Canada, Greenland, Mexico, etc - USA Tariffs / Trade War commencing March 2025 #4

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  • #141
It didn't occur to me that Trump's Big Idea was that Toyota (and all global manufacturing) would move their head office and manufacturing to the USA.

Trump expects that every industry that benefits USA buyers should relocate to the USA, then the USA wants their products cheap. The USA government will get rich by adding a tax when those products are sold outside the USA. Funny idea.

Why can't the USA develop their own ideas, train employees, build manufacturing plants using local materials, and get rich ... same as other countries. Where are all those USA entrepreneurs?
Yep -- we used to do it back several years ago...
 
  • #142
But isn't that precisely what Trump is attempting to achieve?? USA products 'flooding' the globe??
I think Intellectual Property should count as trade, and the US certain floods the world with entertainment products.

A movie or other show is "manufactured" with millions in investment, a large industry is based on it.

JMO
 
  • #143
I think Intellectual Property should count as trade, and the US certain floods the world with entertainment products.

A movie or other show is "manufactured" with millions in investment, a large industry is based on it.

JMO
Hollywood is certainly a player in the export stakes. But it is somewhat overshadowed by Bollywood, where the numbers tell the story....

In terms of the number of films produced and tickets sold, Bollywood (Indian cinema) is larger than Hollywood.

Here's a more detailed comparison:
  • Film Production:
    Bollywood produces significantly more films annually than Hollywood, with Bollywood producing around 1000 films, while Hollywood produces around 500.

  • Ticket Sales:
    Bollywood sells more tickets globally than Hollywood, with Bollywood having 3.5 billion tickets sold annually compared to Hollywood's 2.6 billion.

  • Global Audience:
    Bollywood has a larger worldwide audience, with an estimated 3 billion viewers compared to Hollywood's 2.6 billion.

  • Revenue:
    While Bollywood has a larger audience and produces more films, Hollywood generates more revenue due to higher ticket prices and international distribution.

  • Age
    Bollywood is older than Hollywood, starting in 1899, while Hollywood started in 1909.
 
  • #144
I think Intellectual Property should count as trade, and the US certain floods the world with entertainment products.

A movie or other show is "manufactured" with millions in investment, a large industry is based on it.

JMO

Apparently Hollywood is now worried that other countries may slap a tariff on their services.


.... the US is the largest exporter of services in the world and the country ran a trade surplus in services of nearly $300bn last year.

A key fear for the international film and TV industry is the trade war may escalate if countries – from the European Union to Canada and Australia – seek to retaliate with their own tariffs on US services. This risks dragging the tech giants and the film and TV industry into the tariff war.


 
  • #145
rrrrrather difficult to make a cow speed up the process though.. don't you think?? 🤪
DJT thinks these tariffs can be renegotiated again and again if he needs to do so. Recall he sometimes forgets by tomorrow what he said yesterday. Maybe McD will beg him to let just them import AUS beef for less....he likes McD. That is why he is exhausting- he is like a bad date. Eventually the world will just ignore him but that would be the worst for him so he will keep prodding everyone. As long as everyone has to ask his permission and he can dole out favors and punishments, he gets to be king.
 
  • #146
It is a matter that is not spoken about very much, yet it is one of the USA"s big export industries, the ghastliness of it defies all rationale. And how desperate , how utterly beaten down must people be to sell their blood .. SELL it..

I should know but I don't;, if you are in hospital in the uSA and you need a blood transfusion, is the actual product. not so much the labour of the transfusion but the actual blood , is that a charge on the patients bill??
it's a charge
 
  • #147
Would there be any effect on franchises within these tariffs?
 
  • #148
Former Senator Pat Toomey, former ranking member of Senate Banking Committee ( also a pre-MAGA Republican) was interviewed. His comments:

This is a very personal belief and wish of Trumps to instill such severe tariffs, very personal despite much advisement to the contrary from bankers, politicians, economists and those with long-term responsibility for the economy. Toomy was surprised by the depth and extent, and feels this will bring harm to the Amercian standard of life before Trump realizes he has caused enough harm to lose voters.

He reminds us that the President does not have the authority to regulate trade, this is a duty that is the job of Congress. Yet, current GOP members of Congress have acceeded their authority over to Trump.

Members of Congress will feel the hits from their constitutents with higher prices, and job losses. Already, there are announcements of cutbacks from some manufacturers. He says it will get worse.

Even a 10% drop in the market and the open acknowledgement of recession will not make him change his ming. Likely the only thing that will make Trump made changes will be a significant loss in the GDP, which is a given, now.

What I get from the interview is that ex-Senator Toomey says this is a Personal EGO problem for Trump, he does not care about the consequences and pain this will cause millions of people, and that it will might even be 10 years before we can get back to where we were on Monday.

Everyone is telling Trump: Blanket tariffs are a loser.
@Herat

We need a link for the above, AND a distinction (i.e. quote marks, or italics, or something) between the Senator's quoted words and your own. Otherwise we have no idea who said what.
 
  • #149
It is a matter that is not spoken about very much, yet it is one of the USA"s big export industries, the ghastliness of it defies all rationale. And how desperate , how utterly beaten down must people be to sell their blood .. SELL it..

