godrilla
Posts: 1,852 +1,284
Inflation is on a downward trajectory. Quickly panic buy something cheap the way they want you to.
Trump's 125% tariffs hit Chinese Amazon sellers hard, forcing them to raise prices or quit the US
- Thread starter midian182
- Start date
godrilla
Posts: 1,852 +1,284
Update don't blink Tarrifs on China now up by 145%
Tariffs on China Reach 145 Percent After Latest Increase, White House Clarifies https://link.theepochtimes.com/mkt_...e-house-clarifies-5839809?utm_source=andshare
Tariffs on China Reach 145 Percent After Latest Increase, White House Clarifies https://link.theepochtimes.com/mkt_...e-house-clarifies-5839809?utm_source=andshare
kiwigraeme
Posts: 2,747 +2,032
I wonder how all the supposedly american products will be made now for cheaper given even tesla has parts made in China
Gee as mentioned above who can take the pain most?
Hollywood,Disney , iPhone, Pork , Soya, Corn - short term returns down for shareholders etc etc etc etc
Than a very nationalistic country used to suffering - See sanctions on Russians
Add in rest of the world effect. I'm not the only one that s stopping likes of Netflix , actively not buying USA products
Least Maga insiders made 500 Million inside trading the other day , draining the money swamp
Trump made a nice 1 million from Jenson-Nvidia to remove an export ban H20
Gee I wonder how the shakedown of 100% on TSMC will go down . Not like USA companies need the best nodes
F USA , F the Yankee Doodle Pony you rode in on
To the Mods - yes strong language can delete - but seems many Americans live in a bubble of illusion and I feel only strong words can get through
USA approval is tanking EVERYWHERE = art of the deal - my foot talk to any salesperson fostering long-term business relationships
I don't think MAGA understand the disgust the rest of the world has for the USA now
Calling us peasants , saying we will grovel and kiss your POTUS a** ( that may be very acceptable and normal to you americans, but it's not for us )
Saying our deaths and contributions in your conflicts mean nothing . Korea, Vietnam, Iraq, Afghanistan etc
Do you really think insulting us , treating us with contempt and laughing and joyous comments gloating about it - We can F you over canada , greenland , Europe where would you be with out us and other BS
What you going to give us to stop bullying you ?
Have you noted not ONCE has any known MAGA on here criticised anything about Trump - don't you think that is weird they can't even criticise Trump say insulting allies, grifting , acting like he owns the Oval office and not taxpayers
If the MAGA here can never criticise Trump then they are not in a discussion they are in a cult
Gee as mentioned above who can take the pain most?
Hollywood,Disney , iPhone, Pork , Soya, Corn - short term returns down for shareholders etc etc etc etc
Than a very nationalistic country used to suffering - See sanctions on Russians
Add in rest of the world effect. I'm not the only one that s stopping likes of Netflix , actively not buying USA products
Least Maga insiders made 500 Million inside trading the other day , draining the money swamp
Trump made a nice 1 million from Jenson-Nvidia to remove an export ban H20
Gee I wonder how the shakedown of 100% on TSMC will go down . Not like USA companies need the best nodes
F USA , F the Yankee Doodle Pony you rode in on
To the Mods - yes strong language can delete - but seems many Americans live in a bubble of illusion and I feel only strong words can get through
USA approval is tanking EVERYWHERE = art of the deal - my foot talk to any salesperson fostering long-term business relationships
I don't think MAGA understand the disgust the rest of the world has for the USA now
Calling us peasants , saying we will grovel and kiss your POTUS a** ( that may be very acceptable and normal to you americans, but it's not for us )
Saying our deaths and contributions in your conflicts mean nothing . Korea, Vietnam, Iraq, Afghanistan etc
Do you really think insulting us , treating us with contempt and laughing and joyous comments gloating about it - We can F you over canada , greenland , Europe where would you be with out us and other BS
What you going to give us to stop bullying you ?
