Today is "Liberation Day" in the US. Trump tariffs hits worldwide. LW and GKY pissing in the pants? Have they worked on retaliatory tariffs to impose?

k1976 said:

Why not?
Murika is filled with crazy peepur who are more saw hei than Sinki de woh

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when you put it like that, how can I disagree?

spinn said:

lol gst shifts d burden of tax from d lich to d poooooooooooor

n dey tell u ish to help d poooooooooooor wat dey din shay is to get pooooooorer


highest payed pat holo gic al liiiiiiiiiiiiiiiiiiiiiiiiiarrrrrrrrrrrrssssssssssssss

hallmark of d pupppppiiiiiiieeeeeeesssssssssssssssssssss


d biggest scam - gst

robin hood robs the rich to give the poor

hood robin robs the poor to give the rich, dis g is hood robin

before gst rich man tax was 40% after gst is was reduced to 30%, then to 20%, now stands at 23%

corparate tax was at 40%, after gst it was reduced, now stands at 17%

estate duty was abolished on 15 feb 2008

1 tier dividend tax was introduce from 1 jan 2008

before 1 tier div tx, div flows to personal income n is taxed at personal tax bracket ie rich man is taxed at 40% while retired n jobless will get a refund if the div is less than their taxable income

after 1 tier div tax rich man get a huge discount from 40% to 17%, saving 23% while poor man who used to get a refund, now effectivel pays corrparate tx of 17% n gst, ie his tax liability has effectively increase from 0 to 17% plus gst

so after gst, rich man is saving 17% on income tax every year n 23% on div tx and ofc no longer subject to estate duty

so gas where the shortfall comes from??

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although difficult to read, I agree with your statements.

congo9 said:

Now isn't China the next big brother , knn even China want to export their way to US for prosperity.

China should open up ... Let all other Nation to trade with them.

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they should. but too stupid to do so. all they know how to do is retaliate. knn really wasted opportunity.

Here's how Trump calculated tariffs. The math has baffled economists​

"There's so much wrong with this approach that it's hard to know where to start," said a Nobel laureate.


President Donald Trump walks to the Oval Office after signing an executive order during an event to announce new tariffs in the Rose Garden of the White House, Wednesday, April 2, 2025, in Washington. (AP Photo/Evan Vucci)
04 Apr 2025 11:56AM(Updated: 04 Apr 2025 12:04PM)



Trade economists were scratching their heads at the formula used by the White House to measure trade imbalances and inflict punishment on all its global trading partners.

https://www.channelnewsasia.com/world/trump-tariffs-calculation-formula-5043991

myfoot123 said:

Before Trump was elected, LW has already imposed 9% tariff, in Singapore we call it GST. This country has no right to be angry at other nations who imposed tariffs on goods and services.

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alamak you another one. GST is not a tariff. A tariff is specifically a protectionist measure against imports.

GST whack everyone and everything in sinkieland hokay? It doesn't touch anything in Murica. Murica has sales taxes more or less = GST. It's known as a consumption tax in economics. Tariffs are an import tax. haiyoh...

Tariffs are against imports from certain countries. Singapore is quite privileged in that tariffs are the exception. Likes to promote free port status.

What you think of these laureate knows about running a nation ?

ftan42 said:

End of the road for ASEAN countries as tariffs hit is very high with the least for sinkie

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not necessarily. An easy way out if undetected is to have everything shipped through Singapore. Vietnamese, Thai, Indonesian goods all shipped out through sg as produced in sg. sg will be the winner in this.

congo9 said:

What you think of these laureate knows about running a nation ?

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they know more about international trade more than a businessman with 9 bankruptcies to his name.

glockman said:

Horny americans will not be able to resist beautiful oriental xmm, so they will still fall into the ccp honey-trap.

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Left Right hand DIY will be their best friend

nightsafari said:

they know more about international trade more than a businessman with 9 bankruptcies to his name.

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They know theory but they have never created or run anything in their lives.

Paul Krugman also writes for the NYT so he's obliged to take a particular stance.

Everyone thinks they're "experts" let's allow the strategy to run its course and we can pass judgement via the results achieved in a few year's time.

In the meantime everything said is nothing more than theory and conjecture regardless of which side of the spectrum it is coming from.

I'm all for a shake up. Trade policies that exist today were crafted during an era when the world was a very different place. EG the West actually wanted to help China develop in the mistaken belief that a prosperous China would make it more democratic. We all know how that has turned out.

glockman said:

Hardly anything we buy these days are from the US anyway.

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Not the hardware but US is still lumpar one in soft power dominion - just selling you Hollywood BS is enough. All the fucking liberal colleges are breeding grounds for wokies, drags and transhumans who will go on to run WEF juggernauts.

Leongsam said:

They know theory but they have never created or run anything in their lives.

