This is not a "new economic theory", in fact a very old one but it requires accounting for human behaviour & negotiation, and a knowledge of transfer pricing practices.
Level 1: US govt takes in more tax from imported goods, which become more expensive. The assumption here is that suppliers of imported goods pass on all or some of the higher tariffs. There is also the assumption that as a consequence, the demand for some goods falls (depending on demand elasticity for the particular good) so much that it becomes uneconomic for the supplier to continue to sell into the US. This is the level at which many are freaking out.
Level 2: Suppliers of imported goods realise demand for their product has fallen in many cases and so possibly absorb more of the tariff &/or reduce their (foreign, non-US) input costs to keep any increase as low as possible, so as to not lose too much market share to US-supplied goods. US consumers switch to US-supplied goods which are now priced more attractively in comparison with imported goods. This increases demand for US-manufactured & grown goods, which in turn improves the businesses of US manufacturers & farmers. Initially, ceteris paribus, volume simply increases & profitability grows. Then US businesses will have funds to expand & increase their workforce. Unemployment goes down. US govt increases company tax take while tariff revenue falls, but unemployment costs also fall.
Level 3: Suppliers of imported goods try to avoid tariffs by switching some or all of their manufacturing to the US, for US-supplied goods. This was seen almost immediately by companies such as Taiwan Semiconductor that announced new investment for semiconductor manufacturing in the US. Of course, in Taiwan Semiconductor's case, the move is simultaneously an insurance against any geopolitical changes (like heightened tension in the South China Sea) that might hinder or block shipping of their product. Hyundai's proposed new steel plant in Louisiana is an example of new manufacturing of components, using US-sourced raw materials, to supply existing and expanded manufacturing capacity in the US. This produces more jobs in the US, lowering unemployment. Once again, US govt increases company tax take as above.
Level 4: Companies that have benefiting hugely from transfer pricing practices will now repatriate their offshore profits to avoid tariffs. Apple is an excellent example. Classic transfer pricing - it has been manufacturing iPhones in China for a very low cost (US$5 or thereabouts?), which it then "sells" to a subsidiary in a zero tax jurisdiction. That subsidiary then "sells" to the US subsidiary for a vastly higher amount that is closer to what the end consumer pays, say US$1000. The US subsidiary then sells the product to the US consumer for say, US$1010, thus reporting a profit of something less than US$10 (less US marketing, admin & logistics costs) on which tax is paid. Thus there is a significant profit that the overall corporate entity accumulates that is effectively quarantined in the zero tax jurisdiction. The interplay between higher tariffs & lower corporate tax will make it far more profitable for such companies to repatriate their offshore profits and switch manufacturing to the US. Apple has already seen this and announced a US$500b investment. Once again, unemployment goes down, US govt increases tax take etc etc.
Level 5: The increased tariffs break the status quo and force US trading partners to the negotiating table, not just on trade but in a myriad of other areas. The US is such a massive global consumer that its buying power simply cannot be ignored. This is a huge geopolitical advantage for the US.
All of this goes beyond mere economic theory of course. Also, there will be far wider effects I haven't thought of but which far smarter people, like Scott Bessent & the rest of Trump's team, have already mapped out. Timing with China's economic downturn is one massive potential disrupter. A potential massive depopulation in the next decade in developed countries (which Elon Musk & Edward Dowd have referred to numerous times) is another. I hope this is a sufficiently clear explanation.
So, it seems like Rakesh Naidoo's wife, Vanisa Dhir, was instrumental in corrupting the National Council of Women with gender ideology, when she was president back in 2019. She and her husband sound like a pair of DEI menaces.
In the UK, 11 trans people have been murdered since 2000.
In the same country, from 2009 - 2021, 16 women were murdered by serving or retired police officers. Not killed by officers in the line of duty โ flat out murdered.
In 2022 alone, 11 British women were killed by male strangers. 12 were murdered by their own sons; 150 British women have been murdered by their own sons since 2012.
On average, a woman is murdered by a man in the UK once every 72 hours.
Where is the Day of Remembrance for the women murdered by their own sons? By their husbands, their fathers, their brothers? By serving police officers?