Have you noted not ONCE has any known MAGA on here criticised anything about Trump - don't you think that is weird they can't even criticise Trump say insulting allies, grifting , acting like he owns the Oval office and not taxpayers
If the MAGA here can never criticise Trump then they are not in a discussion they are in a cult
NotYourITguy
Posts: 78 +181
An America first agenda is extremely popular right now. Whether or not the true actions really are or not doesn't matter. It's the fact that no democrat is willing to stand up and actively promote American values like capitalism, guns, and a boldness to do what nobody else believes possible.
American culture is not built on being offended by pronouns and being taxed to death so that politicians can still do absolutely nothing useful with ever higher taxes being paid. Just one more tax. Just one more will solve xyz. Lol, no it won't. It'll do nothing and cost actual normal people more of their lives.
They've been ripping us off by selling us stuff cheaper?
1) That's the exact oppositive of ripping us off.
2) Americans voluntarily bought this stuff. No one made them. That's how freedom in a free society works.
Northy
Posts: 400 +176
But they haven't been doing it on a level playing field. They have continually deliberately devalued their currency, stolen IP and used conditions akin to slavery to "win" at this game. Mom and Pop choosing the cheap Chinese one over the quality US one is a given, people always look out for #1 without really realizing the implications for their society and how they are actually shortchanging themselves in the long run.
So maybe not "ripping off", but the Chinese certainly have been cheating, and doing it for a long time.
"能骗就骗" - It's a popular phrase.
It's a well known fact that not only does China utilize sweatshop/slave labor in their manufacturing, but also that the CCP heavily subsidizes their manufacturing in an effort to undercut their competition in the global market. It's safe to say that any time a government is THIS involved, they are certainly NOT interested in free market competition potentially killing their efforts. While I personally prefer a free market, that just isn't today's dichotomy. It's the developed world as a disorganized, highly regulated semi-global marketplace, vs the full force of the CCP with its obvious global dominance agenda.
I'm constantly surprised by all the lefty China-stans who decry terrible/exploitative working environments (unless it's an illegal doing the work for less than minimum wage, they're totally OK with that) and who also hate the idea of big businesses coming before the taxpayer (although they love defending big pharma's legal immunities against RFK Jr for some reason). It's probably consumerism. "MUST CONSOOM" the China-stans say. "MUST BUY PLASTIC JUNK OFF AMAZON AND TEMU AND ALIBABA".
This too. Western society has truly brought itself to the edge of extinction due to naivety and sensitivity. Other less woke countries are watching us in sheer bewilderment as we allow the Chinese access to our universities and essentially free reign over our Intellectual Property. India for example has no problem kicking the Chinese out, and yet for some reason, we just can't help ourselves, and then get shocked when that snake bites. But at the end of it all it undeniably boils down to one thing: US Imperialism vs the Totalitarianism of the CCP. And the TDS crowd will shriek and wail and gnash at their teeth (and do anything but argue), but it's the US or the CCP. That's what happens when two dominance-motivated adversaries cross. Granted, a large number of the TDS crowd are rooting for our adversaries at this point.
Devaluing their currency hurts them not us. And their labor isn't nearly as cheap anymore. Companies go elsewhere for that they use China for the areas they are good enough for their medium labor cost. IP is an issue but tariffs don't fix that.
It's not a given. People make choices about features, quality, and price. I buy motorcycles from Japan and UK, clothing from US, but iPhone cables and cases from China. And just because it is made in the US does not automatically mean it's quality. Part of the reason US products are more expensive are unnecessary government regulations, labor unions, and entitled young people. None of those make it better, just more expensive.
You realize stopping people from making their own choices for the "good of society" is straight out of the communist and socialist playbook right? So let's not accept a "good" version of a bad government system to right these "wrongs".
I don't care that some Chinese people are "cheating" to win. 1) Some Americans are cheating too. 2) Their self interest helps me. That's how capitalism works. Individuals help themselves by providing better and/or cheaper products that other people want. Crossing an arbitrary line on a map doesn't make that any less true.
