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Hey you 'muricans ... get those Swiss watches pronto [tariffs and international trade]

ErichPryde
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YY77 YY77
Only an "idiot di tutti idioti" could come up with this.::facepalm1::

Pretty sure chat GTP came up with the tariff plan. That rumor had been going around but then I saw an interview the other day where someone point blank asked one of these folks if that was the case and he laughed (hysterically, but not in the good way) to cover
 
ErichPryde
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Matt-998 Matt-998
So if all of this is a failure - why have over 50 countries entered discussions with the Orange Man to bring down their national tariffs against the US ?

Including Taiwan that will remove all tariffs ......

1744008445053.webp

As someone else essentially suggested, a good place to start would be: how many dollars do these countries that are coming to the table actually import to us? What percentage is it of our total global trade?

For example, if all the penguins come to the table to discuss the Tariff situation, it's going to have a lot less monetary value than if a country like China decides to come to the table. Or, tariff us more.

bafkreigdndguh2zrokhj2ubpftya45zcxibg4xdg3zvqsyo66b56hmjzei.webp


In all seriousness, there's an interesting history of the United States attempting to start trade Wars with tariffs (like Smoot-Hawley). Given that this is the internet and information is widely available and everyone tends to become an expert on these things when they come up, I won't share all of it here but if you haven't read about the impacts it's definitely worth it.
 
YY77
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F
ErichPryde ErichPryde
Pretty sure chat GTP came up with the tariff plan. That rumor had been going around but then I saw an interview the other day where someone point blank asked one of these folks if that was the case and he laughed (hysterically, but not in the good way) to cover
Maybe reciprocity is not a word in Chatgpt' dictionary.
 
Mark020
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Davidt Davidt
There’s a reason Ford made/makes different cars for the EU and UK, we don’t generally buy typical US cars as they’re too big, guzzle too much petrol and can’t corner properly.
I think this is indeed the main reason why there are hardly any US made cars imported in Europe
 
Dsloan
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Prices are already going up in my line of work (at least one camera manufacturer announced a 30% price hike on pre-orders).

Are my American friends excited to see $9K pricing on an 'entry level' Omega?
 
ErichPryde
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YY77 YY77
Maybe reciprocity is not a word in Chatgpt' dictionary.

I don't know, I definitely find that aspect completely and absolutely, utterly.. I don't have a sufficiently strong word for how baffling I find it. It's like kindergarten level bullying.
 
BlackTalon
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I feel like it would have a better chance of being read by the decision makers if it was written in crayon.
 
bsowers34
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BlackTalon BlackTalon
I feel like it would have a better chance of being read by the decision makers if it was written in crayon.
No, explained by Mr. Rogers.
 
kfranzk
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Hallo friends,
I am wondering, wether the tariff discussion has already impact on the performance of customs authorities??
Last week I brought a parcel headed for Milwaukee/Wisconsin to my German DHL agency.
It took 2 days to move to Frankfurt and another 4 days resting there at the customs. My thought is, they are too busy with controlling eventual exports to Russia.
On Sunday the parcel got a plane to NY and ended up in the US customs.
But now I am happy its moving by the USPS to Milwaukee, I hope not with a burden of fees to my friend.
How will this kind of private transfer work, when all these new regulations are in place.
I am just bidding on a watch in the US. I guess only the usual VAT in Germany will apply, hopefully.
How will it be in the future, when I fly over for a visit, will I have to pay for my luggage like the watch on my wrist?
What will be, in case one of you US guys buys some of my military pocket watches or other stuff. Would you have to pay some 35 or 50% on top?
Goods are goods, and tariffs apply, wether new or vintage and wherever it was formerly manufactured.
Konrad
Edited:
 
ErichPryde
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Not sure if anyone has seen it, but a statement about increased cost from Christopher Ward was running around r/rolex.
 
pdxleaf
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BlackTalon BlackTalon
I feel like it would have a better chance of being read by the decision makers if it was written in crayon.

Based on history, this is how they communicate...

Screenshot_20250408_114917_Chrome.webp
 
YY77
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kfranzk kfranzk
I am just bidding on a watch in the US. I guess only the usual VAT in Germany will apply, hopefully.

The new import duties will be applicable (currently in the Netherlands for a watch it's €0,30~€0,80)

kfranzk kfranzk
How will it be in the future, when I fly over for a visit, will I have to pay for my luggage like the watch on my wrist?

No it's a personal item.

kfranzk kfranzk
What will be, in case one of you US guys buys some of my military pocket watches or other stuff. Would you have to pay some 35 or 50% on top?

Yes if there isn't a minimum threshold.
 
BlackTalon
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kfranzk kfranzk
Hallo friends,
I am wondering, wether the tariff discussion has already impact on the performance of customs authorities??
Last week I brought a parcel headed for Milwaukee/Wisconsin to my German DHL agency.
It took 2 days to move to Frankfurt and another 4 days resting there at the customs. My thought is, they are too busy with controlling eventual exports to Russia.
On Sunday the parcel got a plane to NY and ended up in the US customs.
But now I am happy its moving by the USPS to Milwaukee, I hope not with a burden of fees to my friend.
How will this kind of private transfer work, when all these new regulations are in place.
I am just bidding on a watch in the US. I guess only the usual VAT in Germany will apply, hopefully.
How will it be in the future, when I fly over for a visit, will I have to pay for my luggage like the watch on my wrist?
What will be, in case one of you US guys buys some of my military pocket watches or other stuff. Would you have to pay some 35 or 50% on top?
Goods are goods, and tariffs apply, wether new or vintage and wherever it was formerly manufactured.
Konrad
Been hearing about backups in German customs from goods moving through Frankfurt for a while now -- a bit before tariff talks.
 
Tony C.
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~20 years ago, Warren Buffet shared some of his thoughts publicly on trade, including an interesting proposal that – surprise, surprise – seems rather more thoughtful than the one that is currently unfolding.

Buffet on trade in 2003
 
Mtek
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I read the article. Honestly, I could care less what the elite, who own like 90% of the stock market, have to say about government. I hope they continue to exit the market, find safety in bonds and hopefully lower the 10yr yield. It was going lower but today it looks like China is selling off billions of US debt and reversed.
 
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