US blacklists Switzerland for "unfair trade"
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I mean sure, why the fuck not? Who's left at this point?
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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.
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I guess they just didn't like the trade deficit because they think it means "losing"
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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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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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-"Trade deficit went down 50%!!"
(Trade went down 60%)
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Though the US has always had a certain tendency to act similarly after WW2 ...
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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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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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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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Aeschi was recently defending trump, still. Disgustingly antidemocratic.
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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!?