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: ------------------------------------------------…
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
#12This is insane. The ppl it is going to hurt the most are the tinkerers and innovators. As long as you assemble your completed phone / tv in China it doesn't matter. But for hackers trying to build cool stuff or develop ideas into products, they have to pay 125% more...
Re: White House announces 25 percent tariff on Chinese tech goods
#13Wouldn't the downsides of tariffs actually only remain until production moves to say, Vietnam, etc.?
Re: White House announces 25 percent tariff on Chinese tech goods
#14As 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?
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
#15I wish that congress would stop delegating authority to the executive.
I wish countries would sanction Trump's companies.
Re: White House announces 25 percent tariff on Chinese tech goods
#16Does this apply to small quantities imported for personal use?
Re: White House announces 25 percent tariff on Chinese tech goods
#17As 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: ------------------------------------------------…
Re: White House announces 25 percent tariff on Chinese tech goods
#18A 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.?
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
#19Earlier 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...
Re: White House announces 25 percent tariff on Chinese tech goods
#20As 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.