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#business

401 posts105 participants3 posts today
AJ Sadauskas

One of the perverse things about Trump's tariff taxes appears to be that it, in some cases, they will make American-made goods *more expensive* than imported ones.

How so?

Imagine this.

There are two identical products that sell for $100.

One is manufactured in Australia, one is manufactured in the US.

For both products, there's $75 worth of parts and components made in China.

The Australian-made product is hit with a 10% tariff tax. That's $10. So it would retail in the US for $110.

The $75 worth of Chinese-made parts in the American-made product are hit with a 34% tariff tax. That's $25.50. So it would retail in the US for $125.50.

So if I'm not mistaken, it works out $12.50 cheaper to export the Chinese-made parts to a low-tariff-tax country like Australia to assemble before importing them to the US, than it is to just assemble them in the US.

Also, how is it not inflationary to make the cheapest product in the market $110 rather than $100?!

It gets even worse for exports.

Let's imagine the EU reciprocates Trump's 20% tariff tax on imports from the US.

That $125.50 US product gets slugged with an additional $25.10 tariff tax in the EU. That's $150.60.

The net result is American goods end up far *less* competitive.

#tariff#trade#trump
Astro Hawk (Ian Kluft) 🚀🛰️

"SpaceX just took a big step toward reusing Starship’s Super Heavy booster" by @arstechnica - First test-firing of a previously-flown #SuperHeavy booster (1st stage of #Starship) indicates preparation to re-fly it. No word on which flight it's intended for, or if that decision has been made yet. arstechnica.com/space/2025/04/ #NewSpace #SpaceX #spacegeek #business

Ars Technica · SpaceX just took a big step toward reusing Starship’s Super Heavy boosterBy Stephen Clark
Alo Japan

alojapan.com/1236680/santos-si Santos signs long-term SPA with Hokkaido Gas #business #decarbonisation #emissions #energy #finance #Hokkaido #HokkaidoGas #HokkaidoNews #LNG #NaturalGas #news #Santos #北海道 
 
 
 
 
 
 
 
 
 
 Save to read list
 
 
 
 
 
 
 
 
 
 
 
 Published by Jessica Casey,
 Editor
 
 
 
 LNG Industry,
 Thursday, 30 May 2024 14:00
 
 &#1…

Santos signs long-term SPA with Hokkaido Gas
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