“It is my opinion that the SUV or, as it is sometimes referred to, Large Engine Vehicle, which does so well in the United States, will be a wonderful addition to the various product lines within Vietnam”
Source: https://truthsocial.com/@realDonaldTrump/posts/114784170652465525
I’m so confused? Why would Vietnam agree to a one sided “free” trade agreement.
Assuming trump has wildly oversimplified the details to sound better than they are.
US goods will be cheaper in Vietnam compared to other countries in the region. US companies will be more likely to invest in Vietnam compared to other countries in the region. If 20% is low relative to where their regional competitors end up it’s not a bad deal. I don’t think a lot of US produced goods compete with local products so its not likely to cause domestic industry much problems.
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Quite a few companies in China have been outsourcing to Vietnam to avoid tariffs during the first Trump administration. They didn’t reverse course after the Biden administration increased tariffs further.
Even if Trump didn’t touch the 25% special tariff on Chinese goods, 20% alone justifies doing so.
He’s got an extensive history of lying about (among so many things) what so-and-so told him in a private meeting, only to be called out and contradicted by that very person the following day.
Throw another one on the pile, most likely.
Some countries are caving to US on war. Some on trade. VN was threatened with 46% tariffs. The 40% transhipment rate is something easily avoided. I doubt VN will import more from US. VN making a deal can still provide best value apparel to US
VinFast is state owned and gets a pile of subsidies on every vehicle sold. There’s also piles of taxes and regulations applied to other vehicles. The US vehicles will be uncompetitive.
I suspect they are “caving” a lot like Mexico and Canada “caved” earlier-the request made is already fulfilled.
Because they get cheaper tariffs on exports to the US, in the knowledge that they don’t want to import much at all from the US, so it makes Trump think he has something when he has nothing.
In other words Vietnamese will not pay extra for US cars but US citizens will pay extra for EVERYTHING that comes from Vietnam. LOL
I suspect his goal is to make/keep other countries dependent on the US. That much is clear.
He wants Vietnamese to depend on him, before he can tariff them to death. That way he weakens Chinese influence, on paper.
He also wants to force Americans to only buy from fascists, rather than from normal people.
Well, we all know he is crazy, so this is actually normal for him.
They will pay the tariffs! That’s how tariffs work. /s
You know, it’s getting seriously difficult for me to discern Trump’s actual posts from parody accounts.
The way he writes and says things… It just sounds like someone trolling.
@Tattorack @Davriellelouna Trump himself is completely out to lunch. He doesn’t know what his own policies are, only that he’s been told that whatever he just signed will make him look powerful and manly. The handlers running his accounts are just having fun knowing they can make abundantly clear that the dictator has no idea what’s going on and civil society is (for now) powerless to do anything. That can only go on for so long…
I almost wonder if there’s a PR team making them, trying to impersonate Trump’s style.
Since he has started signing some of his posts (like my mom signs her texts), I do wonder if the unsigned ones are posted by someone else. Or maybe he just thinks he should sign the Really Important Ones.
There is.
Definitely. This one was not written by him. Too many accurate details about Vietnamese titles and too many long words in general. When he writes his own they are usually in all caps, doesn’t contain any large words, but frequently contains typos instead.
You’re not alone! I have the same problem.
Vietnam
SUV
Vietnam:
Trump’s gone woke, he’s making deals with socialists! Quick, cancel his DEI funding!
Somebody check his gender.
i’m sure he can’t even place vietnam on a map
Transshipping? Oh shit, is he deporting trans folks to Vietnam?
/s just in case
he's paying for their weddings!
/j
Honestly they might be better off there.
So American will pay between 20 and 40% tax on goods coming from Vietnam but the Vietnamese can buy US goods with no tax?
Cool.
Do Americans know this?
Yes
It’s protectionism, and the Democrats do. Republicans don’t know what a tariff is.
It’s funny. 20 to 40 tax on Americans and none on the Vietnamese and he thinks that people who make an average of USD$8,000 per year are going to buy $100,000 US SUVs. He’s a delusional idiot.
I some times ask myself is it dementia or imbecility?
Does that man understand the bullshit coming out of his holes, or is it the narcism that makes him talk and talk and talk, no matter how much lunacy is it the words leaving him…
Yes
If I had no idea who he was, I could give extreme benefit of the doubt and say it’s spin. Claiming a loss is really a win.
But we do know who he is, so I’m going with imbecility.
I clicked on the link and There’s no german page for that… but there’s a page in Pfälzisch, the dialect people in the german region Palatinate (Pfalz) speak.
Hasn’t really been large engines in a decade now. All new stuff has boring ass tiny engines with turbos
SUVs have never really had a good engine to weight ratio.
The first batches of Ford Explorer have a V6 that frankly cannot handle mountain highways because of the thing’s weight.
Does Trump actually think that Vietnam pays the tariffs?
No but he knows his idiot cult followers believe what he wants them to believe.
He might think it too.
Burger World!!!
Vietnam will pay a 20% tariff
He still hasn’t learned how they work, has he
Trump? Learning? Yeah… nope.
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This reads like he still, even after everything, doesn’t understand how tariffs work.
Uh, he doesn’t.
I honestly can’t decide if he just really doesn’t know or he’s this consistently dishonest. It’s hard to pick cuz I have trouble believing he could be that consistent about anything.
He doesnt care how they work.
It think he’s role playing as a “wildcard” character. He actually has said he likes being unpredictable to keep people on their toes.
@njm1314 @KoboldCoterie he’s a conman, so pretty consistent with whichever lies the con depends on, like LEV generally means Low Emission Vehicle. He knows how tariffs work, but won’t admit that. Keeping cult members in a disinformation bubble is the whole game.
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For him to start to understand would imply the ability to learn
Frustratingly his constant repeating of this backwards understanding is working. It’s starting to widely take hold and resistance in the face of constant misinformation is breaking down. I heard in the last week NPR and the BBC repeat the “foreign country will pay” as fact, not a quote, with no effort to correct or clarify.
What’s the saying? Repeat a lie enough and it becomes reality?
Neither do the people
whomwho voted. This is why an educated population is very important*who
Yeah, me bad engrish
just never say whom if you have any doubt ever, it’s really unnecessary in this century
