US blacklists Switzerland for "unfair trade"
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Can't have a trade deficit if you don't have trade.
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When we have absolutely no allies left except Russia, America will truly be great again.
Not sure I'd call Russia an ally rather than a puppetmaster
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And in the same quote:
we have been doing exactly what President Trump wants for a long time
And I believe her.
So how did CH get on that list?
US trade delegate Jamieson Greer has called on American companies to report unfair trade practices by partner countries
So some businessperson with a grievance decides what gets onto some government list? Truly an oligarchy.
That said I'd like to know a bit more about the whole (yet another) international debacle.
I guess they just didn't like the trade deficit because they think it means "losing"
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And in the same quote:
we have been doing exactly what President Trump wants for a long time
And I believe her.
So how did CH get on that list?
US trade delegate Jamieson Greer has called on American companies to report unfair trade practices by partner countries
So some businessperson with a grievance decides what gets onto some government list? Truly an oligarchy.
That said I'd like to know a bit more about the whole (yet another) international debacle.
I wonder what the plan is when one oligarch needs the country’s product and another wants the country tariffed. I guess whoever has the larger bribes wins?
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Our spineless politicians are going to react well to this, I'm sure.
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Where are our right wing assholes now who said they would prefer trump? Trump would be better for Switzerland? Fucking SVP morons
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The Orange Moron is doing a really good job at uniting and integrating former allies against him
“But we certainly can’t be accused of being unfair. Switzerland has unilaterally abolished its industrial tariffs, we have no pharmaceutical tariffs. US companies can export their products to Switzerland duty-free,”
It is as if the Cheater in Chief is turning everything to shit that he touchess. I can't wait for the 30'000% tariffs on Swiss gold or whatever his idea will be.
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Can't have a trade deficit if you don't have trade.
-"Trade deficit went down 50%!!"
(Trade went down 60%)
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Time for someone to leak a list of billionaires' Swiss bank accounts.
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Not sure I'd call Russia an ally rather than a puppetmaster
Though the US has always had a certain tendency to act similarly after WW2 ...
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When we have absolutely no allies left except Russia, America will truly be great again.
That's good because it means there won't be anyone in the way of a socialist revolution, comrade!
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trump has a trade deficit with mcdonalds too. Time to annex them or something.
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I guess they just didn't like the trade deficit because they think it means "losing"
Trump is the epitome of the Republican sentiment "Unless I have privilege I'm being oppressed"
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2000% tariff on American made watches to Switzerland
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US trade delegate Jamieson Greer has called on American companies to report unfair trade practices by partner countries, according Budliger Artieda. This applies in particular to G20 countries and states with a strongly positive trade balance with the US.
You would not expect an efficient world market to have a zero bilateral trade balance.
Say we have a world with three countries.
Country A is good at producing apples and consumes a lot of beans.
Country B is good at producing beans and consumes a lot of cherries.
Country C is good at producing cherries and consumes a lot of apples.
But no country on there should have a zero bilateral trade balance with any other country. Country A should run a deficit with B and surplus with C. B should run a deficit with C and surplus with A. C should run a deficit with A and surplus with B.
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I guess they just didn't like the trade deficit because they think it means "losing"
Also Trump views VAT
I don't know about that. The problem is that you cannot take Trump statements as straightforward representations of his views. He says plenty of things just because they're politically useful, without regard for truth.
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Where are our right wing assholes now who said they would prefer trump? Trump would be better for Switzerland? Fucking SVP morons
Aeschi was recently defending trump, still. Disgustingly antidemocratic.
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US trade delegate Jamieson Greer has called on American companies to report unfair trade practices by partner countries, according Budliger Artieda. This applies in particular to G20 countries and states with a strongly positive trade balance with the US.
You would not expect an efficient world market to have a zero bilateral trade balance.
Say we have a world with three countries.
Country A is good at producing apples and consumes a lot of beans.
Country B is good at producing beans and consumes a lot of cherries.
Country C is good at producing cherries and consumes a lot of apples.
But no country on there should have a zero bilateral trade balance with any other country. Country A should run a deficit with B and surplus with C. B should run a deficit with C and surplus with A. C should run a deficit with A and surplus with B.
I mean A could sell apples and buy cherries from C and then sell the cherries to B and buy their beans. That would make a zero sum with both countries. Sure it results in the same end result but with more shiping cost.
I think the problem is that many people don't understand, that a deficit in trade is nothing negative, you are not losing money as a country because you are still getting products.Nobody complains, that we (as people) have a trade deficit with supermarkets, why don't they employ us at least for the money we pay in groceries!?
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These trade moves have the same implicit assumption. That US trading partners can't buy the same thing elsewhere for a cheaper price. Feels like this is a problem that solves itself.
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US trade delegate Jamieson Greer has called on American companies to report unfair trade practices by partner countries, according Budliger Artieda. This applies in particular to G20 countries and states with a strongly positive trade balance with the US.
You would not expect an efficient world market to have a zero bilateral trade balance.
Say we have a world with three countries.
Country A is good at producing apples and consumes a lot of beans.
Country B is good at producing beans and consumes a lot of cherries.
Country C is good at producing cherries and consumes a lot of apples.
But no country on there should have a zero bilateral trade balance with any other country. Country A should run a deficit with B and surplus with C. B should run a deficit with C and surplus with A. C should run a deficit with A and surplus with B.
It is actually even more stupid. If Country A invests into Country B, then Country A has a trade surplus with Country B. However it also owns the investments, which means profits from the investment in Country B should be send back to Country A.
That is exactly what happened with the US. They invest a lot abroad after WW2 and are now living of the capital they own abroad.
