@sentova@KobeissiLetter Allies like Vietnam? So now Vietnam should scramble to sell to the US, working to increase their trade deficit, then what, have their 46% bumped?
@ArthurX64226676@SpencerHakimian I have had a small factory in Vietnam for almost 10 years. You’re suggesting a USA factory will be paying wages comparable to VN wages?
@KhavarianFarhad@DI_3@GuntherEagleman Is this true? If they’re on credit terns I doubt they’d be accepted back and even if it’s allowed, likely not happening without paying freight and a restocking fee
@BobKnezevic@Nanny7779311@Acyn Now the Australian domestic supplier of there is one.. sees they are $1200 cheaper than the Korean import.. so they raise their price $1000 . The local Australian buyer is now forced to pay $1000 or $1200..
@BobKnezevic@Nanny7779311@Acyn So then when the Australian importer pays the $1200 tariff to their own government to bring the Korean washing machine in, what happens ? They raise the price of that washing machine that’s being sold in USA. Their customer pays the $1200 to them .
@BobKnezevic@Nanny7779311@Acyn If the customer no longer wants to buy the now $1200 more expensive machine, they can choose to buy a non imported one (unless Australia doesn’t make washing machines in country, or does but needs to import Korean components which are more $$)