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Free registration at the forum removes this block.Your video doesn’t make any sense to me. Basically you are saying just import from another company that is cheaper. Well you can do this whether or not there is or is not a tariff on China as a competitive advantage.
What if instead of the tariff of being a country specific tariff it becomes a product specific tariff. So you’re specific widget is taxed at 25% no matter what country it is made. Then Kak’s video applies and the product price goes up.
Personally I’m staying with China. I’ve got a good setup there and can wait this out.
Depending on the item it may also be wise to finish it off in certain countries. I.E build 70% in China, ship to Vietnam, buy some materials and finish assembly. Ship onwards with a Vietnamese Country of OriginBy switching, in most scenarios suddenly you have the same price, but no tax, therefore making the product cheaper and giving you a huge competitive advantage.
Depending on the item it may also be wise to finish it off in certain countries. I.E build 70% in China, ship to Vietnam, buy some materials and finish assembly. Ship onwards with a Vietnamese Country of Origin
This is especially true when we understand that China tends to take the long view. A few months, even four more years, means nothing to them but time. For most American's that is forever.So why bother when they can just delay, delay, delay...
Does DJT not realize, or not care, that the huge taxes/tariffs he's collecting are coming from the tax payers? As has been clearly stated, tariffs are nothing more than a tax. China is not paying the tariff, the consumer is. In some cases the USG offsets the tariffs - farm products - to avoid hurting an industry. But all that does is create more federal debt which is paid by more taxes. In most cases, the consumer must decide - especially with the latest round which will hit mostly consumer goods.Should I assume he likes tariffs yet?
Does DJT not realize, or not care, that the huge taxes/tariffs he's collecting are coming from the tax payers? As has been clearly stated, tariffs are nothing more than a tax. China is not paying the tariff, the consumer is. In some cases the USG offsets the tariffs - farm products - to avoid hurting an industry. But all that does is create more federal debt which is paid by more taxes. In most cases, the consumer must decide - especially with the latest round which will hit mostly consumer goods.
The other question is what is the way out? It appears negotiations aren't exactly going well. Maybe some folks in the US and Chinese governments need to have a chat with Chris Voss?
I just hope the US-China conflict doesn't lead up to an actual armed conflict that endangers world peace.
The problem is DJT is an idiot
Now tariffs have popped in for Mexico and India...It won't, even he's not that mad.
The problem is 90% of government employees, from top to bottom, are fully incompetent.The problem is DJT is an idiot
...and the other 10% have no incentive to give a damn.The problem is 90% of government employees, from top to bottom, are fully incompetent.
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