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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

#101

Post by tridentlead »

mcphage wrote: post #97
anon23423532 wrote: post #89

Earlier quoted context omitted.

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…

> 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.

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

#102

Post by kingosticks »

delbel wrote: post #53

Here is the list https://ustr.gov/sites/default/files/enforcement/301Investig... Tractors, fork lifts, agricultural equipment Lathes Milling Machines LED's Lithium batteries Touch screen Not a lot of electrical "tech" goods besides these three above, maybe PCB and GPS equipment. About the tractors, milling machines, and lathe. I like this, because the new products that are available ... are chinese crap. But they are…

That list is full of electronic components towards the end. I hear transistors are in quite a lot of things these days.

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

#103

Post by megaman22 »

delbel wrote: post #53

Here is the list https://ustr.gov/sites/default/files/enforcement/301Investig... Tractors, fork lifts, agricultural equipment Lathes Milling Machines LED's Lithium batteries Touch screen Not a lot of electrical "tech" goods besides these three above, maybe PCB and GPS equipment. About the tractors, milling machines, and lathe. I like this, because the new products that are available ... are chinese crap. But they are…

Even with the US-manufactured heavy equipment, it's a little bit of a poison pill to buy anything new. It's excessively digital, which is a big problem when you are out in the shit and break down, besides being less reliable in general. Older equipment is overwhelmingly hydraulic and relatively simple, and there's a strong market of aftermarket parts because this stuff has been around a long time and is virtually indestructible if maintained. Equipment from the 80s or 90s, and even earlier, is holding its value very well because of this. Not unlike the situation we see with previous generation MacBook Pros.

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

#104

Post by hiram112 »

WhiteDawn wrote: post #58
luma wrote: post #3

As a basement hacker selling goods on Tindie this tariff schedule covers nearly every tool, consumable, and component parts I use in everything I do. My cost of business just went up by 25% today across the board. The full schedule: https://ustr.gov/sites/default/files/enforcement/301Investig... Example items of interest to people designing electronic goods in the US: ------------------------------------------------…

This is the true story here. How does putting tariffs on parts that hackers/innovators use to prototype new products help the American people? If you don't have enough funding, and a large enough customer base to get your electronics manufactured offshore, you get hurt by the tariffs. I feel like China may welcome this with open arms, bolster their own manufacturing by cutting out DIY'ers.

> How does putting tariffs on parts that hackers/innovators

Who said tariffs were supposed to help hackers / innovators? It is to protect manufacturers.

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

#105

Post by frgtpsswrdlame »

luma wrote: post #72
anon23423532 wrote: post #48

It's punishment for stealing hundreds of billions of dollars of IP, illegally subsidizing businesses to steal market share, and general national security by not outsourcing knowledge and infrastructure critical to national security to save a few bucks. It's easy to let someone push you back inch by inch instead of fighting back, but eventually you're on the edge of a cliff and have nowhere else to go. I'd take short…

I understand the rationale, which is pretty clearly laid out here: https://ustr.gov/sites/default/files/Section%20301%20FINAL.P... What I don't understand is the response. The burden of this cost has entirely been placed upon US businesses purchasing products from (in many cases) the only place you can buy them and then assembling the completed product in the US with US labor. As someone doing small-scale production…

Yes but I see your comment as a rationale for an additional tariff that covers your circumstance.

In what way would you punish China for their bad actions regarding US technology?

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

#106

Post by User23 »

gremlinsinc wrote: post #93
tyfon wrote: post #43

Earlier quoted context omitted.

The 1 individual was democratically elected though so I guess it's just not 1 individual. Now, I wouldn't mind if the rest of the world gave him the stick, but like it or not he does represents and is the figurehead of US so it is your responsibility to deal with his actions.

Democratically is a stretch, republic-ly is more accurate. True democracy, everyone could simply vote by a handheld device, without registering to vote, all citizens regardless of criminal background would be allowed, and they'd be given an entire month to do so. Then the popular vote would say who's elected or not. No gerrymandering, technically in a true democracy we wouldn't have a president, though. We'd vote on…

True democracy would select representatives through a lottery draft.

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

#107

Post by YesThatTom2 »

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 see fail.

By the way... this strategy will work as long as the entire rest of the world doesn't figure it out, keep their tariffs low, and have the supply chain move to them instead. So PLEASE don't let anyone in the EU, Africa, South America, Canada, Central America, or Indonesia see this comment! We only have to keep this secret for another 49.9 years!

P.S. I'm not joking. That's is the strategy he's following.

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

#108

Post by gremlinsinc »

User23 wrote: post #106
gremlinsinc wrote: post #93

Earlier quoted context omitted.

Democratically is a stretch, republic-ly is more accurate. True democracy, everyone could simply vote by a handheld device, without registering to vote, all citizens regardless of criminal background would be allowed, and they'd be given an entire month to do so. Then the popular vote would say who's elected or not. No gerrymandering, technically in a true democracy we wouldn't have a president, though. We'd vote on…

True democracy would select representatives through a lottery draft.

Haha, would it be any worse than the congress we have now?

I mean a round-robin lottery would probably have a better approval than the dismal 15% congress has now.

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

#109

Post by radlad »

frgtpsswrdlame wrote: post #105
luma wrote: post #72

Earlier quoted context omitted.

I understand the rationale, which is pretty clearly laid out here: https://ustr.gov/sites/default/files/Section%20301%20FINAL.P... What I don't understand is the response. The burden of this cost has entirely been placed upon US businesses purchasing products from (in many cases) the only place you can buy them and then assembling the completed product in the US with US labor. As someone doing small-scale production…

Yes but I see your comment as a rationale for an additional tariff that covers your circumstance. In what way would you punish China for their bad actions regarding US technology?

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.

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

#110

Post by nodesocket »

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.

Thank you, I'm glad you were able to deconstruct the sentences critically instead of emotionally triggering.
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