In the last 25 years, there have been nearly twice as many trans-identifying murderers than there have been murder victims - 20 murderers, versus 11 victims โ and yet weโre told to believe that this is a genocide, while our own dead go ignored and unnamed.
These people are, per capita, the safest demographic in the UK, with a homicide rate of 0.38 per 100k (for women, itโs 0.50 per 100k, and for normal men, itโs 1.23.) but weโre supposed to believe that theyโre being physically exterminated? Or is genocide another one of those words that has deliberately been stripped of its meaning, like โwomanโ and โfemaleโ?
Who gains when people are conditioned to roll their eyes at the word โgenocideโ? When โwomanโ has no meaning in law or policy? What is the end game here?
๐ฉFFS : David Seymour put out a press release calling out the murder of Henry Nowak and stupid identity politics and rules.
It appears that heโs forgotten championing (along with National) for Sikhs to be able to carry their daggers - even on a plane.
Winston Peters was the lone Politician who argued against allowing the carve outs, to which Seymour accused WP of being โculturally ignorantโ.
Act and National both used their Indian MPโs - candidates to market the law/regulation change - Identity Politicking much?
[ ACT PRESS RELEASE Aug 14 2017]
โWinston Peters has yet again displayed ignorance of modern New Zealand when he attacked Sikhsโ pursuit to carry a kirpan, a ceremonial religious dagger in public places and workplaces, says David Seymour.
Winston yearns for the time Indians belonged in the corner dairy; in modern New Zealand, the Indian community is an important part of the economy, society, and culture.
ACT will ensure that in the next Parliament, we will ensure a bill is passed to allow Sikhs to wear the kirpan in public.โ
[Herald August 14 2017]
As a Sikh, this is an attack my freedom of religion. Anyone who canโt tell the difference between a 2 metre long lethal weapon and a 10 centimetre ceremonial ornament needs to properly educate and inform themselves,โ says ACT candidate, Bhupinder Singhโ ENDS.
National list MP Kanwaljit Singh Bakshi has a private member's bill in the ballot to allow a baptised Sikh person to carry a kirpan in public places and workplaces, without this being an offence.
โFormer PM John Key in 2015 said the Government was considering exempting kirpans from civil aviation rules, to allow them to be carried onboard and not stowed with luggage.
Those comments came after seven Sikh cricket fans were barred from watching a Cricket World Cup match at Eden Park because they were wearing kirpans.
A kirpan is a small sword or dagger, worn in a sheath on a strap or belt.
In August, a Sikh man was removed from an Air New Zealand flight from Christchurch to Invercargill, after another passenger noticed his kirpan.
Despite those problems, Peters said changing the Crimes Act to allow Sikhs to carry the kirpan would be a rule to favour them over others.
Perhaps it's time for a serious talk with the Sikh community to avoid people walking around with a dagger of cold hard steel."
ACT and National have always bowed to minorities and have been keen on mass immigration & replacing our culture and introducing a two tier society. Act have today introduced a policy for yet another visa pathway for immigrants - which avoids his little surcharge Seymour announced just the other week.
Worried about the Indian takeover ? DONโT VOTE ACT or NATIONAL โฆ if they get this India FT deal through NZ as we know it will be finished.
ACT Press release 2017: https://t.co/OzfBUBLOPf
ACT Press release 2026
https://t.co/QIDX6wsldS
NZ Herald August 14 2017
https://t.co/ljm82cg2l7
Latin America since USAID defunding:
๐จ๐ฑ Kast ("far right") wins in Chile
๐ง๐ด Paz ("far right") wins in Bolivia
๐ต๐ช Fujimori ("far right") wins in Peru
๐ช๐จ Noboa ("far right") wins in Ecuador
๐ญ๐ณ Asfura ("far right") wins in Honduras
๐จ๐ท Fernandez ("far right") wins in Costa Rica
Extremely telling development
This fantastic video was made by @andysayshi1, and he would love to see it shared as widely as possible.
(he doesnโt even care about the credit, but i think he deserves a massive thank you)
So Labour conspired with Naidoo over many months to run a special process just for him, to hide his intentions from Police.
