U.S. President Donald Trump has unleashed tariffs against Canada today, setting in motion a trade war between two countries with deeply linked economies, jeopardizing jobs and likely raising consumer prices on both sides of the border.
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.
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.
Btw this is to make Russia our new and exclusive trading partner
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.
Like USA?
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.