Tariffs – The Musings of the Big Red Car

China, Tariffs, Negotiations, And Saving Face

Big Red Car — Thu, 08 May 2025 16:24:56 +0000

One of the unique concepts of the Asian mind is the idea of “face.” It is a stew with reputation, honor, social standing, wealth, power, dignity, moral character, and integrity being the main ingredients. One may give face, lose face, or save face and the Chinese have been focused on face for more than 5,000 […]

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Spotted Owl Soup — A Jobs Creator And Tariff Buster

Big Red Car — Tue, 22 Apr 2025 16:26:15 +0000

If you are of a certain age, you will recall the saga of the Pacific Northwest spotted owl — strix occidentalis caurina. This was the classic logging/timber/lumber v environmentalists controversy that castrated the lumber industry in the Pacific Northwest. It is an apochryphal environmental story and one that demonstrates the impact of regulation on industry […]

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Big Red Car Spotted Owl Soup — A Jobs Creator And Tariff Buster The Musings of the Big Red Car %%BLODDESCLINK%%

The Chinese Treasury Dump Boogie Man

Big Red Car — Wed, 09 Apr 2025 17:59:31 +0000

In discussions around the issue of the US – China economic relationship much has been said about the threat of the Chinese dumping their extensive portfolio of US Treasuries (bonds, bills, notes). Is it a real threat? You decide. Give me the facts, just the facts, Big Red Car OK, dear reader, here are the […]

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Non-tariff Barriers To Trade Because Tariffs Are NOT Enough

Big Red Car — Tue, 08 Apr 2025 00:40:28 +0000

If you have been following the events in the global economy since Liberation Day you have undoubtedly been confronted with many opinions as to the wisdom or folly of the actions of President Donald J Trump — the Tariff King/Emperor. Like everything in our complicated trade picture, there is far more than meets the eye. […]

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Big Red Car Non-tariff Barriers To Trade Because Tariffs Are NOT Enough The Musings of the Big Red Car %%BLODDESCLINK%%

Tariffs, A Little Context And Analysis

Big Red Car — Thu, 20 Mar 2025 13:49:52 +0000

Since President Trump’s inauguration — is it really still less than the first 100 days — there has been much talk of tariffs. Trump has threatened them, imposed them, modified them, and removed them. New concepts — such as “reciprocal” tariffs — have flooded the space. Tariffs are in play, baby. Trump 2.0 has made […]

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Trump’s Strategic Maple Syrup Reserve

Big Red Car — Wed, 05 Mar 2025 16:55:31 +0000

President Donald Trump — fresh off a boffo State of Trump World speech to the Enthusiastic Republicans and the Surly Democrats in the US Congress — announced today a Strategic Maple Syrup Reserve. Are you sure, Big Red Car? Yes, of course, dear reader, would I ever lie too you? No. Here’s the rub: […]

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Tariffs, China — How They Work

Big Red Car — Mon, 04 Nov 2019 22:19:32 +0000

Everybody I know keeps telling me that tariffs won’t work, while I continue to stumble on instance after instance in which they work just fine. Let me define what “work” means. In my definition, the USA imposes a tariff on goods made in China, thereby making US-made products more attractive, and the company who makes […]

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Tariffs — The Tariffs Are Working

Big Red Car — Tue, 03 Sep 2019 18:49:16 +0000

A lot of folks whose opinions I respect have been saying that the Trump admin tariffs against China will simply impact our lives in the form of increased prices. I have maintained otherwise. I have consistently said the imposition of tariffs will create structural changes in the way American importers source and deliver goods to […]

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Tech, Taxes, Tariffs, Trade — And French Wine

Big Red Car — Sun, 28 Jul 2019 19:23:10 +0000

France has imposed/threatened a “digital services tax” on the likes of Amazon, Apple, Facebook, and Google — all American companies. The tax is 3% of gross revenues from digital services earned in France, but only for companies with more than 25MM Euros in French revenue and 750MM Euros in worldwide gross revenue. The tax money […]

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