Going to Vietnam, Thailand is confused about building factories.
分析师舒琴
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🤡Here's a joke, Trump wanted to give America a shock therapy, and as a result, he really shocked America.
Just today, American car giant Stellantis announced the closure of its plant in Mexico and the layoff of 900 American workers, citing increased tariffs from Mexico, reduced profits, and the inability to sustain employees. Consequently, American company employees are also being laid off.
This understanding king is really a genius, the tariff increase is calculated based on export value, not actual tariffs. Vietnam's tariff on the U.S. is 10%, but the U.S. directly raised it to 49%, and even asked Vietnam to thank the U.S. for halving the tariff, because the U.S. initially wanted to increase it by 90%.
Vietnam reduced the tariff to the U.S. from 9% to 0, but it can't offset this 49% increase. The only way is for Vietnam to crazily buy American goods, purchasing enough American goods worth 100 billion dollars every year to lower the tariffs. But here’s the problem, Vietnam's annual GDP is only 400 billion, can they afford 100 billion worth of goods? Will they stop eating? 🤣
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