#261 - Punitive tariffs and entity list!
#261 - Punitive tariffs and entity list!
Inside the conference room.
A middle-aged man with a Mediterranean hairstyle scanned the people present, then handed out a dozen or so investigation and analysis documents to everyone.
After everyone had received the documents and started reading them, he said with a solemn expression:
"This Geek Technology Company wants to develop electric cars and is preparing to build a super car factory with an annual production capacity of 5 million vehicles.
This behavior has seriously harmed our interests!"
Hearing the words of the middle-aged man with the Mediterranean hairstyle, the people present also flipped through the investigation and analysis documents in their hands.
The more they read, the more surprised they became, and their eyebrows furrowed deeply.
Because according to the analysis report in this investigation and analysis document,
it clearly stated that if Geek Technology Company was allowed to develop electric cars and build a super car factory, then gasoline cars would very likely be forced into obsolescence!
The forced obsolescence of gasoline cars is not a good thing; on the contrary, it is a super disaster.
Because they are able to maintain such a large army, so many military bases, and such high social welfare,
it is entirely because the US dollar is tied to oil, so they can frantically print US dollars and then use this money to spend around the world, making the whole world bear the consequences of inflation.
Now, if they can't continue to frantically print money and spend it, then the huge army, numerous military bases, and high social welfare will naturally be unsustainable.
The consequences of this are quite serious, so oil is almost equivalent to a lifeline, equivalent to the dragon's reverse scale!
Therefore, as they looked at the investigation and analysis report in their hands, the people present frowned deeply, and anger gradually began to brew.
"This Geek Technology Company has seriously harmed our interests.
First the mobile phone industry, then the computer industry, and now they want to enter the automotive industry.
This time, they want to dismantle our petrodollar. This Geek Technology Company is truly deserving of death!"
Minister Penny said with a face full of anger.
Obviously, Geek Technology Company had become a thorn in her side.
At this time, the middle-aged man with the Mediterranean hairstyle said in agreement:
"I don't think we can let Geek Technology Company continue to develop electric cars and let them develop freely.
I propose immediately imposing punitive tariffs on Geek Technology Company!"
Upon hearing this, someone immediately applauded and cheered:
"That's right, we should have imposed punitive tariffs on Geek Technology Company long ago.
This Geek Technology Company has earned huge profits here, but they have not left these profits in the United States.
They have not built factories here, have not made charitable donations, have not established research and development institutions here, and have not brought us more job opportunities.
They are like a group of pirates, just frantically making money from us, never thinking about leaving the money in the United States.
Instead, they transfer the money they earn to China, build factories in China, establish research and development institutions in China, and provide a large number of job opportunities to China—
this kind of behavior should be severely punished!"
Hearing this, Ms. Penny nodded slightly in agreement, believing that Geek Technology Company's behavior was indeed worthy of death.
"Keith, I'll leave the matter of punitive tariffs to you. I want to impose punitive tariffs on Geek Technology Company within a month.
So that no matter how much money they earn, they are contributing taxes to us!"
"Yes."
Punitive tariffs are actually a blatant act of public robbery.
Because there is no specific fixed number for the proportion of punitive tariffs,
it can be only a few percent,
or it can reach several hundred percent!
So no matter how much money you earn or how high your profits are, it's useless. They can completely set corresponding punitive tariffs to legally take away your profits!
And what's even more fatal is that it completely depends on their mood!
For example, if they are in a good mood, the proportion of punitive tariffs will be lower, allowing you to have 30% profit income.
If they are in a bad mood, then the proportion of punitive tariffs will be higher, leaving you with only 10% or even 5% profit income.
Even if they tear off all pretenses, punitive tariffs can be so high that you not only don't make money selling a product, but instead owe a sum of tax money!
Of course, this usually doesn't happen.
Because this would scare the sheep away or kill them. How would you continue to shear wool next?
Therefore, the proportion of punitive tariffs will reach a level that makes the enterprise very painful, but still has a certain profit and is reluctant to leave the country's market.
And at this time, Geek Technology Company is obviously going to enjoy this kind of treatment. No matter how many products Geek Technology Company sells or how high their profit income is,
once these punitive tariffs are imposed, the money they earn will be legally taken away by others through "punitive tariffs."
At that time, Geek Technology Company will either honestly accept the punitive tariffs, or directly abandon the United States market.
At this time, a middle-aged man who had not spoken all along said:
"I don't think that punitive tariffs alone are enough to stop Geek Technology Company from developing electric cars and building a super car factory, continuing to endanger our petrodollar.
After all, Geek Technology Company is an international corporation with businesses all over the world. After they can't earn much money here, it will only be a sharp drop in profit income.
With their global mobile phone, computer, and internet businesses,
they still have huge revenues to support their research and development of electric cars and the construction of a super car factory.
So, in addition to imposing punitive tariffs, I propose other strikes!"
"Tell me your suggestion."
Ms. Penny said with interest.
"Yes."
After agreeing, the man said:
"My method is to include Geek Technology Company in the Entity List, so that they have no way to purchase our equipment and instruments.
Thereby interrupting their ambition to develop electric cars and build a super car factory!"
"This suggestion is very good."
Ms. Penny said with a gleam in her eyes.
They just happen to have the right to include Geek Technology Company in the Entity List.
It's just that if they really do this, they will definitely suffer a certain reputational blow.
After all, this Entity List is now going to strike a company for the first time. This is the first time in history.
So there will definitely be a backlash from public opinion at that time, and many people, especially the people in China, will definitely scold them.
But if public opinion was useful, then this world would be peaceful and harmonious, instead of being so turbulent.
So compared to the serious consequences of Geek Technology Company developing and manufacturing electric cars to shake the petrodollar,
this Entity List, Geek Technology Company must be on it!
darknovel