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104% Tariff Just Announced On Chinese Imports..

Jmhai3 said:
Link with really good information
I don't know why this is so "spot on" on a craft site.
But this seems other countries (not just the US) have the same reasons and why.
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Was that written by AI? It seemed to lack any personality of the author.

Anyway, the China thing was a snowball. It started off sending stuff there because they were cheap with what amounted to slave labor and no environmental regulations. To compete with whomever did it first, everybody else started sending their manufacturing there as well. Doing so much manufacturing, China eventually got "pretty good" at it in addition to being cheap and environmentally "lax". Now that they do all the manufacturing, you have no production capability in the original home countries, because who is going to maintain factories that aren't being used?

Obviously it was a bad idea to greedily send away all manufacturing to one country to profit at the time, but that's what modern American style public corporations do, they put profit above all else unless you have laws that are enforced to the contrary.
 
What news sources are acceptable in general? Pretty much every news source is labeled as invalid by somebody else on another side these days.. we live in a world of alternate facts and "I was told there would be no fact checking." or that's not nice, you hurt my feelings.

Honestly, I'm not even sure what the point of discussing anything is. We should just bring back dueling and be done with it. It's hard to argue with an honorable duel.
 
cs1234 said:
What news sources are acceptable in general? Pretty much every news source is labeled as invalid by somebody else on another side these days.. we live in a world of alternate facts and "I was told there would be no fact checking." or that's not nice, you hurt my feelings.

Honestly, I'm not even sure what the point of discussing anything is. We should just bring back dueling and be done with it. It's hard to argue with an honorable duel.
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You are absolutely right.
 
Chispas said:
Can anybody defend or explain this claim ?
BTW the USA is a founding member of the WTO and GATT which proceeded it ? Every time an argument is made against the Trump tarrifs those who support them answer with obfuscation, insults or opinions in place of facts.
I’ve said it so many times, the USA 25% of global GDP , 32% of global investable wealth & just over 4% of global population, but you’re getting screwed?
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I know your last sentence is true, and why no one (me for sure) disputes what you are saying. except "but you're getting screwed".
Speaking for myself I personally am not getting screwed by China. I am an end consumer that has benefited, I believe most here would say the same even you.
Are small and large businesses getting screwed by China here and abroad? by having their IP stolen and then they are kicked out of the country and China now manufactures and sells the products and the original deal has been flushed down the toilet and no way to fight back. That is what I get from all this the tariffs are just a tool. Maybe I'm all wrong but it is what I keep reading and hearing is the big issue.
 
cs1234 said:
Was that written by AI? It seemed to lack any personality of the author.

Anyway, the China thing was a snowball. It started off sending stuff there because they were cheap with what amounted to slave labor and no environmental regulations. To compete with whomever did it first, everybody else started sending their manufacturing there as well. Doing so much manufacturing, China eventually got "pretty good" at it in addition to being cheap and environmentally "lax". Now that they do all the manufacturing, you have no production capability in the original home countries, because who is going to maintain factories that aren't being used?

Obviously it was a bad idea to greedily send away all manufacturing to one country to profit at the time, but that's what modern American style public corporations do, they put profit above all else unless you have laws that are enforced to the contrary.
Click to expand...


jmo.>

Yeah an old saying comes to mind - in a non judgement of morals Capitalist SOP :

Sure, we will be happy to sell you the rope to hang us with, as long as there is profit on the bottom line for today.

China has always taken the Long term View on how it proceeds, America maybe not so much. I cringed watching the national news from the 1980's on when they would feature a story on plants being shut down and all of the manufacturing equipment being sold for pennies on the dollar to foreign buyers, basically taking the whole plant- The most upsetting was in some cases the company wanting the Skilled soon to be unemployed workers to fly to another country and train the new crew how to operate and service the equipment. insult to injury.

Tariffs can work, but it takes TIME and Planning there will be pain for a while, sacrifices must be made, but they can work. My problem was always with the Tariffs are great, with no mention of time and some sacrifices on the rocky road to get there.
 