The Verge podcast just interviewed an entrepreneur that makes a music related gadget. He said he sourced all of his parts for it initially from China using Alibaba because no manufactures in the states would give him a quote because he was too small. Since then he was able to find one US startup (hungry for customers) that could make one of his parts for a comparable price because the shipping savings offset the higher manufacturing cost. That's the reality of US manufacturing. One part in year two.
Also ~150% tariffs (at time of writing this) will make his $200 gadget $500. That will likely kill his business as he can't compete with the big companies with the scale to make things cheaper.
This broad brush analysis of I can think of an example so that obviously explains all of international trade with China is so sophomoric it's painful.
monkeylove
Posts: 166 +52
Why it matters: Although President Trump has implemented a 90-day pause on his latest tariffs, China has been hit even harder, with duties on items it exports to the US reaching 125%. This is expected to have a significant impact on Chinese companies that sell products on Amazon, forcing them to either raise their prices for American consumers or exit the market entirely.
After Trump raised tariffs on Chinese imports to 125% up from the current 104%, Wang Xin, the head of the Shenzhen Cross-Border E-Commerce Association, which represents more than 3,000 Amazon sellers, told Reuters that the tariffs weren't just a tax issue; they were overwhelming the entire cost structure.
She warned that most sellers would find surviving the US market very difficult. The only options were to raise prices in the country or leave to find new markets.
Also read: Trump's dream of a US-made iPhone clashes with Apple's manufacturing reality
Five Shenzhen-based Amazon sellers who spoke to the publication agreed with Wang's assessment. Three said they would raise prices for their exports to the US, while two said they were planning to leave the market entirely.
One seller said he had raised prices in the US by up to 30%. He also plans to let his inventory levels fall and lower spending on Amazon advertising fees, which once took up 40% of his US revenue.
"We have to reduce investment, and put more resources into regions like Europe, Canada, Mexico and the rest of the world," he said.
Another seller said that maintaining his margins might require prices for higher-cost items to be raised by 50%.
Over half of Amazon's sellers are based in China, with more than 100,000 registered in Shenzhen, aka the Silicon Valley of China. They generate annual revenues of $35.3 billion, according to estimates.
According to China's State Council, the country's imports and exports involving cross-border e-commerce were worth $358 billion last year.
Wang also warned that the tariffs could lead to a rapid increase in China's unemployment rate.
It's not just Amazon's Chinese sellers being affect by Trump's actions. Popular platforms Shein and Temu, known for selling virtually everything at low prices, will feel the impact of the de minimis exemption ending at midnight on May 1.
The de minimis exemption allows items valued at under $800 to be imported without facing added extra duties. After it ends, these shipments sent through the international postal network will be subject to a duty rate of 90% of their value or $75 (rising to $150 after June 1) per item.
Some rival American companies have welcomed the end of de minimis. Forever 21, which is winding down its US operations, attributed its decline to companies leveraging duty-free exemptions on low-cost Chinese imports to gain a pricing advantage.
Trump's 125% tariffs hit Chinese Amazon sellers hard, forcing them to raise prices or quit the US
It also affects U.S. companies that outsource, and more. Meanwhile, sellers are forced to raise prices, quit the U.S., or absorb the higher tariffs, which affect their costs.
Usually, companies that are the most competitive will do the latter. The ones with no or little competition but with small margins will do the first, while those who have been doing poorly will do the second immediately.
Manufacturing exists in China *at the moment* due to favorable market conditions. But that can change, and when it does, said manufacturing can and will relocate. Even if not in America, the likes of India, Vietnam, and Taiwan have recently stepped up in the tech manufacturing world (Just ask Apple). It might take time for them/us to catch up to what China can do, but it’s ultimately better for everyone in terms of supply chain robustness, cost competition, and safety/security if China isn’t the sole supplier of this stuff.