Hipkins has made this far worse, by stating they didn't follow their normal process.
https://t.co/WQ8tFrTln3
@MarioNawfal The Strait accounts for 20% of the global oil trade so in reality, in time, supplies from other areas & routes will substitute. A drop in oil prices will come when sentiment catches up with reality.
@aniobrien Elliot is genuinely a New Zealand first person, not aligned with values that don't put NZ first. He is totally not globalist, he is not bought.
This is the "socialised healthcare" that is in New Zealand also. People in NZ have died in the Emergency waiting room, waiting for a ruptured appendix to be taken out.
๐๐๐ ๐๐๐๐ ๐๐ ๐ ๐๐ ๐ ๐๐๐๐. ๐๐๐ ๐๐๐๐ ๐๐๐ ๐๐๐๐๐๐๐ ๐ ๐๐๐. ๐๐๐๐ ๐๐ ๐๐๐๐ โ๐ ๐๐๐โ ๐๐๐๐๐๐๐๐๐๐ ๐๐๐๐๐๐๐๐ ๐๐๐๐๐
Roseanne Milburn, 61, of Winnipeg, had a routine procedure turn into an amputation โ not because the surgery failed, but because Canadaโs government-run system couldnโt find her a bed.
A surgeon at Winnipegโs Health Sciences Centre removed dead tissue from her knee, then sent her to Concordia Hospital with the plan to bring her back that same day so a specialist could stitch the wound (CBC News). She was never brought back.
There was no bed at HSC. So she sat at Concordia with an ๐จ๐ฉ๐๐ง ๐ฌ๐ฎ๐ซ๐ ๐ข๐๐๐ฅ ๐ฐ๐จ๐ฎ๐ง๐ ๐๐จ๐ซ ๐๐ข๐ ๐ก๐ญ ๐๐๐ฒ๐ฌ, waiting for the system to make room.
As the video narrator put it: โ๐๐ช๐จ๐ฉ๐ต ๐ฅ๐ข๐บ๐ด ๐ธ๐ช๐ต๐ฉ ๐ข๐ฏ ๐ฐ๐ฑ๐ฆ๐ฏ ๐ธ๐ฐ๐ถ๐ฏ๐ฅ ๐ช๐ฏ ๐๐ข๐ฏ๐ข๐ฅ๐ข. ๐๐ฐ๐ต ๐ช๐ฏ ๐๐ถ๐ฃ๐ข, ๐ฏ๐ฐ๐ต ๐ช๐ฏ ๐๐ข๐ฅ๐ข๐จ๐ข๐ด๐ค๐ข๐ณ, ๐ฏ๐ฐ๐ต ๐ช๐ฏ ๐ด๐ฐ๐ฎ๐ฆ ๐ง๐ข๐ณ-๐ง๐ญ๐ถ๐ฏ๐จ ๐ต๐ฉ๐ช๐ณ๐ฅ-๐ธ๐ฐ๐ณ๐ญ๐ฅ ๐ค๐ฐ๐ถ๐ฏ๐ต๐ณ๐บ. ๐๐ฐ, ๐ฏ๐ฐ, ๐ฏ๐ฐ, ๐ช๐ฏ ๐๐ข๐ฏ๐ข๐ฅ๐ข.โ
By the time a bed opened, the wound had rotted past saving. The doctors told her the leg couldnโt be salvaged. On a Friday in December, Roseanne Milburn lost her ๐ซ๐ข๐ ๐ก๐ญ ๐ฅ๐๐ โ over a missing hospital bed.
This is not a freak accident. It is the predictable output of a system that rations care by making people wait.
In 2025, the median Canadian waited ๐๐.๐ ๐ฐ๐๐๐ค๐ฌ from a GP referral to actual treatment (Fraser Institute). For orthopedic surgery โ the exact category Milburn needed โ the median wait is ๐๐.๐ ๐ฐ๐๐๐ค๐ฌ. Nearly a full year. By design.
That is 222 percent longer than the 9.3-week wait Canadians faced in 1993 (Fraser Institute). The system isnโt getting better. Itโs getting slower โ and the waiting list itself becomes the rationing mechanism.
