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7 comment(s). Last comment by mjlee 2016-12-05 21:11
Posted by calvintaneng > 2016-12-05 08:57 | Report Abuse
supersaiyan3
Where got U.S. companies listed on bursa?
05/12/2016 03:48
The idea is this:
Donald Trump wants to create jobs for those jobless White Americans in the Rust Belt who voted him into power.
Donald promises in the Election were:
1) Get Jobs Creation for these Americans
2) To do so he will tell US factories not to shift production oversea for cheaper cost.
3) Those US Factories that insist on going oversea and export back to US wil now face 35% tariff
4) As a consequence all foreign imports which compete against high priced US manufactures might face import taxes. This is to protect inefficient, high cost products. So for China Trump said he will impose 45% taxes. Then by the same token he might impose taxes on all other countries - including Malaysia.
5) As such Malaysia Companies that export products to the US might also face taxes.
This is most unfortunate due to the shift of direction in US's Leadership to take care of their own interest first. Although this will back fire when other countries will also raise tariff for US exports.
6) So that's why Calvin thinks Malaysian Exporting Companies might be hit.
Posted by calvintaneng > 2016-12-05 09:06 | Report Abuse
The Main Points in Trump Campaign which hit home were
1) Get jobs on American soil by American workers.
2) So get US factories to stay in the US.
3) For those US factories that have moved offshore. They are encouraged to return to the US. Tax incentives will be given.
4) Those who refused but insist on shifting production oversea and then re export products back to the US will now face 35% taxes.
5) For China Trump promised to tax as high as 45%
6) For the CASH HOARD ($Trillion) deposited oversea due to US high tax, will now get a reprieve - only a one off 10% tax only.
7) Trump also promised $1 Trillion capital expenditure for infrar works in the US.
8) All these points to American interest first and foremost. As the signs emanating from US is so clear - better avoid export stocks to US until there is further clarity.
Posted by aidwiz > 2016-12-05 16:47 | Report Abuse
and how long will it takes to complete 1 to 8?
Posted by firehawk > 2016-12-05 16:58 | Report Abuse
very exciting to see how would the new things going on ... :)
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Why all plantation companies will continue to report more profit - Koon Yew Yin
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supersaiyan3
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Posted by supersaiyan3 > 2016-12-05 03:48 | Report Abuse
Where got U.S. companies listed on bursa?