r/WallStreetbetsELITE 2d ago

MEME Check out the big brain on Brad

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14.5k Upvotes

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u/MarketsAreLife 2d ago

He put a Tariff on the island so countries can't use it to circumvent their own Tariffs, or at least I'm assuming. For example: China could set up a corporation there, and then use the island as the country of origin to reduce their tariffs.

It's also possible nobody fucking researched anything and there are that dumb. Who knows.

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u/Mecanno 2d ago edited 2d ago

That’s not how it works. You can’t just bypass country of origin rules. Customs authorities require detailed documentation to prove where a product is made, including bills of materials, manufacturing records, certificates of origin, and clear descriptions of the factory location and processes performed. That’s what determines the country of origin. Basic processes like repackaging, sorting, or simple assembly don’t change that. If someone wants to claim a different country of origin, they’d have to shift substantial manufacturing operations, and even source raw materials locally. It’s not something that can be faked or worked around easily.

It is in fact idiotic to tariff penguins. It just shows how poorly thought out the whole plan was.

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u/MarketsAreLife 2d ago

And also, China was just recently fined for faking the country of origin through Combodia. 

Just google, Can Country of origin be faked.

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u/Mecanno 2d ago

There are people in Cambodia tho.

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u/MarketsAreLife 2d ago

Boom. There you go: https://dataweb.usitc.gov/trade/search/Import/HTS

Go there and search for imports from those islands if my link doesnt work.

2019 shows 163,000 imports using the island as the country of origin.

Every year has a record with imports. 2018 has 96,000.

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u/yosl 2d ago

data entry errors. https://archive.ph/8egGW

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u/Mecanno 2d ago

Citation: “Investigations suggest that such data may result from mislabelled shipments or clerical errors, leading to the erroneous attribution of exports to HIMI. For instance, shipments originating from other locations might have been incorrectly documented as coming from these uninhabited islands. Consequently, while records indicate exports from Heard Island and McDonald Islands, these are likely inaccuracies rather than reflections of actual trade activity.”

https://www.theguardian.com/australia-news/2025/apr/04/revealed-how-trump-tariffs-slugged-norfolk-island-and-uninhabited-heard-and-mcdonald-islands?

There are a lot of sources, articles and shit explaing It but I dont care that much and I dont want to keep fighting with a random guy. Peace

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u/MarketsAreLife 2d ago

Yea because your narrative basically got rekt.

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u/MarketsAreLife 2d ago

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u/sloany84 1d ago

Bad data? There is literally no infrastructure on the islands to support import/export of goods and is one of the most remote places on earth, no ones sending goods that way.

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u/awe2D2 2d ago

Ok, and in your example they were caught and fined. What should be happening when caught breaking the law. And then sanction or tariff the offender.

The solution for stopping crime isn't to break all trade agreements, tariff nearly everyone, drive up costs for your own citizens, while cutting staff at all the agencies that investigate and regulate, while cutting services for the poor, so that they can justify tax cuts for the super rich. All this plan does is create chaos, hurt poor and middle class people, anger all your allies and concentrate wealth even more. And you'd rather have this than the chance that some countries are shipping illegally or getting a better deal on a trade agreement?

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u/alex206 2d ago

It's spelt Cumbodia

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u/OGZ43 2d ago

Mr. MarketsAreLife - are you more into import or export?

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u/MarketsAreLife 2d ago

Conversations over. I got the smoking gun. 

USITC shows imports from the islands. 164,000 in 2019 alone.

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u/MarketsAreLife 2d ago

Everything you just said can be faked. How do you think gun running works?