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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

#201

Post by s73v3r_ »

kinsomo wrote: post #183
keo93ndn wrote: post #179

You’re considered a consumer of the things this targets Their real concern is protecting the supply side folks. Basically themselves You should only be buying from an American supplier, even though we just spent 30 years shutting them all down Because no one in this admin has a damn clue Factories won’t be growing up out of the grown churning out parts in 6 mos because of this The ignorant are shooting themselves in…

> You should only be buying from an American supplier, even though we just spent 30 years shutting them all down > Factories won’t be growing up out of the grown churning out parts in 6 mos because of this If you wanted to reverse the trend of all the American suppliers getting shut down, and re-build the American manufacturing base, what actions would you take to accomplish that?

What's with this "rebuild the American manufacturing base" part? The US is already one of the top manufacturers in the world.

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

#202

Post by simplify »

anon23423532 wrote: post #89
elago wrote: post #84

Earlier quoted context omitted.

I'm curious how are you coming up with these economic projections? Are you running simulations? Reading reports? Are you an economist? What if China just sells to other customers? What is China subsidizes it's manufacturers, so they get paid and keep their production capacity whether or not they're actually producing? Exactly like soybean and corn farmers in the US are btw. The whole thing seems incredibly complex, a…

They can try selling to other customers, but US is still around 25% of global GDP and probably a larger percentage of the market for the components that have been tariffed. Chinese government would have to print a lot of money to make up for that, which causes it's own issues, especially when considering the amount of debt China has already racked up. The point isn't for the government to skim 25%, it's to get China…

> The point isn't for the government to skim 25%, it's to get China to trade fairly

How is it currently unfair?

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

#203

Post by yellowapple »

mcphage wrote: post #116
tridentlead wrote: post #101

Earlier quoted context omitted.

Not if the goal is to bring back component manufacturing.

Who’s going to buy the US-made components if the manufacturers that use those products have already moved to China because of the tariffs?

Probably those same manufacturers, depending on whether the added labor premium is less than the cost of shipping finished goods across the Pacific.

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

#204

Post by carapace »

YesThatTom2 wrote: post #107
luma wrote: post #28

I guess my earlier comment was too long, so let me provide a shorter version: this action actively harms anyone attempting to design, prototype, and manufacture electronic devices in the US. There isn't a single component in the projects I'm currently working on which isn't impacted by this. My cost of goods just went up by 25% across the board today in an effort to help "protect" American businesses. I don't feel li…

NO!! Don't you understand?? Yes, we'll suffer for 50 years, BUT in that time the supply chain will be created in the U.S. and our grandkids and their children will be able to benefit from having all that industry in the U.S. instead of China. And if I'm wrong, I won't be alive to be able to say I'm sorry to my grandkids who are now living in a barren wasteland. The best solutions are the ones you won't be around to s…

> the supply chain will be created in the U.S.

Metric or Imperial?

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

#206

Post by defertoreptar »

Diederich wrote: post #189
defertoreptar wrote: post #178

Earlier quoted context omitted.

This isn't as much about encouraging the USA to make stuff as it is about IP theft.

Can you expand on that?

> The United States today released a list of products imported from China to the US on which additional tariffs will be placed as a measure aimed at pressuring China to change its practices the US says force US companies to give up intellectual property and transfer technology. Some industries have been dropped form the list such as pharmaceuticals, while a new list has now been announced, officials told reporters this morning. This story is developing and will be further updated shortly.

> A US official speaking on background as a “senior administration official” told reporters on a short-notice phone call today that China is using state-funded companies to outbid US companies, and is intruding and stealing IP from companies.

> USTR last year launched a “Section 301” investigation into China’s practices on technology transfer and intellectual property and concluded that it has long been engaging in unfair practices. The Section 301 report found China guilty of pressuring US companies to partner with Chinese companies, licence under less favourable terms than Chinese companies, using state-funding to buy US companies in order to get ahold of their IP, and engaging in intrusion and theft to get commercial advantage.

> The United States has raised these concerns for years, and gave China the chance to take steps to resolve the concerns, the official said, but “that’s not what they did.”

http://www.ip-watch.org/2018/06/15/breaking-news-us-imposes-...

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

#207

Post by squarefoot »

AngryData wrote: post #191
YesThatTom2 wrote: post #107

Earlier quoted context omitted.

NO!! Don't you understand?? Yes, we'll suffer for 50 years, BUT in that time the supply chain will be created in the U.S. and our grandkids and their children will be able to benefit from having all that industry in the U.S. instead of China. And if I'm wrong, I won't be alive to be able to say I'm sorry to my grandkids who are now living in a barren wasteland. The best solutions are the ones you won't be around to s…

I agree with the principle of bringing local jobs back, bolster our own industries to be more self-sufficient, however I think it is being done in the most disruptive and unstabalizing way possible. We should be going for a firm but gentle push, instead of swinging a sledgehammer around our heads and hoping we don't break the wrong skulls.

To compete with China 25% tariffs are nothing. We're talking about goods costing a fraction of what is made in the western world (if they're still made at all). In the end only common people will be pissed because their full-Chinese cellphone costs $250 instead of $200 compared to the half-Chinese one which still costs $600, and not a single job will be created. To me that's pure propaganda.

The irony is that to compete with China it would be also necessary a huge low cost workforce the US alone cannot provide; too bad Trump just built a wall and enacted laws to keep a good part of that workforce unavailable for hire.

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

#208

Post by s73v3r_ »

sremani wrote: post #65
uniacid wrote: post #29

Earlier quoted context omitted.

Who said anything about Democrats? also last time I checked the majority of the US Government is controlled by Republicans.

I think he wanted to highlight the bi-partisan support for the action.

I think he wanted to distract away from who's responsible for this action.

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

#209

Post by kinsomo »

s73v3r_ wrote: post #201
kinsomo wrote: post #183

Earlier quoted context omitted.

> You should only be buying from an American supplier, even though we just spent 30 years shutting them all down > Factories won’t be growing up out of the grown churning out parts in 6 mos because of this If you wanted to reverse the trend of all the American suppliers getting shut down, and re-build the American manufacturing base, what actions would you take to accomplish that?

What's with this "rebuild the American manufacturing base" part? The US is already one of the top manufacturers in the world.

> What's with this "rebuild the American manufacturing base" part? The US is already one of the top manufacturers in the world.

Maybe so, but the US's manufacturing currently isn't strong enough to balance its massive trade deficits:

https://en.wikipedia.org/wiki/List_of_the_largest_trading_pa...

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

#210

Post by s73v3r_ »

cabaalis wrote: post #50
bmelton wrote: post #30

Earlier quoted context omitted.

Does that materially change whether or not it does or doesn't make it more expensive to build products in America that rely on Chinese components?

So let me ask you, do you think the people in charge do not know this? Do you buy into the media push that Trump is a petulant, reactive child who does not listen to advisers? Do you think our government is truly led by the whims of a single individual? Tariffs are a political tool. There is some objective here that is not being publicly outlined because it would defeat the purpose of the strategy. Example: Other cou…

"So let me ask you, do you think the people in charge do not know this? "

Given the actions of the past year and a half, I would be shocked to know that the people in charge know how to tie their shoes.

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