Favorite team:LSU 
Location:BR
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Number of Posts:3587
Registered on:8/12/2008
Online Status:Not Online

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are we really to a point where trump is calling 2 of his supreme court nominees an embarrassment to their families because they didn't give trump the power the constitution never wanted him to have? gorsuch and acb are two of the most trustworthy and upstanding citizens of this great nation. clown world.
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I'm so happy you're mythical check for your mythical purchase will be mythically less than it was when you started your mythical conversation about your mythical company!!!



thanks! :usa: :geauxtigers: :usa:
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yep all your problems are solved


always ups and downs with running a $100M business but sending less money to the government is always a plus.
looking like the check to customs will be $185k less than if we cleared the goods last week. a little bonus to each of my employees incoming! :usa: :nana: :usa:
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This EO affects IEEPA duties only and does not affect any other duties, including duties imposed under section 232 of the Trade Expansion Act of 1962, as amended, and section 301 of the Trade Act of 1974, as amended.

CBP will provide additional guidance to the trade community through CSMS messages as appropriate.


i know! great news!
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there she is, boys! tariffs imposed under the IEEPA are no longer in effect starting tomorrow. a little relief for many american businesses. :usa: :usa:
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The slaves in India who do all your shite?


do you hate all companies that source from overseas? boycott their products?
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Until a domestic competitor steps in.


again, tariffs would have to be about 300% with all Asian countries for this to happen. not sure we want that.
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well you've done a nice job.....


thanks!

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and you are correct there are some businesses and some industries that have been negatively affected by the tariff policies of the last 12 months.....


glad we can agree :cheers:

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but you've done a nice job of shining a light on this issue and the way a particular business (yours) has reacted to it.


thanks. just trying to show some people on here that some businesses can't just pass on the tariff amount and continue on as normal.

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best of luck to you in your highly competitive marketplace.


thanks. it has been a little more difficult than normal but we will survive. i am blessed with a great team. a bunch of them lsu grads. :geauxtigers:
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There are no American companies in China. They have to divest ownership.


not talking about china.

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If I have to explain my comment then the person who doesnt understand tariffs is you.

If you care about sovereignty and not allowing the US to get in a place where we rely on other countries (that seem to hate us) for our necessities- yes raise the tariffs and bring manufacturing home.

If just want cheap shite- don’t raise them.


There the answer to your question.


it will never be one or the other. you know this.
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so some competitors just have $1M items laying around "old" and in stock?


yes, many competitors, including myself, have millions of dollars of inventory some of which is over a year old. shelf life for this product is pretty long.

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and they have so many of these laying around that the "not subject" to the same tariff you are is significant.


some, yes.

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so you operate in a business environment that is competitive enough to have "competitors who are hungry for market share" and you think the best way to compete is to do nothing but pay the tariff imposed, (at the moment of delivery which in your example of whip sawing tariffs just happens to be the peak point).


sometimes there is no other option. i am constantly bringing in product for customers and for stock. i need to do this to keep the business running. i have to pay the tariff amount that is in effect when the container gets to the port. and when that tariff amount doubles overnight, it makes it difficult to manage cash flow.

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you seem to always have a reason why you're the only guy in this supply chain who's at a disadvantage.......


the entire point in sharing all of this is to show that there are some businesses / industries that are negatively affected by the tariff policies of the last 12 months. it is a reality.
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Who is we? The slaves in India who do all your shite?


the people in India have been great and have significantly contributed to our success.
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China


wrong country

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So consumers won’t even notice if his poorly run company propped up by China disappears

Oh well


i wouldn't say poorly run. we were able to grow from 0 to $100M in 20 years so we have been fortunate. but wanting louisiana businesses to fail....damn.
also, costs can vary for the same product. for instance, if i make product A in india for $50, my competitor may be able to make product A in china for $35.
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so these customers are going to find another vendor who can pay the 50% tariff and figure out a way to price the product less than you have?

have you ever considered that maybe those vendors have found a different way to get (some or all of) the tariff paid?

nevermind.........


some competitors have old stock that was not subject to any tariff. and some compeittors are hungry for market share and will cut margin to get it.
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could possibly be a great day for louisiana. may pay 0% in tariffs for all the product i have at the port right now. will put about $250k into the louisina economy instead of the governemnt's hands!


well, looks like today will not be the day. "U.S. Customs and Border Protection (CBP) has yet to update its Cargo System Management Service to remove the duties imposed by Trump under the International Emergency Economic Powers Act (IEEPA)." we will wait until tomorrow to release the containers. let's hope tomorrow is the day!
and keeping some customers has proven to be more difficult than expected. some customers are so price driven that raising price by even 5-10% will cause them to look elsewhere as there are many other competitors in my industry that have the products they need.
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I'm not real sure somebody who claims publicly to have parted with $15M in the half assed manner you've presented here should be opining on the way somebody "sounds".....


i paid $15M because of the tariff rate at the time of import. could i have done some things differently to offset the extra costs, of course. as i said, it is a complex situation. but i am learning to adjust. it has been difficult at times. margin is down 10% but we are still pushing and working hard to get it back up.
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just this one. And only because golfer was so foolish to part with his money to the gubmint that he doesn't deserve to have it refunded.

at this point I'd be satisfied to find out they gubmint refunded to every business except golfers.

Personally I think anyone who voted for Trump 3 times deserves to have their sweet sweet tariff money kept by the gubmint.


you sound like a great leader