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Jmhai3 said:
I know your last sentence is true, and why no one (me for sure) disputes what you are saying. except "but you're getting screwed".
Speaking for myself I personally am not getting screwed by China. I am an end consumer that has benefited, I believe most here would say the same even you.
Are small and large businesses getting screwed by China here and abroad? by having their IP stolen and then they are kicked out of the country and China now manufactures and sells the products and the original deal has been flushed down the toilet and no way to fight back. That is what I get from all this the tariffs are just a tool. Maybe I'm all wrong but it is what I keep reading and hearing is the big issue.
Click to expand...

China has kind of turned into a big bully. I wonder where they learned that from? :ROFLMAO:
 
cs1234 said:
Was that written by AI? It seemed to lack any personality of the author.

Anyway, the China thing was a snowball. It started off sending stuff there because they were cheap with what amounted to slave labor and no environmental regulations. To compete with whomever did it first, everybody else started sending their manufacturing there as well. Doing so much manufacturing, China eventually got "pretty good" at it in addition to being cheap and environmentally "lax". Now that they do all the manufacturing, you have no production capability in the original home countries, because who is going to maintain factories that aren't being used?

Obviously it was a bad idea to greedily send away all manufacturing to one country to profit at the time, but that's what modern American style public corporations do, they put profit above all else unless you have laws that are enforced to the contrary.
Click to expand...
Not sure, but I think it does a good job for someone to get some historical information and how the process has taken place to where we are now. It didn't seem bias and appeared to be factual in its message.
Do you not agree with it?

I feel that the US (Corporations) was not the only country to take advantage of China manufacturing and not the only country that had IP stolen/manufacturing practices and process or such used against them and is now fighting or have fought to right the wrong?
I work for a Global manufacture that has businesses/manufacturing in almost every country, so I see product movement all the time (adjusting to demands even politics) this not just an America vs China thing "anymore so" than it is any other one country against China. We just happen to be the country able to do what is being done.

This is my personal opinion that is only supported by what I hear and read. I cannot support this as fact or fiction.
 
455dan said:
jmo.>

Yeah an old saying comes to mind - in a non judgement of morals Capitalist SOP :

Sure, we will be happy to sell you the rope to hang us with, as long as there is profit on the bottom line for today.

China has always taken the Long term View on how it proceeds, America maybe not so much. I cringed watching the national news from the 1980's on when they would feature a story on plants being shut down and all of the manufacturing equipment being sold for pennies on the dollar to foreign buyers, basically taking the whole plant- The most upsetting was in some cases the company wanting the Skilled soon to be unemployed workers to fly to another country and train the new crew how to operate and service the equipment. insult to injury.

Tariffs can work, but it takes TIME and Planning there will be pain for a while, sacrifices must be made, but they can work. My problem was always with the Tariffs are great, with no mention of time and some sacrifices on the rocky road to get there.
Click to expand...

Investors in America tend to look at two to three year ROI.

China looks at centuries.
 
fatjay said:
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I normally don't watch the "China Observer" YouTube channel because it's like watching MSNBC to see what the Republicans are up to!
This particular video does seem to be spot on. China's biggest problem has always been weak Domestic Spending.
When you see it in real life it's kind of surreal, everyone in a store just looks at stuff but they rarely buy it.
Your average Chinese person doesn't spend a dollar unless it's absolutely necessary.
Xi Jingping is going to find that boosting Domestic Spending at a time of crashing exports and Job losses is going to be completely impossible.
 
robby said:
I normally don't watch the "China Observer" YouTube channel because it's like watching MSNBC to see what the Republicans are up to!
This particular video does seem to be spot on. China's biggest problem has always been weak Domestic Spending.
When you see it in real life it's kind of surreal, everyone in a store just looks at stuff but they rarely buy it.
Your average Chinese person doesn't spend a dollar unless it's absolutely necessary.
Xi Jingping is going to find that boosting Domestic Spending at a time of crashing exports and Job losses is going to be completely impossible.
Click to expand...
Their governments decision to shift to domestic sales is sort of insane. Their market can't absorb the losses that we would create. Suddenly they're not exporting the products, so they want to sell them locally, why weren't they doing that from the beginning. There was no market for domestic sales.