So ask yourself, "Why won't companies make things in smaller quantites?" Or, "Why don't we make X here anymore?" The answer that is often given is that "We can't make money if we make it here in America." The reality is, we can. Then why don't we? Simple, we can't make ENOUGH money. In our race to become a service economy, services and and the stock market make xx% on investors money. There is no return on providing jobs, national security, or making a profit consistently for years if it's not ENOUGH profit. As long as US corporations ONLY goal is maximizing shareholder value, main street is screwed. Trump is trying to change that. Is he tilting at windmills? Probably, but I hope he succeeds. There are other values other than cash.
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Ah, but will they? Years ago, Panasonic was asked by the emperor of Japan to build an appliance plant in China. A few years later, they were doing some competitive shopping and found the first microwave oven for sale under $100. The took it back to Panasoinc, and tore it down to figure out how they did it. They found out that the microwave was made in Chiina, and the chassis was a carbon copy of their own from the plant they helped the Chinese build, right down to some unneeded stamped hole that carried over from the initial design.
Fast forward to today, I own a Breville espresso machine. They are an Australian company, and it turns out they assemble their products in China. I looked this up because I was thinking about upgrading, and found Temu had dozens of machines that looked like clones of the Breville, but for less than half the price.
This is why China is such an issue. They will steal anything they can get their hands on and swamp the market with cheaper alternatives, putting the companies that invent/develop successful products out of business.
They want power, control and expansion, not money. And they will protect their companies and industries with whatever tariffs and exclusions they need to protect themselves.
Axeia
Posts: 427 +555
You do realize that China has beef with pretty much all of Asia?
China and Japan have disputes over a couple of islands and generally just hate eachothers guts.
China might actually be closer to North Korea than it is to South Korea.
We know Taiwan definitely isn't very friendly China.
Then there's some dispute on the mainland with India.
And in the sea China is creating artificial islands to expand its borders trying to lay claim on more territory which gets it on bad terms with a whole bunch of countries.
Pretty much every Asian country has beef with China and it's unlikely to join some kind of alliance.
Personally I'd like to see the EU reform under an international alliance. Change the unanimous voting to a 90% majority system instead. Don't invite Hungary back in but get all other EU members in. Invite the UK, Greenland, Japan, Canada, Australia and South Korea.
Integrate economically and militarily, that would be big enough of an alliance to say no to the two super powers when needed.
South Korea would be a tricky one because of it's northern neighbour. Probably would have to sneak them in after building up an army first. But South Korea (Samsung) is basically the only option to get some chip tech in without the US/Taiwan.
Northy
Posts: 400 +176
The Chinese have strategically devalued their currency multiple times. Last time Trump was in power and added tariffs to them he threatened to add even more if they did it again.
My experience as a consumer is generally US made items have better quality than Chinese ones. That is by far more true than false. And it is a given that most people will choose the cheaper item unless emotionally driven to do otherwise.
Sure we don't live within communism, so we should trade with equal partners right? Or should we trade with slavers who culturally despise us and only seek to exploit us? Or does fair trade and equality not matter suddenly if we're getting our stuff for cheap no matter the personal cost? This isn't arbitrary when your trading partners are your enemies. And China is a US enemy, they are a Russian ally. Make no mistake. Add this to how they managed to couple their manufacturing so deeply into the US economy and swap plastic doo-dads for significant US debt and mortgage bonds. They're not playing by the same rules as us, they have 10, 20, and even 50 year plans.
Let's not pretend it's just capitalism, that we should allow the ship to steer straight into an infinite hole of debt because we are too weak to say no to trading enemies who cheat any way they can.
Inthenstus
Posts: 269 +359
Will be nice to actually find a real brand product on Amazon once this junk goes away.
Eldrach
Posts: 359 +421
You are aware that most «real brands» are made in China as well?
godrilla
Posts: 1,852 +1,284
Medicine and foods a well. Even when shopping at Amazon's wholefoods USDA organic products some say made in PRC. As well as all pharmacies outside of Amazon's pharmacy also have significant medicine manufactured their as well. My concern was always about lack of quality and often times I rather pay even 400% more for a product knowing it had better quality control and some level of accountability. Made in China was always the last choice when often times their were none unfortunately.
godrilla
Posts: 1,852 +1,284
Update retaliation continues.