I should know but I don't;, if you are in hospital in the uSA and you need a blood transfusion, is the actual product. not so much the labour of the transfusion but the actual blood , is that a charge on the patients bill??
answering my own posts now. ( 😬 )

In the United States, the cost of a blood transfusion can vary significantly, but the average charge to the patient per unit of red blood cells is around $343.63, with the acquisition cost for hospitals being about $210.74 per unit.

Here's a more detailed breakdown:
  • Acquisition Cost:
    Hospitals pay roughly $200 to $300 per unit of red blood cells from suppliers.

  • Charges to Patients:
    The average charge to the patient for a unit of red blood cells is around $343.63.


  • I was staggered by this cost, ... I have a niece who has transfusions every week or so, Myodisplaisia.. she does not recreate her own red blood cells, is awaiting a match for bone marrow transplant, meanwhile the transfusions keep her up to par... this year it would have cost her , if she had the bad luck to be an american citizen, cost her $41,160.00
good lord.. how do americans survive this rotten system???
 
  • #150
it's a charge
google:

In the US, hospitals typically pay around $180 to $300 for a pint of blood. However, the cost a patient is charged for a blood transfusion can vary significantly, ranging from $1,000 to $3,500 or more, depending on the hospital, insurance, and other factors.



Here's a more detailed breakdown:
  • Hospitals' acquisition cost:
    The price hospitals pay for a unit of blood (a pint) can range from $180 to $300, depending on the market and other factors.
  • Hospital charges to patients:
    The total cost a patient is charged for a blood transfusion, including the cost of the blood, handling, testing, and administration, can range from $1,000 to $3,500 or more.

  • Factors influencing costs:
    The cost of blood transfusions can vary based on geographic location, the type of blood product used, the frequency of laboratory tests, and the hospital's pricing policies.

  • Patient out-of-pocket costs:
    What patients end up paying out-of-pocket can vary significantly depending on their health insurance plans and coverage.

  • Red Cross pricing:
    The Red Cross, which is a major blood collection organization, has seen its prices rise over time, with the cost of collecting, testing, transporting, and delivering blood increasing.

Believe that for most people with insurance, Medicare or Medicaid, the cost is covered but I did donate once long ago when a coworker with a critical condition was getting so much in the hospital, we were asked to donate if possible because it was creating a local shortage. In times of natural disaster, the Red Cross often asks for donations. It is not quite as gruesome as people selling pints online. I believe (?) hospitals sometimes have you bank your own blood before a planned operation, and sometimes you can have a credit as it were but I do not know the details about that.
 
  • #151
Holy batmobile, that 'rotten system' is about to be extra rotten.. ''

Former heart surgeon and TV pitchman Dr Mehmet Oz was confirmed on Thursday to lead the Centers for Medicare and Medicaid Services (CMS)

The horror, the horror..
 
  • #152
And one unit does not go far!

Think we are in danger of going OT
 
  • #153
Really good timing to have this ready now


Welcome to Vancouver #HMCSCornerBrook! Our most advanced submarine and its crew are in Vancouver after having completed sea trials and the training necessary to commence operations in the Indo-pacific. #HelpLeadFight
 
  • #154
I seriously think the "dumbing down" began a long time ago. Things that should be taught as mandatory subjects have not been taught.
I don't know if it is because they wanted to push people through with "passes", achieving their pieces of educational paper, or why it has happened. But I suspect it is because "enrol and pay, pass, next enrolment and payment, next pass ..... ".
The big business of higher education. IBM
I remember (back in the day) when my friends and I joked about how in the US you could get a degree majoring in football and cake decorating!
 
  • #155
And one unit does not go far!

Think we are in danger of going OT
I forgot to calculate it by the actual number of units for each transfusion..!! it would have cost her , this year.. $123,48.00 just up until April in one year.!!
 
  • #156
Holy batmobile, that 'rotten system' is about to be extra rotten.. ''

Former heart surgeon and TV pitchman Dr Mehmet Oz was confirmed on Thursday to lead the Centers for Medicare and Medicaid Services (CMS)

The horror, the horror..

Tell us more! Know nothing about this man
 
  • #157
Would there be any effect on franchises within these tariffs?

I can't see how franchises will be unaffected. I think they source their products through their franchisors?


Franchisors often require franchisees to buy goods and services from them or suppliers they choose. For example, franchisors making franchisees buy certain cleaning supplies or ingredients from a specific company.

 
  • #158
  • #159
I can't see how franchises will be unaffected. I think they source their products through their franchisors?


Franchisors often require franchisees to buy goods and services from them or suppliers they choose. For example, franchisors making franchisees buy certain cleaning supplies or ingredients from a specific company.


Ok. Lets take Subway as example. Operate in many countries with fresh ingredients, bread baked in situ.

That leaves the sauces that are maybe imported.

But they have a franchise that allows them to operate under Subway title whilst they are not legally associated with the US company?
 
  • #160
Ok. Lets take Subway as example. Operate in many countries with fresh ingredients, bread baked in situ.

That leaves the sauces that are maybe imported.

But they have a franchise that allows them to operate under Subway title whilst they are not legally associated with the US company?

Then they might be okay. Buying fresh local ingredients is the saver for them.
Unless their franchisor ups their monthly fee due to increases in their own costs.


Franchisees typically pay a monthly royalty fee to the franchisor, usually calculated as a percentage of their gross sales, to cover ongoing support, brand usage, and marketing initiatives.

 
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