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Arctic Fox 11-08-2024 08:42 AM

Buying from China
 
Will be interesting to see if there is a surge in imports from China in the next two months, with the likelihood of increased tariffs after that.

A bike tire I ordered on-line two weeks ago was sourced direct from China and arrived yesterday, and I suspect WalMart will have a larger number than usual of huge container ships heading our way.

Two Bills 11-08-2024 08:47 AM

Quote:

Originally Posted by Arctic Fox (Post 2384913)
Will be interesting to see if there is a surge in imports from China in the next two months, with the likelihood of increased tariffs after that.

A bike tire I ordered on-line two weeks ago was sourced direct from China and arrived yesterday, and I suspect WalMart will have a larger number than usual of huge container ships heading our way.

Tariffs or not, goods from China will be with us still, for a very long time.
Tariffs are just price rises for the customer.

Bogie Shooter 11-08-2024 08:47 AM

If tariffs…then you can buy US made. That’s the plan right?

Topspinmo 11-08-2024 08:49 AM

Temu Cutting into Amazon profits it was already in works before election. We Can figure out why. Only certain things are tariffs, can’t tariff everything from China cause last 60 years majority manufactured/casting comes from China. Hence the middle man mentality, why built it or produce it when don’t have to.

Topspinmo 11-08-2024 08:51 AM

Quote:

Originally Posted by Bogie Shooter (Post 2384916)
If tariffs…then you can buy US made. That’s the plan right?


Maybe in 20 years unless attitudes change.

phylt 11-08-2024 08:56 AM

IMO much ado about not much.

I feel that many of these tariffs will be targeted, and not sweeping anti-China etc.

For sure, vehicles from China and probably Mexico would be targeted - as they should be.

We DO need to manufacture MUCH more in our domestic production, especially critical pharmaceutical etc.

Our country needs to be completely prepared and focus on OUR country. So many others have taken advantage of us over the years. Especially allowing Corps et al to run amok exporting jobs and enriching themselves despite endangering the country.

Myself, I'll wait and see what happens. The sky is NOT falling. IMO the clouds are opening and the sun will shine brighter.

Stu from NYC 11-08-2024 09:34 AM

If tariffs go from 25% to 60% that will greatly affect Chinese imports. Watching closely.

rustyp 11-08-2024 10:19 AM

Quote:

Originally Posted by Stu from NYC (Post 2384932)
If tariffs go from 25% to 60% that will greatly affect Chinese imports. Watching closely.

And greatly increase the price of goods to us. Then we will demand wage increases to keep even. Thus the inflation spiral will begin. When it comes it comes in on an express train.

Pondboy 11-08-2024 10:30 AM

So who do you blame for all the good sourced from overseas?

The people who just look at the cheap price vs. the quality and origin of the goods…..or the manufacturers who outsourced the goods because they didn’t want to pay a fair wage (and benefits) to the American workers…..or the US manufacturers who did not have smart and creative employees (due to a poor educational system) to develop new cutting “edge technology”to the market.

When was the last time you sought out goods made in American and knowingly paid more for them ?

Also, who do you think is paying all those tariffs? We are, the consumer.

Don’t blame China or the rest of the world, they are just filling a need.

jimbomaybe 11-08-2024 10:35 AM

Quote:

Originally Posted by rustyp (Post 2384945)
And greatly increase the price of goods to us. Then we will demand wage increases to keep even. Thus the inflation spiral will begin. When it comes it comes in on an express train.

Inflation will work its way through the economy , tariffs will make imports more expensive ,certainly at the same time making American goods more competitive price wise, wage increases inflation adds to , as the workers feel the pinch

retiredguy123 11-08-2024 10:39 AM

The idea of manufacturing goods in the U.S. may sound good, but people will always buy the cheapest products regardless of where they are made.

Arctic Fox 11-08-2024 01:00 PM

Quote:

Originally Posted by Two Bills (Post 2384915)
Tariffs or not, goods from China will be with us still, for a very long time. Tariffs are just price rises for the customer.

Interesting things, tariffs, and there are many reasons for applying them.

China currently produces 80% of the World's solar panels, so of course it can make them cheaply - that is the whole point of mass production.

However, the USA imposed tariffs on them claiming that they were being sold "below cost".

If they are, surely the best way to get at that company (or country) is to buy as many of that product as possible? That way you, get them nice and cheap, and on every one you buy the company is losing money. It can't keep doing that for ever and will soon have to raise its prices to cover costs.

Many tariffs are imposed to protect local manufacturers. This is not the case for solar panels where the USA does not have the capacity to meet demand, and can sell all ot produces to people who want to buy USA-made products.

The major reason for imposing tariffs is to raise revenue for the Government (under the guise of doing what's best for the local manufacturers, of course).

fdpaq0580 11-08-2024 01:08 PM

Quote:

Originally Posted by Bogie Shooter (Post 2384916)
If tariffs…then you can buy US made. That’s the plan right?

That's the plan, but it doesn't always work. Supposed to "level the playing field" so imports don't have unfair price advantage over US goods.

OrangeBlossomBaby 11-08-2024 01:10 PM

Quote:

Originally Posted by Bogie Shooter (Post 2384916)
If tariffs…then you can buy US made. That’s the plan right?

There are lots of things that people consume or purchase, that aren't made in the USA at all. And many of those things that ARE made in the USA, use components that are made in China.

Prices will be going up on just about everything other than LOCAL produce and meats. Why? Because trucks that deliver stuff to the supermarket are made with components that come from China.

In addition, the whole reason we all buy things from China instead of manufacturing here in the first place - is because no one here wants to work for the low wages needed to provide these products to us, for the same prices that we pay from Chinese imports. So we'll be looking at either a) a massive increase in prices for products newly-manufactured in the US to accommodate the pay, insurance, and other expenses involved in having American employees, or b) a massive drop in pay and massive increase in people who can no longer pay their bills.

It's just so myopic to assume that we'll be fine if we just buy from US manufacturers.

fdpaq0580 11-08-2024 01:18 PM

Quote:

Originally Posted by retiredguy123 (Post 2384952)
The idea of manufacturing goods in the U.S. may sound good, but people will always buy the cheapest products regardless of where they are made.

Personally, I generally prefer to buy the best product I can (reasonably) afford. Sometimes the old saying, "that you get what you pay for ", is true. Sometimes, it's not. Let the buyer beware.


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