China strikes back with 125% tariffs on U.S. goods as trade war intensifies
Source: CNBC
https://search.app/zChPh
Shared via the Google App
China strikes back with 125% tariffs on U.S. goods as trade war intensifies
Source: CNBC
https://search.app/zChPh
Shared via the Google App
dirtyferret
Posts: 1,051 +1,685
what those dimwitted cultist don't understand is the fact that a healthy USA economy is good for China and vice versa. If we buy more goods than China produces more goods. So China wishing our economy crashes would crash their economy as well. Yes they can export to other countries (I think USA takes up 18%) but the USA economy crashing would impact other countries as well so it would be a global crash. Obviously there are major issues with China (global warming, business espionage, human rights) but hoping a country with a top two economy goes into economic collapse is pure stupidity. It's like wishing for a forest fire to take out your neighbor's house...the fire is not stopping at one house, it's going to keep going and take out the whole neighborhood.
Amazon created their own problem. They charge a ridiculous amount to sell on their web site (we sell on it and do import from China) that the margins don't work anymore for better known brands and they left the platform. Amazon has basically become the USA version of Ali express.
godrilla
Posts: 1,852 +1,284
No that's not what Trump wants. Trump wants China to come to the table and negotiate by taking in more goods from US and stopping the flow of Chinese made fentanyl that is killing 100,000 people per year in the states. This is more than one nano level economic problem the macro level is far more complex than simple tarrifs.
dirtyferret
Posts: 1,051 +1,685
I tend to avoid replying to stupid comments but what the hell
1) trump only cares about china giving him money
2) there just under 110k drug overdoses per year in the USA
3) about 70% of them are opioid related
4) china does create precursor used my mexican cartels and those deaths have come to 100k in total but not per year
5) cocaine and meth are just as bad at killing people
6) trump only cares about himself
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godrilla
Posts: 1,852 +1,284
Actually Trump's Justice department just found 500 million dollars worth of narcotics.
DOJ, Coast Guard bust $500 million in cocaine tied to cartels
The Department of Justice and the U.S. Coast Guard busted 45,000 pounds of cocaine with a value of over $500 million, according to top DOJ officials on Wednesday.
abc7.com
also
ChatGPT
You said:
how many people die from fentanyl every year?
ChatGPT said:
Fentanyl-related overdose deaths in the United States have been a significant public health concern in recent years.
Annual Fentanyl-Related Deaths:
2022: Approximately 73,654 people died from fentanyl overdoses in the U.S.
USAFacts
2023: Preliminary data indicates a slight decrease in synthetic opioid deaths, including fentanyl, with a 2.2% reduction in the age-adjusted death rate from 22.7 to 22.2 per 100,000 population.
CDC
2024: The Centers for Disease Control and Prevention (CDC) reported a 33% decline in synthetic opioid fatalities, notably from fentanyl, in the 12 months ending October 2024.
Reuters
Key Factors in the Decline:
Harm Reduction Measures: Expanded public health initiatives and widespread distribution of naloxone, an opioid overdose reversal medication, have contributed to the reduction in deaths.
Reuters
Law Enforcement Efforts: Increased efforts to disrupt the supply chains of illicit fentanyl may have played a role.
Continued Challenges:
Despite the recent decline, fentanyl remains a leading cause of drug overdose deaths in the U.S., accounting for nearly 70% of the 107,000+ drug overdose deaths in the past year. It is also the leading cause of death for Americans aged 18–45.
Wikipedia – Die freie Enzyklopädie
+2
Get Smart About Drugs
+2
Vox
+2
Ongoing efforts in public health, law enforcement, and community education are essential to sustain and further this progress.
Notice the ones talking down are the ones getting owned! You love marginalized groups overdosing from narcotics!
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