The Entrepreneur Forum | Startups | Entrepreneurship | Starting a Business | Motivation | Success
  • Sell-Me Saturday is Now Live!

    Have something to sell? Like to post a video from your YouTube channel? Want to promote your design service? Recommend a company? SELL-ME SATURDAY is your opportunity to self-promote whatever you'd like within the realm of entrepreneurship on one central thread... and at no cost. Go There
    Note: Indiscriminate SEO backlinking to questionable material is not allowed.
  • It's back! As an INSIDER you can now SORT any thread by LIKES. See this post for more info.
  • Join 50,000+ entrepreneurs who are earning their freedom and living their dream.

    "Fastlane" is an entrepreneur discussion forum based on The C.E.N.T.S Framework outlined in the two best-selling books by MJ DeMarco (The Millionaire Fastlane and UNSCRIPTED®). From multimillionaires to digital nomads to side hustlers who are grinding a job, the Fastlane Forum features real entrepreneurs creating real businesses with one goal in mind: Freedom— both financial and temporal.

    Download (Unscripted) Download (Millionaire Fastlane) Register
    Registering for the forum removes this block.

Relief for eBay and Amazon sellers

Walter Hay

Legendary Contributor
EPIC CONTRIBUTOR
Speedway Pass
Sep 13, 2014
2,308
9,302
2,203
World citizen
Trump moves to pull out of global postal treaty in his latest move against China. This is the headline and this is the link to CNBC: Trump to make Chinese suppliers pay higher postal rates. where you can read the whole story about a move by the Trump administration that will make it more difficult for Chinese suppliers to compete with sellers in the USA.

For years people have been wondering how Chinese suppliers can sell products, delivered to the US at ridiculously low prices with freight included. The answer is, their postal costs are subsidized by US taxpayers. That may well be about to end.

Walter
 

Don't like ads? Remove them while supporting the forum. Subscribe.

RazorCut

Legendary Contributor
EPIC CONTRIBUTOR
FASTLANE INSIDER
Read Millionaire Fastlane
I've Read UNSCRIPTED
Speedway Pass
May 3, 2014
1,689
5,598
1,296
England UK
It's about time but is it too late? I sold my eCommerce business before the bottom fell out of the market and the proliferation of cheap Chinese imports through eBay, Amazon and AliBaba completely wiped out our profits.

Makes no sense at all why a business from China pays less to ship an item almost 8000 miles than I would to send 20.
 

Tubs

SEE YOU AT THE SUMMIT!
FASTLANE INSIDER
Read Millionaire Fastlane
I've Read UNSCRIPTED
Speedway Pass
Apr 5, 2019
138
246
155
21
VA

ChrisV

Platinum Contributor
Read Millionaire Fastlane
I've Read UNSCRIPTED
Speedway Pass
May 10, 2015
2,438
4,468
1,022
Islands of Calleja
This is absurd unless he's ending subsidies for everyone. Why should the chinese have to pay higher rates just because Americans can't keep up with them. This China bullshit is ridiculous. If the Chinese make better more value for cheaper prices... oh well. This kind of thinking is pretty much the same as Affirmative Action.

But then again, this is a guy who want's to get coal miners their jobs back. While were at it, why don't we bring back the horse and carriage since all the horse breeders lost their jobs.

Trump is an enemy to capitalism and value creation.

Thoughts @Kak?
 

Kak

Who is John Galt?
EPIC CONTRIBUTOR
FASTLANE INSIDER
Read Millionaire Fastlane
Summit Attendee
Speedway Pass
Jan 23, 2011
5,415
21,701
4,554
Trump moves to pull out of global postal treaty in his latest move against China. This is the headline and this is the link to CNBC: Trump to make Chinese suppliers pay higher postal rates. where you can read the whole story about a move by the Trump administration that will make it more difficult for Chinese suppliers to compete with sellers in the USA.

