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New US Tariffs are Anti-Maker and Will Encourage Offshoring

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Re: New US Tariffs are Anti-Maker and Will Encourage Offshoring

#71

Post by frockington »

digitalzombie wrote: post #25

I really hate the new tariff. There is no need to be going into a trade war against not only traditionally our rivals but also our allies now too. The economy is recovering and I believe it may now be heading toward a recession. Here's the quick data on job created in raw number without the quality of the job to show that it is recovering since the 2008 recession: https://www.washingtonpost.com/news/fact-checker/wp/2…

So why not free trade? I hate the idea of tariffs, but when your "allies" have had non reciprocal tariffs something needs to be done. I think all of this would go away if all tariffs against US products were removed

Re: New US Tariffs are Anti-Maker and Will Encourage Offshoring

#72

Post by tonyedgecombe »

js8 wrote: post #38
digitalzombie wrote: post #22

Earlier quoted context omitted.

I disagree. Wavepool, Maytag, etc.. Americans washer and dryer cloth machines pushed for Tariff from the Obama administration to fight against Samsung and other. The tariff target machine coming out from specific countries so Samsung and other moved to other South Eastern companies such as Vietnam. So the American companies pushed for tariff for all incoming washing machine that aren't American. Trump administration…

"I'm not a libertarian but The Wealth of Nations by Adam Smith states that all country will have certain expertise they are just good at. Whether it is because the geography that enable them to be better than other or other things, because they're good at certain thing, countries should play to their strength and trade for what they need." And I am not against free trade (well, with reservations), but I think this id…

Absolutely, you can see the problem with relying on one source of income in the oil dependent countries. Towns and Cities with a dominant employer have similar problems.

On the other hand having a closed border and expecting to do everything yourself leaves you exposed to potential famines and in a general state of poverty, see North Korea for an example.

Re: New US Tariffs are Anti-Maker and Will Encourage Offshoring

#73

Post by morsch »

zaroth wrote: post #63
fentonc wrote: post #51

Earlier quoted context omitted.

We levy plenty of tariffs on goods from other countries to protect local industries - on average ours are very slightly lower than places like the EU, but it’s like ~2.5% vs 3%, not 0% vs 30%, which seems to be your claim.

“America’s taxes on imports are much lower than those of almost every other country.” — The NY Times China’s weight average tariffs are 3x higher than the United States, approximately 10% vs 3.5%.

... when you nonsensically pretend that VAT is an import tax.

"Once value-added taxes and sales taxes are included in an international comparison, America’s taxes on imports are much lower than those of almost every other country."[1]

The point still stands when not considering VAT, but the difference is far less pronounced. Though I am hesitant to trust the authors' research given the above.

[1] https://www.nytimes.com/interactive/2017/business/trade-chin..., also https://tradediversion.net/2017/03/08/on-the-nyts-building-t...

Re: New US Tariffs are Anti-Maker and Will Encourage Offshoring

#74

Post by kop316 »

paulie_a wrote: post #61
digitalzombie wrote: post #22

Earlier quoted context omitted.

I disagree. Wavepool, Maytag, etc.. Americans washer and dryer cloth machines pushed for Tariff from the Obama administration to fight against Samsung and other. The tariff target machine coming out from specific countries so Samsung and other moved to other South Eastern companies such as Vietnam. So the American companies pushed for tariff for all incoming washing machine that aren't American. Trump administration…

This is completely off topic, but I will never buy another Samsung appliance or anything anymore. Great hardware but shit software...my refrigerator should not need to reboot.

I actually just replaced a 3 year old Samsung Electric Dryer. The heat was no longer working, and I suspect it was the heating element. To access the heating element required me to: - Take off the control board - Take off the entire top of the dryer - Take out the door - Take out the Front panel - Take out the drum

I only figured this out after finding a service manual, as I did not want to risk destroying a dryer to figure out how to fix it. A new heating element was $80 off the grey market. I wanted to see how much it would be to get it fixed by a service place, and any service place I went to wanted to charge $100 just to look at it!

When I saw a new dryer was $400, I just decided I did not want to deal with it anymore and bought a new dryer.

I will not be buying Samsung products again.

