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re: So the tariffs have been executed, but not on goods in transit?
Posted on 5/10/19 at 9:53 am to MrLarson
Posted on 5/10/19 at 9:53 am to MrLarson
Exactly. They are forced to "buy" the business to keep their factories and people working. The cash infusions they have been doing show they have been doing it for a while.
Frankly, we could bankrupt them fairly easily. Or cause a revolt by their people.
Frankly, we could bankrupt them fairly easily. Or cause a revolt by their people.
1
Posted on 5/10/19 at 10:17 am to BuckyCheese
China's trump card is they financed the U S deficit. This is the real dangee for Trump.
Posted on 5/10/19 at 10:25 am to More&Les
quote:
As a business that imports goods from China let me tell you, they needed us more than we need them and a lot of China industry is already gone or going away,
I keep hearing and reading that Chinese Labor costs have skyrocketed over the last decade. Whats your take on that?
Also, about a lot of Chinese industry leaving, I hear the "smart money" is already out of China. Mostly because a lot of them see the shite hitting the fan and that the Communists will seize all "private" industry leaving those taking all the risks twisting in the wind with little recourse. Would love to read your opinion on that as well!
Posted on 5/10/19 at 10:25 am to auggie
quote:
That's fair IMHO.
Posted on 5/10/19 at 10:35 am to UnitedFruitCompany
quote:
I keep hearing and reading that Chinese Labor costs have skyrocketed over the last decade. Whats your take on that?
Yes. They are demanding better wages.
I know the model train industry a bit (yes it is a thing) and costs/prices have been going up quickly. A high end plastic diesel locomotive can retail for over $400. 100% made in China.
Model steam locomotives are hitting $600+ retail.
There is talk of moving production out of China, however finding a workforce to assemble them is supposedly the sticking point. I don't think it will be much of a problem really as it's just assembly. Albiet pretty small delicate parts. Retaining workers is more of a problem due to the tedious work.
Posted on 5/10/19 at 11:06 am to MrLarson
quote:
It was already 10% which they ate over half. Now the 15% increase they are eating half.
Dipshit.
melt harder at me for noting that you're paying 17.5%
i guess for your sake i hope you're passing along at least some of that to whoever's buying from you
This post was edited on 5/10/19 at 11:08 am
Posted on 5/10/19 at 11:07 am to BuckyCheese
quote:
Guess I missed where China has retaliated.
Posted on 5/10/19 at 11:32 am to trinidadtiger
Only in the minds of the most rabid trumpkin is destroying over a trillion dollars in stock market capitalization in only a weeks time a good thing.
Posted on 5/10/19 at 11:34 am to trinidadtiger
IB A DUMMY will be here shortly to melt
oh wait
too late
oh wait
too late
Posted on 5/10/19 at 11:40 am to 90proofprofessional
So we are going to pass along 5.25% to the end user assuming we don't absorb 1/2 of that?
Your snickers bar went up .03 to shore up the American economy.
Your snickers bar went up .03 to shore up the American economy.
This post was edited on 5/10/19 at 11:45 am
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