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other thing which may happen is that businesses would start to behave like the ones in say Russia and the likes - utilizing long opaque subsidiaries and shell c
by trhway 2y ago
other thing which may happen is that businesses would start to behave like the ones in say Russia and the likes - utilizing long opaque subsidiaries and shell corp chains, some being just a paperwork, to "manage" the tariffs . The double Dutch would look like a child play. Once such [quasi]corruption starts it would be pretty hard to wean companies off it if/when things get back normal.
- mlinhares 2y agoNah, you just pay the powers that be to exclude you from the tariffs, Apple has been excluded from the current ones. So only those that are not friends with the kleptocracy are really at risk. As for the rest of the population, it's the usual FAFO, not much to do.