Re: New US Tariffs are Anti-Maker and Will Encourage Offshoring

#75

Post by tonyedgecombe »

hugh4life wrote: post #12

I'm neutral on the tariffs, I am(or was) actually excited about China getting into the memory market to help keep the other memory makers honest... but it's important to have an alternative source of those components in case there would be trouble between the US and China. There needs to be a way to nudge businesses to have a source of components out of China.

Perhaps the US dependence on China for some products neutralises the chance of trouble between the US and China.

Re: New US Tariffs are Anti-Maker and Will Encourage Offshoring

#76

Post by IanDrake »

dalore wrote: post #27
IanDrake wrote: post #15

Earlier quoted context omitted.

I’m not sure you understand how nations work. We elect people to work in our best interests. We are in competition with other countries. Our blue collar jobs have stagnated since we’ve been off-shoring manufacturing to China. The poor in the US were getting poorer. Not everyone has the ability to transition into a thinking job and we need a balanced economy for these people.

It's the whole competition mentality. If anything the US is in a competition against themselves. Everything seems to fight against helping your fellow man and all about gettings yours before anyone get's theirs. Healthcare for you fellow citizens? So controversial. Billions of dollars for war and killing others? Well that's ok then, let's spend that money no questions asked. You guys are at competition so much with e…

[flagged]

Re: New US Tariffs are Anti-Maker and Will Encourage Offshoring

#77

Post by frockington »

dalore wrote: post #27
IanDrake wrote: post #15

Earlier quoted context omitted.

I’m not sure you understand how nations work. We elect people to work in our best interests. We are in competition with other countries. Our blue collar jobs have stagnated since we’ve been off-shoring manufacturing to China. The poor in the US were getting poorer. Not everyone has the ability to transition into a thinking job and we need a balanced economy for these people.

It's the whole competition mentality. If anything the US is in a competition against themselves. Everything seems to fight against helping your fellow man and all about gettings yours before anyone get's theirs. Healthcare for you fellow citizens? So controversial. Billions of dollars for war and killing others? Well that's ok then, let's spend that money no questions asked. You guys are at competition so much with e…

That competition mentality is why US innovation and dominance has reigned supreme for so many years. Competition is the driving force of the American economy and its fruits have benefited the world

Re: New US Tariffs are Anti-Maker and Will Encourage Offshoring

#78

Post by drcoopster »

oh-kumudo wrote: post #9
thisisit wrote: post #2

Curious how will this affect the Chinese sellers (both fake and genuine goods) on Amazon/Ebay?

Larger sellers would count the tariffs into the pricing, or you can test your luck to see whether customs will pick your package or not.

The importer pays the tariff, not the exporter. Usually that's the buyer, not the seller.

Re: New US Tariffs are Anti-Maker and Will Encourage Offshoring

#79

Post by gruez »

agumonkey wrote: post #34
gruez wrote: post #26

Earlier quoted context omitted.

AFAIK most sellers under-declare the value and mark as gift on their manifest, so the packages don't get taxed.

This trick is only working randomly

really? never got hit with duties from imports that were under-declare, even in cases where the item in question was obviously worth more than $20 (eg. phones).

Re: New US Tariffs are Anti-Maker and Will Encourage Offshoring

#80

Post by frockington »

endorphone wrote: post #44
IanDrake wrote: post #20

Earlier quoted context omitted.

That’s just hyperbole. The US is throwing its weight around for the first time since Reagan. Last time it worked out pretty well. Things have changed a lot since then with the rise of China and the EU. With the new big players in the world it’s time the US put on its big boy pants and renegotiated its place.

The entire worldwide trade order was created by the US throwing its weight around. Those cheap Chinese goods, Korea, Japan, the WTO, the poles of axis. Drug prices, intellectual property protections. All courtesy of the US. That order that made the US the richest country in the world, home to the most powerful companies in the world. So the whole Trump narrative that you're regurgitating is a bit odd. And it is alrea…

It seems like they are forced to play the US agenda. Are they going to end their military protection agreements with the most powerful military in the world? Are they going to close access to the world largest market? If they want to have a nation in 20 years they likely will not stop playing the US agenda
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