Trade – The Musings of the Big Red Car https://themusingsofthebigredcar.com 53 years and 204,000 miles of business, CEO, leadership, startup, political, military wisdom Thu, 08 May 2025 16:24:56 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.11 China, Tariffs, Negotiations, And Saving Face https://themusingsofthebigredcar.com/china-tariffs-negotiations-and-saving-face/?utm_source=rss&utm_medium=rss&utm_campaign=china-tariffs-negotiations-and-saving-face Thu, 08 May 2025 16:24:56 +0000 https://themusingsofthebigredcar.com/?p=12041 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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]]> Understanding US Trade https://themusingsofthebigredcar.com/understanding-us-trade/?utm_source=rss&utm_medium=rss&utm_campaign=understanding-us-trade Mon, 16 Dec 2019 17:16:29 +0000 https://themusingsofthebigredcar.com/?p=8559 The last two weeks have been monumental in the arena of trade, but the country was too enmired in the shallow grave of impeachment to really focus on it. Three things happened:  1. The USMCA (United States Mexico Canada Agreement) was passed by the United States House of Representatives. This deal replaces NAFTA (North American […]

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]]> Tariffs, China — How They Work https://themusingsofthebigredcar.com/tariffs-china-how-they-work/?utm_source=rss&utm_medium=rss&utm_campaign=tariffs-china-how-they-work Mon, 04 Nov 2019 22:19:32 +0000 https://themusingsofthebigredcar.com/?p=8341 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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]]> Tech, Taxes, Tariffs, Trade — And French Wine https://themusingsofthebigredcar.com/tech-taxes-tariffs-trade/?utm_source=rss&utm_medium=rss&utm_campaign=tech-taxes-tariffs-trade Sun, 28 Jul 2019 19:23:10 +0000 http://themusingsofthebigredcar.com/?p=7653 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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