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Wyze pays $255k of tariffs on $167k of floodlights

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Re: Wyze pays $255k of tariffs on $167k of floodlights

#3

> https://xcancel.com/WyzeCam/status/1917662183036706849 They’re getting attacked in the replies.

The top voted comments I see are all supportive so far.

There are a lot of comments asking why they don’t move manufacturing to Seattle. This theme is common among people who don’t understand how manufacturing works right now: They don’t realize that a product like this has many different parts from different places, down to the dozens of little SMT capacitors. You can’t just move the factory and avoid tariffs because the parts still come from other places.

Re: Wyze pays $255k of tariffs on $167k of floodlights

#4
post #3

> https://xcancel.com/WyzeCam/status/1917662183036706849 They’re getting attacked in the replies.

The top voted comments I see are all supportive so far. There are a lot of comments asking why they don’t move manufacturing to Seattle. This theme is common among people who don’t understand how manufacturing works right now: They don’t realize that a product like this has many different parts from different places, down to the dozens of little SMT capacitors. You can’t just move the factory and avoid tariffs becaus…

> can’t just move the factory and avoid tariffs because the parts still come from other places

Trump has already started blinking on the China tariffs. It would be madness to move operations in the midst of this chaos—you’d immediately be undercut by cheaper competition.

Re: Wyze pays $255k of tariffs on $167k of floodlights

#7
post #3

> https://xcancel.com/WyzeCam/status/1917662183036706849 They’re getting attacked in the replies.

The top voted comments I see are all supportive so far. There are a lot of comments asking why they don’t move manufacturing to Seattle. This theme is common among people who don’t understand how manufacturing works right now: They don’t realize that a product like this has many different parts from different places, down to the dozens of little SMT capacitors. You can’t just move the factory and avoid tariffs becaus…

I don't think there's enough manufacturing capacity in Seattle to absorb this. There are plenty of CMs here but they're small and midsized, not the big boys. And they're not in the habit of running mostly empty.

Re: Wyze pays $255k of tariffs on $167k of floodlights

#8

Feels like maybe the tariffs are working if they’re talking about moving their production stateside?

They said they’re looking to “move out of China,” but that almost certainly doesn’t mean the U.S. Probably India or Vietnam, maybe Turkey or Malaysia.

Re: Wyze pays $255k of tariffs on $167k of floodlights

#10
Ryan Pertersen (Import Genius and now Flexport) said that if these tariffs continue on China, 80% of small and medium-sized businesses that buy from China will go bankrupt. Over 2 million jobs will be lost. He is not the only one calling for a small business Armageddon. The big corporations love it, companies like Apple got exemptions, it's why you don't here them freaking out.

Hope Wyze makes it through this, long-time customer, and their cameras are great.

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