From what I've been seeing these are mostly leisure and textile items, things that will not immediately hurt the US, especially for a good long while. I could go years without buying another article of clothing if I needed. And things like ski equipment, I'm by ski mountains, there are 3 shops locally that make these things from scratch. I've had them made, and they're not much more than off shore production.

So if it's a war to see who starves first, I think china might be at serious risk of losing that one.
 
fatjay said:
Their governments decision to shift to domestic sales is sort of insane. Their market can't absorb the losses that we would create. Suddenly they're not exporting the products, so they want to sell them locally, why weren't they doing that from the beginning. There was no market for domestic sales.

From what I've been seeing these are mostly leisure and textile items, things that will not immediately hurt the US, especially for a good long while. I could go years without buying another article of clothing if I needed. And things like ski equipment, I'm by ski mountains, there are 3 shops locally that make these things from scratch. I've had them made, and they're not much more than off shore production.

So if it's a war to see who starves first, I think china might be at serious risk of losing that one.
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And yet BYD sold 290,000 EVs in their home market Last month. ~ 5/8 of all EV sales in China are domestically produced in China.
 
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455dan said:
And yet BYD sold 290,000 EVs in their home nmarket Last month. ~ 5/8 of all EV sales in China are domestically produced in China.
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How many EV's did BYD make compared to how many are sold? The CCP is heavily subsidizing EV production so that if they're not sold, no huge loss. The CCP is not subsidizing the textile industry or entertainment industry or luxury goods industry. So you can't compare the markets.
 
"...A senior Chinese official warned Tuesday that President Donald Trump’s tariffs would backfire and that soon, “those peasants in the U.S.” would “wail in front of the 5,000 years of Chinese civilization.”

Me thinks that they're just funnin'....
 
cs1234 said:
What news sources are acceptable in general? Pretty much every news source is labeled as invalid by somebody else on another side these days.. we live in a world of alternate facts and "I was told there would be no fact checking." or that's not nice, you hurt my feelings.

Honestly, I'm not even sure what the point of discussing anything is. We should just bring back dueling and be done with it. It's hard to argue with an honorable duel.
Click to expand...
"war is the continuation of politics by other means" - Carl von Clausewitz

Agreed. Make dueling great again. Things would be resolved much faster lol
 
The Tariffs are starting to have major effects in China.
The market places where the companies show off products for global buyers is pretty much devoid of US Buyers this week.
None of the US companies will touch the products because they cannot make a Profit on them in the USA.
I am already seeing some Red out of stock messages on Amazon products. The effects of these Tariffs are soon going to become very apparent to Americans.
We will be the last to feel the pain but even if things are reversed with China we will be the last to get any relief from the Pain.
 
robby said:
I normally don't watch the "China Observer" YouTube channel because it's like watching MSNBC to see what the Republicans are up to!
This particular video does seem to be spot on. China's biggest problem has always been weak Domestic Spending.
When you see it in real life it's kind of surreal, everyone in a store just looks at stuff but they rarely buy it.
Your average Chinese person doesn't spend a dollar unless it's absolutely necessary.
Xi Jingping is going to find that boosting Domestic Spending at a time of crashing exports and Job losses is going to be completely impossible.
Click to expand...
This article gets into that. 10 to 20 million Chinese basically making stuff for Americans.

Theres a huge domestic market but they've put all their money into real estate and that bubble had popped, so people are saving what they have they aren't going to increase spending to compensate.

www.bbc.com

Trump tariffs: US orders from Chinese small businesses on hold

Stock is piling up in warehouses as exporters grapple with new levies that total up to 145%, reports the BBC's China correspondent Laura Bicker.
www.bbc.com www.bbc.com
 
fatjay said:
The real threat against the CPP is they almost had a middle class, who is going to be plunged back into poverty,
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Or worse they will become a slightly poorer version of Korea...
One should watch Parasite or squid game to get a sense of it..
 
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