Post by Rich80105Post by It's A MePost by Rich80105On Mon, 7 Apr 2025 19:52:09 -0000 (UTC), Tony
Post by TonyPost by Rich80105On Mon, 7 Apr 2025 07:15:11 -0000 (UTC), Tony
Post by TonyPost by Rich80105https://norightturn.blogspot.com/2025/04/the-ideology-of-grovelling-to-trump.html
What idiocy, the government has no possible way to influence Trump. We
need to wait it out.
A tit for tat imposition of tariffs by New Zealand, possibly only to
apply to imports from the USA) could at least bring some money in. We
are too small to be significant to USA finances.
What a stupid suggestion, to do that will simply damage us and the USA
will not notice. Gee you are thick!
If the USA will not notice, we could do with a few million dollars -
already some people are avoiding buying from the USA where there is an
alternative . . ..
There is very few products sold in New Zealand that are actually made
in the USA or imported from the USA anyway.
Even if it is an American company (e.g. Apple), the product is actually
made in Asia and shipped to the local authorised distributor /
resellers, or direct to customers.
Where it is made does not necessarily coincide with whether it is
considered to be exported by a USA company - tax residency may differ.
If a Dealer in New Zealand imports a Tesla manufactured in China from
a company based in the USA, would a tariff on goods from the USA be
applicable?
That's why it becomes stupid and very messy, and companies use
loopholes to get around it.
For example, officially imported Apple product in New Zealand have
nothing to do with the USA. The product parts are made in Asia, the
products are assembled in Asia, Apple Asia then sells them to Apple
Australia, which in turn distributes them to New Zeland authorised
resellers and personal customers.
That is also why, depite the New Zealand government's blinkered
money-grabbing attempts, it is not sensible nor possible to get more
tax out of Apple - there is no "Apple New Zealand" as such. Authorised
resellers offset the wholesale purchase price as a business expense
because the products are ordered from Apple Australia. In turn, Apple
Australia offsets the purchase price as a business expense because the
products are ordered from Apple Asia. Apple Asia pays the appropriate
income tax in which ever country they are based. The same happens in
Europe, where sales are routed through Apple Ireland, so there is no
tax to pay in the UK, France, etc.
Post by Rich80105Post by It's A MeThe only real exception is probably the various car models made in the
USA, including *some* models from Ford, Toyota, Nissan, BMW, and
Mercedes Benz.
Of course, there is a lot of computer software and web-based services
that are USA based, although even then, the actual manufacturing and
servers could be almost anywhere.
https://tradingeconomics.com/new-zealand/imports/united-states
I was really only referring to the general public themselves having
very little they could avoid buying.
There are of course a lot more US products bought by NZ businesses,
including things like fully built planes as well as many parts /
ingredients used to make a full products here. But businesses tend to
go wherever the cheapest price is, so is the US price rises due to
import tarrifs, then they'll go somewhere cheaper, which isn't really
"avoiding" buying US products either, but an economic necessity to
avoid raising their own product prices.
Looking at that list, you really have to wonder why New Zealand, a
dairy country, imports so much dairy product from America. No doubt
because New Zealand ships much of their dairy products to Europe and
the remainder sold here is over-priced, that means importing dairy
products is probably cheaper. :-\