For years people have been wondering how Chinese suppliers can sell products, delivered to the US at ridiculously low prices with freight included. The answer is, their postal costs are subsidized by US taxpayers. That may well be about to end.

Walter
When you subsidize something, you get more of it.

THIS is they type of negotiating tactic he should have been using all along. The thing to remember is that artificially adding cost rarely does a damn thing to help anyone on a macro level.

Although, I don't think USPS should be subsidized at all (or even exist) at least it is a step in the right direction.

My only issue is that it puts US companies on government life support. If I was still an Amazon seller I would enjoy it for what it is... Temporary.
 
Last edited:

ChrisV

Platinum Contributor
Read Millionaire Fastlane
I've Read UNSCRIPTED
Speedway Pass
May 10, 2015
2,438
4,468
1,022
Islands of Calleja
When you subsidize something, you get more of it.

THIS is they type of negotiating tactic he should have been using all along. The thing to remember is that artificially adding cost rarely does a damn thing to help anyone on a macro level.

Although, I don't think USPS should be subsidized at all (or even exist) at least it is a step in the right direction.

My only issue is that it puts US companies on government life support.
If he's just undoing previous subsidies that made it cheaper for Chinese suppliers to do business, then fine. That's fair enough. If they had an unfair advantage, and he's eliminating that unfair advantage, that's cool. But if he's giving them different treatment than other countries, that's not cool. Every country should pay the same rate.
 

Kak

Who is John Galt?
EPIC CONTRIBUTOR
FASTLANE INSIDER
Read Millionaire Fastlane
Summit Attendee
Speedway Pass
Jan 23, 2011
5,415
21,701
4,554
If he's just undoing previous subsidies that made it cheaper for Chinese suppliers to do business, then fine. That's fair enough. If they had an unfair advantage, and he's eliminating that unfair advantage, that's cool. But if he's giving them different treatment than other countries, that's not cool. Every country should pay the same rate.
I would agree. I believe free and open trade is good for our country.

The evil "TRADE DEFICIT" means NOTHING, ABSOLUTELY NOTHING to our standard of living or wealth as a nation.

In fact, manufacturing jobs ARE DOWN since the "trade war." It backfired. China was a huge consumer of US automobiles.

Does anyone know if he has gotten anywhere with the intellectual property protections?
 

Don't like ads? Remove them while supporting the forum. Subscribe.

steelandchrome

Author of The Retail Leader Book.
FASTLANE INSIDER
Read Millionaire Fastlane
I've Read UNSCRIPTED
Speedway Pass
Nov 6, 2016
385
557
258
Goodyear Az
Not a ton of news I can find since that article, these are two from this year.


 

Azure

Perpetual Motion
FASTLANE INSIDER
I've Read UNSCRIPTED
Speedway Pass
Mar 12, 2016
417
756
299
27
But then again, this is a guy who want's to get coal miners their jobs back. While were at it, why don't we bring back the horse and carriage since all the horse breeders lost their jobs.
Terrible comparison.

The "Coal is dead" rhetoric pushed by environmentalists couldn't be further from the truth.

Demand for coal is still very high in China, India, South Africa, Vietnam, Indonesia, etc.

China has been investing huge amounts of money into financing coal plants around the world through its OBOR initiative, including some in Europe.

The two biggest consumers China and India are increasing every year.

Last year China added more coal capacity to their grid than any individual US state has from all sources combined. India has had major issues developing their domestic coal programs due to infrastructure and legislative issues.

The US is in a great position to capitalize on these markets.

As someone from a country that is quite literally chopping off the hand that feeds us to appease UN environmentalist groups - I would strongly urge the US to not do the same.
 
  • Like
Reactions: Kid

Create an account or login to comment

You must be a member in order to leave a comment

Create account

Create an account on our community. It's easy!

Log in

Already have an account? Log in here.


Fastlane Insiders

View the forum AD FREE.
Private, unindexed content
Detailed process/execution threads
Monthly conference calls with doers
Ideas needing execution, more!

Join Fastlane Insiders.

Top Bottom