Defenders call it โ๐ง๐ณ๐ฆ๐ฆโ. It is not free. Roseanne Milburn paid for it. She paid with her leg.
Every politician selling โ๐๐ฆ๐ฅ๐ช๐ค๐ข๐ณ๐ฆ ๐ง๐ฐ๐ณ ๐๐ญ๐ญโ is selling this โ the bed that never opens, the specialist who never comes, the wound that turns black while a bureaucrat shuffles a list.
๐ ๐ฐ๐๐ข๐ญ๐ข๐ง๐ ๐ฅ๐ข๐ฌ๐ญ ๐ข๐ฌ ๐ฃ๐ฎ๐ฌ๐ญ ๐ ๐๐๐ง๐ข๐๐ฅ ๐ฐ๐ข๐ญ๐ก ๐ ๐๐๐ฅ๐๐ง๐๐๐ซ ๐๐ญ๐ญ๐๐๐ก๐๐.
I bet Mark Mitchell now regrets not revealing the who was the Police senior who actioned an Investigation into the โLuxsinghโ facebook post.
Spoiler alert, NZโs Sadiq Khan, Labours next great woke hope.
A nation wrecking slimeball.
Alla faccia di chi boicottaโฆ
Tamara Casalan
La storia รจ stata appena scritta nelle sale operatorie del Centro Medico Ichilov di Israele ๐ฎ๐ฑ e l'intero mondo medico รจ in stato di puro stupore.
I chirurghi hanno realizzato ciรฒ che una volta sembrava impossibile: rimuovere un tumore cerebrale raro senza aprire la testa.
Attraverso un approccio transorbitale di punta - entrando con precisione
attraverso la gola ocularia utilizzando robot avanzati e endoscopia - loro hanno escisso completamente la crescita.
Nessuna craniotomia.
Nessuna cicatrice massiva.
Solo innovazione pura, maestria e mani stabili.
Ouesto non รจ solo una vittoria per la scienza; รจ un testimonianza profonda del rifiuto dell'umanitร di accettare i limiti.
Mentre il mondo si concentra sulla divisione, la medicina israeliana ci ricorda cosa puรฒ realizzare la chiarezza morale e l'eccellenza scientifica: vite salvate, futuro ripristinato e speranza data ai pazienti di tutto il mondo.
Israele non innova solo sotto pressione - le sue innovazioni sono da sempre disponibili per l'intera umanitร .
Orgogliosi oltre le parole.
Am Yisrael Chai.
#MedicalBreakthrough #lsraellnnovation #Neurosurgery #Proudlsrael #AmYsraelChai
Javier Milei: โI thought being on the left was a mental problem. The empirical evidence is so overwhelming that it never worked anywhere, and they refused to accept it.โ
โBut what I discovered is that being on the left is a disease of the soul. The left is built on envy, hatred, resentment, and unequal treatment under the law. They are very violent, and since they have no way or arguments to answer, they go for physical violence.โ
Today India cancelled the nationwide examination for entrance to medical training...because of corruption in the exam process. Someone sold the exam questions.
Think about that when @NZNationalParty is telling you about those wonderful high skilled migrants who'll be arriving. @VoteSovereign
https://t.co/Wjd5SFFGm3
Did you know the Auckland Council has a $171 million Mฤori Outcomes Fund? Wayne Brown increased their funding by $21 million in 2024. Our money has been extorted, misused and wasted - again. Thanks to the Taxpayers Union for this shocking revelation.
I mean come on. Seriously.
Chris Hipkins has no problem funnelling his superannuation โ plus generous taxpayer funded contributions, straight into his own beach house, while lecturing hard working Kiwis that savings must be redirected into โproductive investment.โ
In his State of the Nation speech he declared:
โFor too long, too much capital has been locked up in housing speculation โ driving up prices, while businesses struggle to find the investment they need to grow.โ
Pure hypocrisy. Do as I say, not as I do. Labourโs elite always exempt themselves.
Ready for one of the most disturbing marketing campaigns youโve ever seen? @HelloFresh wants you to know that they have food for you to prepare your colon for receiving anal sex during Pride Month. Yes, this is real. No sane person should use this insane company.