421–430 of 672 posts
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Ships can be rerouted while in transit. I bet it is extremely unusual for a container ship, but we do live in interesting times.
Container ships did get rerouted when that ship got stuck in the Suez Canal.
Not too long ago I tried to raise money for a PCB assembly plant in the US, but couldn't raise the funding and got a "real job". Posts like these really make me wish I didn't give up lol
About a year ago I checked out every US manufacturer I could find. Most don't offer any pricing of any kind, strictly 'call for quote'. The ones that did offer pricing either don't want small prototype runs, or charge 5-10x what China does, and with 2-3x lead time, even counting shipping. Only one or two I looked at offered an online quote tool, and none of them came even close to the usability and functionality of P…
You're not supposed to. It's a backhanded way to quash all competition.
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I wonder if he wants to work in a shoe factory?
The US already makes highly advanced goods like cars using robotic manufacturing. Wouldn't an entrepreneur be able to figure out how to make something as simple as a shoe factory? And wouldn't that also result in fairly high paying union jobs, such as the people to maintain the machines and software?
If the goal is union jobs at fairly high rates of pay, we can make high-productivity jobs like CVS employee (~$1.2mm revenue per employee IIRC) into good high-paying union jobs by incentivizing CVS employees to unionize.
Even the type of high-value manufacturing present in the US tends to be less productive with labor than Costco (~$30k net profit per employee) or Delta (~$56k net per employee) or ADP (~$84k net). Since our labor pool is decreasing, it is even more critical for Americans to work in high-productivity jobs rather than moving the other direction.
This could get really ugly when the shelves start going empty. This may make the toilet paper incident seem quaint in comparison.
Genuine question but how likely is that to happen? The media doesn't seem to be doing a good job articulating what the (likely) real world impact is going to be. I keep hearing how other countries are negotiating but when you look into the details, there is nothing of substance actually happening.
Even worse is that depending on the product, you might not even be able to place an order from the importer because they are completely unable to actually price the things with all of the uncertainty right now. A friend of mine is a hearing device retailer/distributor. He tried to order way more than he usually does a month ago to get ahead of this. The order was denied because they said they have no idea how to price any of it. So he's just going to have to wait an indeterminate amount of time which then makes it impossible for him to plan. He has to jack up his prices to cover future potential price increases and to be able to keep the lights on if they run out of stock.
Gamers Nexus essentially produced a 3-hr doc on how changing tariffs affect the US computer industry: "The Death of Affordable Computing | Tariffs Impact & Investigation" https://youtu.be/1W_mSOS1Qts?si=pBVt65SMqb1p-Zte . Best part is having a product manager show a spreadsheet of costs and margins and explain in real terms ($$$) what tariffs do to their business.
The retailers need to start showing tariff charge as separate line. People have the right to to see what they voted for. Yesterday Trump frantically called Bezos when Bezos threatened to do it, and Bezos seems to have backed up (probably got some concession for that). Edit: it is also can be treated as a consumer right to know, by analogy with food labeling), what are the major components of the price they are paying…
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The two party system, forced on us by plurality voting, is the reason people feel they don't have a choice. Pick one of two very different sides. If a third candidate tries to enter the race, they harm themselves and the person they are similar to, and they help the opposition. Any form of ranked voting will rid us of this restriction and allow more candidates to run for an office, and allow citizens to vote their tr…
Right. The last serious third-party presidential candidate was Ross Perot in 1992. In terms of political platform and voter appeal he was slightly more similar to the incumbent Republican candidate George H. W. Bush, which probably enabled the Democrat candidate Bill Clinton to win (although it's impossible to know what would have happened if Perot didn't run). Some political analysts claim that Perot entered the rac…
Most interesting part of that story is that once the government failed to help he organized and trained his own operation and successfully extracted his employees.
edit: https://www.rossperot.com/life-story/iran-hostage-rescue
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The retailers need to start showing tariff charge as separate line. People have the right to to see what they voted for. Yesterday Trump frantically called Bezos when Bezos threatened to do it, and Bezos seems to have backed up (probably got some concession for that). Edit: it is also can be treated as a consumer right to know, by analogy with food labeling), what are the major components of the price they are paying…
Amazon considered it as a separate line, the White House called it un-American, Amazon stopped considering it.
That said I wish they would.
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I think two weeks is pretty much the low end of transit time for a container from China to US, so I wouldn't expect needing much modeling within that window.
Ships can be rerouted while in transit. I bet it is extremely unusual for a container ship, but we do live in interesting times.
Some of the tariff increases are so high that they effectively spoil the cargo; there's no point in bringing it through customs at those prices, and it typically won't make sense to ship it back, and it may not be possible to ship it elsewhere from the port either, so it is most likely to be destroyed at the port. Delaying to see if tariffs go down may be worthwhile for enough of the cargo that it makes sense to slow the whole boat.
Additionally, if demand for shipping is up, going faster allows for more supply, and if demand has slowed, going slower reduces supply.
Earlier quoted context omitted.
The retailers need to start showing tariff charge as separate line. People have the right to to see what they voted for. Yesterday Trump frantically called Bezos when Bezos threatened to do it, and Bezos seems to have backed up (probably got some concession for that). Edit: it is also can be treated as a consumer right to know, by analogy with food labeling), what are the major components of the price they are paying…
Amazon considered it as a separate line, the White House called it un-American, Amazon stopped considering it.