Comments by "Valen Ron" (@valenrn8657) on "serpentza"
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Kimmel Black
https://global.handelsblatt.com/politics/trump-may-point-eu-tariffs-ifo-says-899083
“The EU is by no means the paradise for free traders that it likes to think,” said Gabriel Felbermayr, director of the ifo Center for International Economics, a division of the Munich-based ifo Institute. The European Union actually comes off as the bigger offender when compared to the US, he added. The unweighted average EU customs duty is 5.2 percent, versus the US rate of 3.5 percent, according to ifo’s database.
So when Mr. Trump complains of “massive tariffs” he is not that far off the mark in several cases. And he does complain. “If the EU wants to further increase their already massive tariffs and barriers on US companies doing business there, we will simply apply a tax on their cars, which freely pour into the US,” the president tweeted earlier this month. “They make it impossible for our cars (and more) to sell there. Big trade imbalance!”
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In fact it wasn’t even Mr. Trump who first broke off negotiations over a US-EU free trade deal known as the Transatlantic Trade and Investment Partnership (TTIP), the German economist noted. It was actually the EU that put the unpopular talks “on ice” ahead of elections in France and Germany.
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@shoujofanatic Elon Musk's business direction has expanded factories with large geopolitical clout e.g. USA (USMCA), Germany (EU), and China.
Gigafactory may specifically refer to the following Tesla factories:
Gigafactory 1 (officially named Giga Nevada) in Storey County, Nevada, U.S (USMCA member).
Gigafactory 2 (officially named Giga New York), in Buffalo, New York, U.S (USMCA member).
Gigafactory 3 (officially named Giga Shanghai), in Pudong, Shanghai, China
Gigafactory 4 (officially named Giga Berlin), in Grünheide, state of Brandenburg (near Berlin), Germany (EU member)
Gigafactory 5 (officially named Giga Texas), in Austin, Texas, U.S (USMCA member).
Gigafactory 6 (officially named Giga Mexico), in Santa Catarina (near Monterrey), Nuevo Leon, Mexico (USMCA member).
Tesla has other factories that are lesser than the Gigafactory category e.g.
Tesla Fremont Factory, Fremont, California, USA
Tesla European Distribution Centre (European parts and services headquarters) in Tilburg, Netherlands, EU.
Megafactory, Lathrop, California, USA.
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@efg1605 >Thats just an excuse to invade countries and exploit them
Iraq's top oil exports countries from Jan to Jun 2020
1st, China! 29 million tonnes <------- CHINA!
2nd, India, 23 million tonnes
3rd, EU, 8 million tonnes
4th, South Korea, 6 million tonnes
5th, Turkey, 4 million tonnes with an upwards trend
5th, USA, 4 million tonnes with a downwards trend
Your knowledge is obsolete.
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@jont2576 Trump is correct on the EU's higher tariffs when compared to the US.
It's a no-brainer when countries and advocates want to impose reciprocal investment and trade restrictions.
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China's Negative List 2020
Category 1: Agriculture, forestry, animal husbandry, fisheries
1. The proportion of Chinese companies in the selection and seed production of new varieties of wheat should not be less than 34%. Chinese companies must have a controlling stake in the selection and seed production of new varieties of corn.
2. Investment in the development, breeding, cultivation, and production of related reproductive materials (including the good genes of the cultivation, animal husbandry, and aquaculture industries) of rare and unique Chinese varieties is prohibited.
3. It is prohibited to invest in the selection and breeding of genetically modified varieties of crops, livestock and poultry, and the production of genetically modified seeds (seedlings).
4. It is forbidden to invest in the fishing of aquatic products in the sea areas under China’s jurisdiction and inland waters.
Category 2: Mining
5. Investment in rare earth, radioactive minerals, tungsten exploration, mining, and mineral processing is prohibited.
Category 3: Manufacturing
6. Chinese companies must have a controlling stake in the publishing & printing industry.
7. It is prohibited to invest in the application of traditional Chinese medicinal decoction pieces, such as steaming, frying, roasting and calcining, etc. It is prohibited to invest in the production of traditional Chinese medicine confidential prescription products.
8. The Chinese share of vehicle manufacturing companies should not be less not than 50%, except for the special and new energy vehicles, commercial vehicles. (In 2022 the restriction of foreign share ratio in passenger car manufacturing and the restriction of the same foreign company can establish two or fewer joint ventures in China to produce similar vehicle products will be removed.)