Paul Krugman also writes for the NYT so he's obliged to take a particular stance.

Everyone thinks they're "experts" let's allow the strategy to run its course and we can pass judgement via the results achieved in a few year's time.

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I generally agree with the above. But I'm pretty certain the US will grind to a lower level by that time. As you're fond of saying your comments age well, in this case I do hope that they really do and you will be proven right. But my experience tells me that you will not. I don't want Russia or China to be dictating policy.

Leongsam said:

In the meantime everything said is nothing more than theory and conjecture regardless of which side of the spectrum it is coming from.

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That's certainly your right to have that opinion.

But I'm certain that the tariffs will make Americans suffer more than anyone else in the world. Oh sure, other economies will stall. But the US has a longer way to fall from primacy and it will fall because of his actions. For the tariffees, yeah they'll fall from barely broke to more broke. But the US will go from #1 all the way who gives a shit about them.

Leongsam said:

I'm all for a shake up. Trade policies that exist today were crafted during an era when the world was a very different place. EG the West actually wanted to help China develop in the mistaken belief that a prosperous China would make it more democratic. We all know how that has turned out.

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That was another episode that had me swearing at the TV. China will never be grateful. It's all a one way street and an incredibly stupid and short-sighted policy. China takes everything and gives little in return. A shake-up is fine.


Let me make my position clear : A shake-up where you economically kill all your below median income populace I've got a problem with.


I had hopes he would refine his 1st term. There are more than half a dozen ways to restore the US. He went exactly the opposite way. You can't conflate 1 stupidity and hope that the exact opposite will be the solution. Everything else I don't really give a shit about. Whether it's his planes, his girls or his businesses. That's his life, not mine.

Leongsam said:

They know theory but they have never created or run anything in their lives.

Paul Krugman also writes for the NYT so he's obliged to take a particular stance.

Everyone thinks they're "experts" let's allow the strategy to run its course and we can pass judgement via the results achieved in a few year's time.

In the meantime everything said is nothing more than theory and conjecture regardless of which side of the spectrum it is coming from.

I'm all for a shake up. Trade policies that exist today were crafted during an era when the world was a very different place. EG the West actually wanted to help China develop in the mistaken belief that a prosperous China would make it more democratic. We all know how that has turned out.

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one last thing. If you and Trump prove right and the US ends up better off, it would be a win both for you and for me.

Trump is shaking the global economic order like no other US President has done before. Suddenly the world forgot about the Ukraine War etc.

nightsafari said:

Here's how Trump calculated tariffs. The math has baffled economists​

"There's so much wrong with this approach that it's hard to know where to start," said a Nobel laureate.

President Donald Trump walks to the Oval Office after signing an executive order during an event to announce new tariffs in the Rose Garden of the White House, Wednesday, April 2, 2025, in Washington. (AP Photo/Evan Vucci)
04 Apr 2025 11:56AM(Updated: 04 Apr 2025 12:04PM)



Trade economists were scratching their heads at the formula used by the White House to measure trade imbalances and inflict punishment on all its global trading partners.

https://www.channelnewsasia.com/world/trump-tariffs-calculation-formula-5043991

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I have arrived at the conclusion that although the dems are cheating scum, they have a monopoly on intelligent political leaders and staffers.

laksaboy said:

Vietnam can negotiate to lower tariffs. What Trump will not tolerate is Tiongs outsourcing to Vietnam then re-exporting to other countries.

Daiso and Nike are fucked.

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fantastic news 4 my portfolio. ze tariffs r working. vietnam want 2 cut tariffs 2 0!

make america great again!

Ah Max said:

fantastic news 4 my portfolio. ze tariffs r working. vietnam want 2 cut tariffs 2 0!

make america great again!

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Can negotiate and cut. Argentina did it already.

Just no negotiations and no cuts for China.

Trump will not forgive or forget 1) fentanyl, 2) the stolen election of 2020, 3) Chinese death squads who tried to assassinate him several times.

Trump tariffs: China strikes back as stocks slide after worst day since 2020​

Countries seeking to sell goods to the United States will face tariffs as high as 54% based on how the White House is calculating duties on U.S. exports.


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April 4, 2025, 4:01 AM EDT / Updated April 4, 2025, 9:08 PM EDT
By NBC News

What to know​

• Fallout from the Trump administration's aggressive global tariff regime continues to hit global markets and frustrate geopolitics, while the president has shown no signs of backing down.
• China hit back at Trump's punitive 34% tariff with its own levy of the same percentage on U.S. imports.
• Long-standing U.S. allies across most of the world's largest economies reacted with a mixture of anger and despair as they vowed retaliatory tariffs and hinted at some of the measures they plan to use to soften the blow to their own economies.
• U.S. stocks are in the middle of another brutal and chaotic day, with major indexes dropping more than 3% each.