351–360 of 390 posts
Try to understand it strategically. If there's a 25% tariff on Chinese components, it makes Japanese, Taiwanese, Korean, developing-economy players more competitive. If the tariff is projected to last it will cause a sizable diffusion toward other players. Consider also that tech goods growth is projected to continue and China wants to start fabbing silicon. China doesn't want the brakes pumped on that exponential cu…
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Why did Henry Ford pay his workers enough to buy Ford vehicles? Why is paying higher wages while keeping the money in the community/country a "disadvantage" exactly? Aren't you looking only at consumption without considering production? Honestly, this sounds like parroted ten year old globalist propaganda. Craft beer has already shot this entire line of argument down, and other industries show signs of beginning to f…
Henry ford's paying their workers more was considered revolutionary. I am actually in favor of paying people a good living wage, but we have to do something to make it work. I'm a programmer and I bet I make more than someone in India, so I should have to be doing something extra to justify that. I didn't mean to parrot anyone else's ideas, these just seem like obvious idea. If I was a worker in a factory making thin…
It's not the workers who have to do something extra to justify what they're making.
Americans have been told that globalization was the key to prosperity. And yes, today we have wondrous cheap smartphones and all manner of goods made overseas. But if you ever visit the Rust Belt, you'll quickly realize that entire local and regional economies have been shattered by the decline of US manufacturing and haven't yet recovered. Donald Trump won the election in part by recognizing and promising to address…
We're doing extremely well focusing on new industries, like healthcare and technology.
No one is going to re-open a steel mill.
> It includes a broad range of components used in electronics manufacturing, specifically naming touchscreens, batteries, and electric motors. General components like transistors are also named on the list as well as more specific components used in televisions, cameras, and radio receivers. [..] Notably, the list does not include cellphones or completed televisions. So, this will, er, serve to discourage companies f…
Another reading is that the thought going in to the tariffs was not directed toward helping Americans, but rather creating headlines big enough to crowd out reporting on the various scandals of the administration. Ever seen "Wag The Dog?"
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I was hoping for a list like this, but again it isn't specific to what he said. Reason is, I wanted to do an emergency last minute order on Aliexpress if it was. I was sincerely worried that it was true. But the reaction is totally overblown. That and I already have a large inventory of touch screen displays, and LEDs -- the only things that were on the list. So I am not worried.
It is specific to what I said, and the link goes to my post.
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I was hoping for a list like this, but again it isn't specific to what he said. Reason is, I wanted to do an emergency last minute order on Aliexpress if it was. I was sincerely worried that it was true. But the reaction is totally overblown. That and I already have a large inventory of touch screen displays, and LEDs -- the only things that were on the list. So I am not worried.
So resistors, capacitors, relays, assembled circuit boards, ... somehow are not relevant components?
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> if worse comes to worse bring manufacturing back to the US If these tariffs are on components and not manufactured goods, then it seems like it would push manufacturing into China, not bring it back to the US.
Not if the goal is to bring back component manufacturing.
In 2018, it's a whole lot easier to avoid doing any manufacturing in the US than it is to avoid using any components made in China; and both approaches avoid the tariff as written.
If the goal is to bring back component manufacturing, they need to go back to the drawing board.
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I am in the middle of starting a business around a product that will get slammed by this. I was going to import the components and have the boards built here.("Made in the USA" labels are huge for my target market.) Assuming I am parsing all of this correctly it will end up being better for me to have the PCBs assembled into the products in China and not create jobs in the USA.
It sounds like you were just lying in the first place about it being made in America.
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Sometimes doing nothing is better than doing something. In this case, doing something (a) does not harm China, as intended, as they are still the only viable place to purchase these items, yet (b) actively harms business in the United States, as we are paying the additional cost ourselves.
(a) I mean this tariff does definitely harm China. The reason they're the only viable place to purchase these items is because they're so cheap. Making them more expensive gives space for non-Chinese competitors to enter into business. (b) It actively harms some businesses, but also gives room for new companies to form where they wouldn't have been able to previously. It's wrong to claim this hurts 'business' in a br…
This tariff isn't preventing that, or punishing the Chinese companies involved.
> The reason they're the only viable place to purchase these items is because they're so cheap. Making them more expensive gives space for non-Chinese competitors to enter into business.
This tariff makes American assembly of Chinese components more expensive than it already is. Finished goods made in China are unaffected.
For example, an assembled-in-china iPhone will stay the same, but the moment this comes into effect, the cost of making the Mac Pro in the US will go up substantially.
To avoid this, apple can either:
1. Shift Mac Pro assembly to any other country.
2. Switch out all their suppliers and components to ensure that nothing comes from China.
Most products have done #1 without the tariff. The tariff just makes it harder to justify keeping anything in the US.