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White House announces 25 percent tariff on Chinese tech goods

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Re: White House announces 25 percent tariff on Chinese tech goods

#11
post #3

As a basement hacker selling goods on Tindie this tariff schedule covers nearly every tool, consumable, and component parts I use in everything I do. My cost of business just went up by 25% today across the board. The full schedule: https://ustr.gov/sites/default/files/enforcement/301Investig... Example items of interest to people designing electronic goods in the US: ------------------------------------------------…

Too many examples.

Re: White House announces 25 percent tariff on Chinese tech goods

#14
post #3

As a basement hacker selling goods on Tindie this tariff schedule covers nearly every tool, consumable, and component parts I use in everything I do. My cost of business just went up by 25% today across the board. The full schedule: https://ustr.gov/sites/default/files/enforcement/301Investig... Example items of interest to people designing electronic goods in the US: ------------------------------------------------…

Your cost of business does not include any labor, payments for property, taxes, etc?

His bottom line just went up in proportion to the cost of his materials. Clearly all of those things still affect his bottom line.

On a relevant note -- I hope that consumers are still willing to buy his products now that his prices must go up. It's a bummer that this is really going to stifle the small business innovation from tinkerers like the OP.

Re: White House announces 25 percent tariff on Chinese tech goods

#15
post #6

I wish that congress would stop delegating authority to the executive.

I wish countries would sanction Trump's companies.

Canada appears to be considering it. http://thehill.com/policy/international/392281-canadian-fore...

Re: White House announces 25 percent tariff on Chinese tech goods

#17
post #3

As a basement hacker selling goods on Tindie this tariff schedule covers nearly every tool, consumable, and component parts I use in everything I do. My cost of business just went up by 25% today across the board. The full schedule: https://ustr.gov/sites/default/files/enforcement/301Investig... Example items of interest to people designing electronic goods in the US: ------------------------------------------------…

You can't buy these parts from US companies?

Re: White House announces 25 percent tariff on Chinese tech goods

#18
post #13

A lot of argument against tariffs seems to assume that prices in the US will rise and stay increased permanently assuming production stays in China. Wouldn't the downsides of tariffs actually only remain until production moves to say, Vietnam, etc.?

Wouldn't that lead to the same trade deficit Trump decries, and thus new sanctions?

A production move would be expensive, and presumably hasn't already happened because of cost differences between China and, say, Vietnam. You might be able to keep the cost increase down, but not non-existent.

Re: White House announces 25 percent tariff on Chinese tech goods

#19

Earlier quoted context omitted.

I wish countries would sanction Trump's companies.

Canada appears to be considering it. http://thehill.com/policy/international/392281-canadian-fore...

That would be awesome. I'd love for other countries to not blame ALL of us, for the actions of 1 individual...and would be nice to see him throw a huge hissy fit about it on twitter.

Re: White House announces 25 percent tariff on Chinese tech goods

#20
post #11
post #3

As a basement hacker selling goods on Tindie this tariff schedule covers nearly every tool, consumable, and component parts I use in everything I do. My cost of business just went up by 25% today across the board. The full schedule: https://ustr.gov/sites/default/files/enforcement/301Investig... Example items of interest to people designing electronic goods in the US: ------------------------------------------------…

Too many examples.

It's a small fraction of the overall list. I only included those things which might be of interest to a hobbyist/startup designing and manufacturing electronics for consumer use. The point here is that the list is far-reaching and all-inclusive. If you're looking to start a business making hardware, there is almost nothing that you'd use in the design, prototyping, or manufacture of your device that _isn't_ on this list.
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