost:
Just see what you said, are you even happy with yourself? That is why you are a Mad Politician no wisdom at all

SIRTee15:
Trump is right. American trade deficit is crazy. It's over a trillion dollars in negative. It makes no sense at all.
Nobody is saying America shouldn't import but there has to be some control.
Some manufacturing has to return home especially from china even if it means automation.
Someone has to end the father Christmas. This nonsense is the reason feds keeps printing the dollar carelessly. This has to stop too. Every dollar printed must be backed by value.

And good luck finding another generous importing country like America. Europe isn't wealthy enough as a single consumer market; and don't even mention china, that country will never tolerate any massive foreign importation in any form.

Reference:
It doesn't work that way. Imports will fall as prices rise and at some point American made goods will become competitive once more.

Watch out and see how revenues from the increased tariffs will be used by the US government to subsidize American companies and stimulate local productivity.

The question the rest of the world should be asking is. If you strip the US of all productivity where will the typical American get the money to buy the things you produce. Trade remains a balance. You should care for your customers just as much as you care for your shop. You should worry if your customer is going into increased, unsustainable debt. If he goes bust, you will go bust as well.

Bluntemperor:
In Your opinion o!
Trump is Not Stupid,for you are not talking to a drunk or a smoker,in fact he hates those two things and his head is working like a new Jet engine 🚂,to make America Great Again.
No matter how much hates for him,he has assembled the most radicals of these Best American in this 21 Century to Navigate the turbulent economic Waters ahead!

TheBillyonaire:
But it is Americans paying the tariff. The Chaos Master doing what the world needs now for smooth transfer of Power to the Dragon. When the Dragon rises, the Eagle surrenders, not without chaos.

Reference:
Yes, all that is true.
But that is where negotiations come in at all levels. Labour/wage negotiations, insurance negotiations, even taxes and enterprise laws. These are the next things that will have to be freed up to make the system work.

The fundamental question they are asking themselves is: If all the jobs go to foreigners and all the factories relocate abroad, where will the jobs and the paycheques and the wealth come from to buy the goods the world produces.

Can anyone answer this simple but fundamental question. If you are not working how can you be shopping.

Mynd44:
That’s what they have told you.

I will like to see USA produce tropical agriculture produce though

kettykin:
If Nigeria reciprocates , operating system will be out of reach, ChatGPT subscriptions will only be for the very rich, cost of drugs from US will be over the shelf.

The best for Nigeria now is just to restrategize like China did years ago

MadPolitician:
Some of you are so hopeless I wonder how this country can ever be great with her population full of imbecilic thinkers like you lot..

So according to all of you, because America is a super power, under no circumstances should Nigeria ever think of reciprocating a trade war, even when America buys next to nothing from Nigeria? So whenever America say jump, we should all ask "how high"? You lot lack basic self esteem.

Pakistan, Malaysia or Indonesia will impose trade tariffs on American products if they think that will be helpful to their economy. But once you moot that idea to some starry eyed Nigerians, they start to foam in the mouth. I's America your maternal home, if i may ask? Are you saying that Nigeria must be Americas slave for ever?
No need to argue with you cos you are clearly a Mad man
Bunch of tribal neanderthal riddled with inferiority complex..

drehdinho:
To those who don’t understand the point in this news: the USA established a policy of which the sole purpose is to discourage importation of goods. The practical way to implement this policy is to increase tariff on the imported goods.

The consequence is it makes those goods expensive to people living in the USA. Hence the people would begin to prefer cheaper versions of those items. The cheaper items are the localized goods - made in and by the USA.

It’s a way to promote and encourage local manufacturers in the USA.

Nigeria does the same when we placed a 25% tariff on USA imported goods . The implication : USA imported goods prices go up and becomes unaffordable. Reason you see many foreign products in Nigeria these days are so expensive- from Turkey wear to foreign shoes and bags and electronics.

From time immemorial this is a policy efficient for economic strengthening and development.

cococandy:
Trump’s products are made in China.

Yall don’t know this man you come on NL to defend. Biggest liar and conman ever liveth

justwise:
Some online users don’t really think through before clicking LIKE.

This trade war dumb Trump started will benefit China more as many will rather buy made in China than American made.

There is a reason why American companies prefer producing their products outside America, if they decided to produce locally then they have to face several issues… high wage demand, trade unions compliance, difficulties employing locally (Trump has deported immigrants doing those low paying jobs) .


Already American farmers and construction companies are struggling to get workers because of Trump immigration policies.

TheBillyonaire:
But it is Americans paying the tariff. The Chaos Master doing what the world needs now for smooth transfer of Power to the Dragon. When the Dragon rises, the Eagle surrenders, not without chaos.