9. It is prohibited to invest in satellite TV broadcast ground receiving facilities and key parts production.
Category 4: Electricity, heat, gas and water production and supply
10. Chinese companies must have a controlling stake in the construction and operation of nuclear power plants.
Category 5: Wholesale and retail
11. It is prohibited to invest in the wholesale and retail of tobacco leaves, cigarettes, re-baked tobacco leaves, and other tobacco products.
Category 6: Transport, warehousing, and postal services
12. It is required that Chinese companies have a controlling stake in domestic water transport.
13. Chinese public air transport enterprises shall be controlled by the Chinese side and if the proportion of investment by a foreign investor and its affiliated enterprises shall not exceed 25%, the legal representative shall be a Chinese citizen. The legal representative of General airlines must be a Chinese citizen, of which agriculture, forestry, and fisheries airlines shall be limited to joint ventures and other general-purpose airlines shall be limited to Chinese holdings.
14. Chinese companies must have a controlling stake in the construction and operation of civil airports.
15. It is prohibited to invest in the domestic express services provided by postal companies (and to operate postal services) and letters.
Category 7: Information transmission, software, and information technology services
16. Pursuant to China’s commitment to open the telecommunication sector to foreign investment, companies may have a value-added telecommunications business with no more than 50% of the shares belonging to foreign companies (except e-commerce, domestic multi-party communications, storage and forwarding categories, call centers). The basic telecommunications business must be controlled by the Chinese partner.
17. It is prohibited to invest in Internet news information services, internet publishing services, network audio-visual program services, Internet cultural operation (except music), and Internet public information services (except for the contents already opened in China’s WTO accession commitments).
Category 8: Leasing and business services
18. It is prohibited to invest in Chinese legal affairs (except for information on the environmental impact of Chinese law), it is prohibited to be partners of domestic law firms.
19. Market research is limited to joint ventures company, and involving radio and television listening and viewing surveys is limited to joint ventures in which the Chinese company owns a controlling stake.
20. Investment in social surveys is prohibited.
Category 9: Scientific research and technology services
21. Investment in human stem cells, gene diagnosis, and therapeutic technology development and application are prohibited.
22. Investment in humanities and social science research institutions is prohibited.
23. It is prohibited to invest in geodesy, marine mapping, surveying and aerial photography, ground movement surveys, administrative area boundary mapping, topographic maps, maps of world political areas, maps of national political areas, maps of provincial and below political areas, national teaching maps, local teaching maps, true 3D maps and navigational electronic maps, regional geological mapping, mineral geology, geophysics, geochemistry, hydrogeology, environmental geology, geological disasters, remote sensing geology, etc. (Mining owner which working within the scope of mining rights is not restricted by this special management measure.)
Category 10: Education
24. Pre-school, ordinary high schools, and higher education institutions are limited to Sino-foreign cooperative running of schools and shall be controlled by the Chinese side (the principal or principal administrative officer shall have Chinese nationality and live in China. Board members should be Chinese, and the board of directors or joint management committee shall not have a ratio of less than 1/2.
25. Investment in compulsory education institutions and religious educational institutions is prohibited.
Category 11: Health and social work
26. Medical institutions are limited to joint ventures and cooperation.
Category 12: Culture, sports, and entertainment
27. Investment in news organizations (including but not limited to news agencies) is prohibited.
28. Investment in the editing, publication, and production of books, newspapers, periodicals, audio-visual products, and electronic publications is prohibited.
29. It is prohibited to invest in radio stations, television stations, radio and television channels, radio and television transmission coverage networks, and related infrastructure(Launch station, relay station, radio, and television satellite, satellite uplink station, satellite receiving, and transferring station, microwave station, monitoring station, and cable radio and television transmission coverage network, etc.). It is prohibited to engage in radio and television video-on-demand services and to install services at satellite television broadcast ground receiving facilities.
30. It is prohibited to invest in the production and operation of radio and television programs (including the introduction of business) companies.
31. It is prohibited to invest in film production companies, distribution companies, cinema chains companies, and film introduction business.
32. Auction companies, cultural relics stores, and state-owned cultural relics museums prohibit investment in auctions of cultural relics.
33. Investment in performing arts groups is prohibited.
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