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BaldBastard · 12-08-2018, 07:59 PM

Its great if you live out of the USA and make income in the USA!!!

This means if your in China and your selling to the USA, your now making about $1.15 per $1.00 sale compared to start of year.... Let that one sink in.

So AWESOME FOR THE CHINEASE

Of course if your living in America.. it sucks, Because lets say your selling to China and at start of year your product sold for $1.00... its Now $1.15 for you to make the same profit, and unless you have a unique market your most likely going to have to sell for $.085 cents... for it to cost $1 in China again

This kills Exports and Cheapens Imports.

Of course you can counter that with a tariff, so those in the USA don't really see any price change, you get the discount cos dollars up countered by tariff tax... that the American consumer pays. so price same same.

Go Trump?

12-08-2018, 07:59 PM
BaldBastard Too lazy to set a custom title Industry Role: Join Date: Jan 2001 Location: Sydney Posts: 15,928	Its great if you live out of the USA and make income in the USA!!! This means if your in China and your selling to the USA, your now making about $1.15 per $1.00 sale compared to start of year.... Let that one sink in. So AWESOME FOR THE CHINEASE Of course if your living in America.. it sucks, Because lets say your selling to China and at start of year your product sold for $1.00... its Now $1.15 for you to make the same profit, and unless you have a unique market your most likely going to have to sell for $.085 cents... for it to cost $1 in China again This kills Exports and Cheapens Imports. Of course you can counter that with a tariff, so those in the USA don't really see any price change, you get the discount cos dollars up countered by tariff tax... that the American consumer pays. so price same same. Go Trump?