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Amazon to display tariff costs for consumers

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Re: Amazon to display tariff costs for consumers

#121

Post by rsynnott »

horns4lyfe wrote: post #39

Are they going to show the cost of tariffs for other countries as well? Or just partisan hackiness?

In most of the countries that Amazon operate in, for most products, they'll be either 0 or minimal. Developed countries tend to have weighted average tariffs of 1-2%; there are often carve-outs for specific goods for protectionist purposes, but they're rarely on consumer products.

Also, I thought these were bigly beautiful tariffs, Trump's proudest achievement; surely he will be pleased to see them displayed so prominently, so that people can marvel at them?

Re: Amazon to display tariff costs for consumers

#122

Post by jghn »

al_borland wrote: post #75

I’d like them to add a Made in USA section where people can find tariff free products that support local businesses and workers.

This is incredibly naive. How can you possibly know the source of every component and raw material in what you're buying? "Made in USA" *at best* translates to "assembled in the USA"

Re: Amazon to display tariff costs for consumers

#123

Post by fallinghawks »

gherkinnn wrote: post #109
profmonocle wrote: post #76

I'm fine with this as long as they include the tariff in the listed price. I'm worried businesses are going to use tariffs as an excuse to have a fake list price, then hit you with massive hidden fees at the point of sale. Some sectors have been doing this for years - "service fees" at restaurants, "regulatory response fees" in the telecom industry, all sorts of nonsense in event ticketing. Physical goods have mostly…

I expect businesses to bump prices. Bump em because of tariffs, bump em some more to pad the margins because what is an extra 5%, bump em even when they're not affected by tariffs because everyone else is doing so, and delay un-bumping them once tariffs fall again.

Back when the price of crude oil was in the news a lot, if a rise was announced, gas stations would immediately hike prices, even though it takes like a month for the oil to be refined into gas and delivered to the station.

Re: Amazon to display tariff costs for consumers

#124

Post by Aurornis »

gherkinnn wrote: post #109
profmonocle wrote: post #76

I'm fine with this as long as they include the tariff in the listed price. I'm worried businesses are going to use tariffs as an excuse to have a fake list price, then hit you with massive hidden fees at the point of sale. Some sectors have been doing this for years - "service fees" at restaurants, "regulatory response fees" in the telecom industry, all sorts of nonsense in event ticketing. Physical goods have mostly…

I expect businesses to bump prices. Bump em because of tariffs, bump em some more to pad the margins because what is an extra 5%, bump em even when they're not affected by tariffs because everyone else is doing so, and delay un-bumping them once tariffs fall again.

Prices are always set by supply and demand.

The price will rise until it gets high enough that the product of sales * price falls.

It has always been that way. Businesses haven’t been selling goods and services out of the goodness of their hearts at an arbitrary price. It’s always supply and demand.

Tariffs are expected to reduced demand because they increase prices. This is why the stock market is down and nearly every economist is calling the tariffs a big problem. Companies won’t have room to raise prices infinitely because they feel like it, because consumers are about to be able to afford fewer things because the things they need are getting more expensive.

Re: Amazon to display tariff costs for consumers

#125

Post by mrits »

acdha wrote: post #113
mrits wrote: post #44

Earlier quoted context omitted.

I don't think it takes much thinking to realize how misleading this is. I'd really be interested in Prime Day when tariffs are decreasing everything

Can you give an example? Usually short term price fluctuation would be in response to something like a sudden change in market demand or something like a natural disaster lowering production but nothing like that seems to have happened other than the largest tax increase in U.S. history and the demand shock from the federal cuts should be lowering prices, not raising them.

Price fluctuation doesn't usually depend on market demand or natural disasters. How you got that idea is beyond me.

Re: Amazon to display tariff costs for consumers

#126

Post by rafram »

ZeroTalent wrote: post #82
lvl155 wrote: post #69

Earlier quoted context omitted.

When are we going to realize this is a form of dumping by the Chinese? People love cheap goods but as QoL in China improves, they won’t be able to churn out cheap goods for long. That’s why CCP is hellbent on trying to monopolize global supply chain. In fact, I believe we are first slowly and then drastically headed toward global equilibrium in labor cost. We might be looking at significantly cheaper labor in the US…

There is no more "as QoL in China improves." The majority of parts of "Swiss Made" watches are made in China, utilizing a loophole that requires 60% of the watch's cost to be manufactured and assembled in Switzerland. So they make a rotor made out of gold in Switzerland, which accounts for 60% of the COGS of the watch, pop the rotor on the movement, and the sapphire glass on the watch, and it's "Swiss Made." Best sou…

> There is no more "as QoL in China improves."

You start with this, but then the rest of your comment is totally unrelated. Could you elaborate?

Re: Amazon to display tariff costs for consumers

#128

Post by ceejayoz »

HamsterDan wrote: post #77
ceejayoz wrote: post #26

Earlier quoted context omitted.

The #1 rule of being extorted is giving in means you’ve shown you can be extorted. The extorter will never stop increasing the ask. Columbia University found this out.

It's pretty clear you don't know what blackmail is.

Extortion, if you prefer. I'll edit it.

Re: Amazon to display tariff costs for consumers

#129

Post by Aissen »

profmonocle wrote: post #76

I'm fine with this as long as they include the tariff in the listed price. I'm worried businesses are going to use tariffs as an excuse to have a fake list price, then hit you with massive hidden fees at the point of sale. Some sectors have been doing this for years - "service fees" at restaurants, "regulatory response fees" in the telecom industry, all sorts of nonsense in event ticketing. Physical goods have mostly…

> aside from sales tax not being included, but that's been universally true in the US forever so everyone is used to it.

Why are you putting this under the rug so easily? It's never too late to changes those ludicrous behaviors, even if everyone is accustomed to it.

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