TARIFF is like tit for tat!

 I tried to post two blog composition today but somehow didn't get published. Don't know why. Maybe there's that congested traffic through the internet highway. lol

Well, I will try today. Simply the subject for today is about "TARIFFS."

TARIFFS - taxes imposed on imported products. 

What's the benefit of tariffs? Taxes benefit the country who imposed taxes. It is a disadvantage to countries who export their goods to another country or countries. That's what you call added burden to the shipping and handling of goods, it will slow down the transaction of course. 

Tariffs are excess taxes and those taxes could end up as "revenues." It would be a lot of help for that country who imposed taxes on imports. Also it has an edge to patronize local products. Buy your own made products. I know that's impossible right? People will keep on buying imported goods no matter what because of its "name and value." Besides, it has something to do with the supply and demand.

TARIFF IS GREAT FOR AMERICANS for they will benefit from tariffs. However it is not good for CANADA and other countries.

How to deal with it? Any country could do the same thing. Tariff for tariff. Tit for tat. Ten the CONSUMERS THE VICTIMS for they wont be able to afford such products with tariffs and other taxes imposed. DOUBLE TROUBLE.

CANADA doesn't need to worry about it.  

DEAL OR NO DEAL could be the long negotiation if ever on trade & commerce. 

Time Wasted.

Caveat Emptor = Buyer's Beware

Way back many years ago when one of the former President of the Philippines tried to imposed tariffs on foreign products. All imported goods have tariffs. You know that taxes are frowned about since 18th Century during the Spaniards years of dominance. There was valid reason for that. The Spaniards want the Filipinos to pay land tax on their hacienda or their homeland. lol. That was so strange right? That was one of the reasons of the great revolution and had ousted the Spaniards and Spanish rule (500 years) from Philippines through the help of Americans. That also the beginning of Universal Language in English. Until now, Filipinos don't pay taxes only if your income reached the bracket that you earned well and gained, or businesses that gained profit. But still depends on how many children you have. They pay VAT or Valued Added Tax on imported products or when they buy or dine in at foreign establishments fast-foods or franchise. More or less, Filipinos would rather haggle. Haggling is more fun in some retail outlets in Manila.

TIME TO COOK. Menu: Steamed jazmine rice  +  pinakbet.

Just finished my laundry: bed sheets, bed cover, pillowshams, towels and clothes.

Hasta la vista! Ciao.🙌