What does a TRUMP presidency look like?

[Admiral Yi]

CNBC will.  And the WSJ.

[Syt]

[Grey Fox]

Ok, Jan.

[HVC]

CNBC will.  And the WSJ.

will the average conservative voter read or watch those?

[Syt]

Also, European Union is "a country."

[Grey Fox]

Also, European Union is "a country."

and Canada is also back to being a country. Improvement.

[The Minsky Moment]

I don't understand how US tariffs on Canada and the EU help protect the UK?

[Tonitrus]

How do they argue VAT which applies to all goods foreign and domestic is a tariff or disadvantages them vis-a-vis EU companies?

It is dumb.  I expect the EU to argue that every US state with a sales tax has an unfair tariff.

[crazy canuck]

The world is headed toward a full blown tariff war with the US.  I think I like Spanish oranges better anyway.

[PJL]

The world is headed toward a full blown tariff war with the US.  I think I like Spanish oranges better anyway.

Well a nice side effect of this is that's increasing the value of the pound relative to the dollar. So that will at least help moderate price increases caused by the tariffs.

[The Minsky Moment]

How do they argue VAT which applies to all goods foreign and domestic is a tariff or disadvantages them vis-a-vis EU companies?

The issue is not the VAT but the VAT rebate.

A car exported from Europe into the US bears no tax burden other than the sales tax (and other taxes) imposed on a final sale of the car in the US.
A car domestically produced and sold in the US may include "imbedded" sales taxes paid on intermediate goods purchased in the US because US sales taxes are not value added.
How much impact is there from this?  Unclear - depends on to what extent any intermediate goods incorporated into a car pay sales tax and at what rate.  But given the average US sales tax rate of 5%, it is unlikely to be above the existing 2.5% tariff rate.

[Baron von Schtinkenbutt]

More detailed explanation of Minsky's point.

[Zoupa]

Are you tired of so much winning yet?

[Valmy]

Are you tired of so much winning yet?

Looks bad. What does it mean? What kind of booking are we talking about?

[The Brain]

Suspected fentanyl smugglers.