re: American Chamber of Commerce in South China "US companies leaving China"

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The idea that moving to the less developed countries means that they will have better IP protection or better financing options is just laughable. They will have those same problems in places like Viet Nam.

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China is the most dangerous government we have seen since the Nazi party was in control of Germany. Vietnam doesn't have a 30 year plan to become the most powerful country in the world.

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Home Depot said in their conference call that the proposed tariffs will result in $1 billion in increased annual cost.

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$1Bn sounds bad. It does. However, HD's annual sales are ~$110Bn, so in reality, it is <1%.

I'll help him out. Gloves. You will pay ~20% - 25% more on any and all gloves b/c a majority of all gloves are manufactured in China. There are plenty more products...how do I know? I import for a major retailer. Just listen to the earnings calls this week...you'll hear all about it. The 25% tariffs are going to sting...and most companies will leverage raising average prices and not just the specific items that are directly tariff impacted. So, to better answer the question, most products will be affected and the individual retailer will decide which and how much...but let's be clear - these will 100% be passed on to the consumer.

Whether people align on the debate of Tariffs...Trump has one goal and one goal only: Pressure to move manufacturing out of China - why? less manufacturing reduces the GDP in China and hurts their economy. There are a myriad of reasons why he is doing it, but the goal is clear.

Side note, manufactures have been chasing lower wage rates for years. The expansion into Vietnam started a few years ago when Chinese wages started to rise. We strategically started sourcing from alternatives to keep prices down. Vietnamese wages were 1/10 of Chinese wages, so many companies began building the infrastructure years ago. India and believe it or not, Mexico/S. America are the newer hotbeds. If India could ever ship on time, they would be more of a force.

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I'll help him out. Gloves. You will pay ~20% - 25%

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So 4 dollars on a once a year purchase?

I want to know the cost on a daily or monthly product

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I didn't see any questions from you.

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Odd. There were two (2) questions in the post (my post) which you were responding to.

(1) So you didn't understand what I am asking for?

and

(2) Do your sources indicate the CPC has maxed out that capacity?

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harmonic code

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Lmao!!! He did the same thing in my other thread. "Until you can read and understand the 301 Directive ".... which is a 2006 intel directive... I had to show him he was using the wrong term and words....

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I import for a major retailer.

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Good.
Then perhaps you can answer the question I was asking:

Reports are the CPC has successfully mitigated many tariff effects at the 10% level. How much did Chinese glove wholesale pricing actually increase with the 10% tariff?

Gee I B Chinaman logs out and a helper bear magically appears.

Too late Tree has left the building.

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Mooresville. You're right up the road. On the lake?

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And has logged out, alter has left the building.