▲ 312 ▼ Trump vows to match Canada’s retaliatory tariffs ‘immediately.’ Live trade war updates here. (www.ctvnews.ca) submitted 1 year ago by cm0002@lemmy.world to c/world@lemmy.world 41 comments fedilink hide all child comments
[–] Yodan@lemm.ee 34 points 1 year ago (1 child) Btw this is to make Russia our new and exclusive trading partner permalink fedilink source hideshow 2 child comments replies: [–] ShittyBeatlesFCPres@lemmy.world 24 points 1 year ago (1 child) Russia doesn’t really produce anything except things U.S. companies export or can easily source elsewhere. And like half of their next generation emigrated or died trying to take 20 more meters of Eastern Ukrainian villages. I don’t expect any great scientific advancements coming anytime soon. I’m not sure how that trade relationship would even work. Trade deals only work if the private sector is involved and the U.S. private sector doesn’t want Russian products or to investment in a place where there’s no rule of law. permalink fedilink source parent hideshow 2 child comments replies: [+] kablammy@sh.itjust.works 6 points 1 year ago (1 child) [deleted] permalink fedilink source parent hideshow 2 child comments replies: [–] ShittyBeatlesFCPres@lemmy.world 2 points 1 year ago Delaware and the Cayman Islands have sort of morphed over time from tax havens to places that have professional, efficient, and fair courts for corporation v corporation situations. Not saying that’s good. I think it’s trash, actually. But there’s now legitimate reasons two equal corporations doing something without any tax implications whatsoever write contracts with each other agreeing the contracts will fall under one of those two jurisdictions. Every corporate lawyer can probably back me up. They went from shameful tax havens to just efficient places with expertise. permalink fedilink source parent
[–] ShittyBeatlesFCPres@lemmy.world 24 points 1 year ago (1 child) Russia doesn’t really produce anything except things U.S. companies export or can easily source elsewhere. And like half of their next generation emigrated or died trying to take 20 more meters of Eastern Ukrainian villages. I don’t expect any great scientific advancements coming anytime soon. I’m not sure how that trade relationship would even work. Trade deals only work if the private sector is involved and the U.S. private sector doesn’t want Russian products or to investment in a place where there’s no rule of law. permalink fedilink source parent hideshow 2 child comments replies: [+] kablammy@sh.itjust.works 6 points 1 year ago (1 child) [deleted] permalink fedilink source parent hideshow 2 child comments replies: [–] ShittyBeatlesFCPres@lemmy.world 2 points 1 year ago Delaware and the Cayman Islands have sort of morphed over time from tax havens to places that have professional, efficient, and fair courts for corporation v corporation situations. Not saying that’s good. I think it’s trash, actually. But there’s now legitimate reasons two equal corporations doing something without any tax implications whatsoever write contracts with each other agreeing the contracts will fall under one of those two jurisdictions. Every corporate lawyer can probably back me up. They went from shameful tax havens to just efficient places with expertise. permalink fedilink source parent
[+] kablammy@sh.itjust.works 6 points 1 year ago (1 child) [deleted] permalink fedilink source parent hideshow 2 child comments replies: [–] ShittyBeatlesFCPres@lemmy.world 2 points 1 year ago Delaware and the Cayman Islands have sort of morphed over time from tax havens to places that have professional, efficient, and fair courts for corporation v corporation situations. Not saying that’s good. I think it’s trash, actually. But there’s now legitimate reasons two equal corporations doing something without any tax implications whatsoever write contracts with each other agreeing the contracts will fall under one of those two jurisdictions. Every corporate lawyer can probably back me up. They went from shameful tax havens to just efficient places with expertise. permalink fedilink source parent
[–] ShittyBeatlesFCPres@lemmy.world 2 points 1 year ago Delaware and the Cayman Islands have sort of morphed over time from tax havens to places that have professional, efficient, and fair courts for corporation v corporation situations. Not saying that’s good. I think it’s trash, actually. But there’s now legitimate reasons two equal corporations doing something without any tax implications whatsoever write contracts with each other agreeing the contracts will fall under one of those two jurisdictions. Every corporate lawyer can probably back me up. They went from shameful tax havens to just efficient places with expertise. permalink fedilink source parent