Trump has got another great idea. A tax of 1.5 million dollars for each ship made in China that will dock at any American port, or 1 million if the ship is not made in china but the shipper fleet has a majority of Chinese ships.
So, off before they did like California, Panama, Louisiana, new York, those stops will increase the price of shipping by 4.5 million dollars.
Trump thinks that in this way, in a couple weeks, shipyards will reopen in the states and everyone will buy American ships. Because it takes a couple days to build an oil tanker
Result:
They’ll just unload the goods in Canada or Mexico then use trains/trucks. For oil and coal and wheat and other stuff that can’t be easily transported by land without ax existing infrastructure, that’s an additional 20% cost on top of tariffs. Inflation go go go
Yeah Trump wants the US to be a great shipbuilder again… but for that you need materials (steel), workers who want to do that sort of job( he’s deporting a lot of people) and skill to manufacture ships…
He thinks by taxing countries or companies, they will go to the US, but they won’t, and if they do it takes time and a lot of investment…
Trump has got another great idea. A tax of 1.5 million dollars for each ship made in China that will dock at any American port, or 1 million if the ship is not made in china but the shipper fleet has a majority of Chinese ships.
So, off before they did like California, Panama, Louisiana, new York, those stops will increase the price of shipping by 4.5 million dollars.
Trump thinks that in this way, in a couple weeks, shipyards will reopen in the states and everyone will buy American ships. Because it takes a couple days to build an oil tanker
Result:
They’ll just unload the goods in Canada or Mexico then use trains/trucks. For oil and coal and wheat and other stuff that can’t be easily transported by land without ax existing infrastructure, that’s an additional 20% cost on top of tariffs. Inflation go go go
Yeah Trump wants the US to be a great shipbuilder again… but for that you need materials (steel), workers who want to do that sort of job( he’s deporting a lot of people) and skill to manufacture ships…
He thinks by taxing countries or companies, they will go to the US, but they won’t, and if they do it takes time and a lot of investment…