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10% duties on all Chinese goods on 2/1

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It must be annoying having to suddenly pay this duty but I would rather pay it than save 10% and buy an inferior drone.
 
Are you suggesting that I or someone above doubts that Temu actually ships from US warehouses?

I'm opining they do ship from US warehouses and that it would be bad business to promote they do, if they don't. Not shipping from US warehouses could mean shipping by slow boat and possibily an increase in pricing if there are on again-off again tariffs in play.
 
It must be annoying having to suddenly pay this duty but I would rather pay it than save 10% and buy an inferior drone.

What's really annoying to me is the tariff Sheriff's attempt to delude the general public that manufacturers, distributors, vendors, and importers at large will eat the tariffs and it won't cost us the consumer any increase. I've stopped paying attention to the State of the Tariff and just consider if the price is what I want to pay.

I wouldn't buy an inferior anything to save a few bucks. So if a quality drone or other product gets pricey for any reason I'll just hold off a bit. The last thing I want is a good new bad news situation – "Good news! Your drone/whatever is ready for pickup. Bad news! You own $80 in Customs duties. Have a nice day."

I've only ordered small bits directly from CN and a couple of watches from JP. The former never had duties added, but I was sweating the watches but they passed duty free as well. For the most part I'll be ordering from a US distributor/etc, so I'll know the cost of admission before we pull the trigger.
 
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What's really annoying to me is the tariff Sheriff's attempt to delude the general public that manufacturers, distributors, vendors, and importers at large will eat the tariffs and it won't cost us the consumer any increase. I've stopped paying attention to the State of the Tariff and just consider if the price is what I want to pay.
Instead of "eat" I believe the word "absorb" is the word of choice from those who try to pretend the additional cost becomes irrelevant as long as the end-consumer doesn't have to pay it directly.
 
Instead of "eat" I believe the word "absorb" is the word of choice from those who try to pretend the additional cost becomes irrelevant as long as the end-consumer doesn't have to pay it directly.

Yeah their word choice is a spin but that's all it is. I'd say the pretending is really about the end-consumer not paying directly. To most of us this additional cost is irrelevant if we don't have to pay it. Either way it is pretending.
 
This might give the situation some perspective and point out that "absorb" isn't within anyone's vocabulary:

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whatever you've been reading might simply be a negotiating tactic. I'm not convinced that significantly increasing the cost of goods from any one country would benefit the US as a whole.
my understanding is negotiations at some level is currently ongoing and thru private channels, the US warned China about retaliatory tariffs but seems like that fell on deaf ears.

when you try to use tariffs to hurt the other country economy then perhaps that's fine but when you don't realize they can do the same to hurt your economy then the strategy is a bit misplaced if you can't accept the pain while giving it. personally I just don't think this game of who can withstand the most damage is sustainable especially when that person has no skin in the game and risks little to nothing and is basically gambling with other people's money.
 
Wow, all this is old news from earlier today- new updates are that China reciprocated with their own tariff increase and said they were done with it because the tariffs are now so high that nobody in the US will buy their stuff. China is now turning its business towards other countries and is planning on developing new trade agreements with them.
 
Wow, all this is old news from earlier today- new updates are that China reciprocated with their own tariff increase and said they were done with it because the tariffs are now so high that nobody in the US will buy their stuff. China is now turning its business towards other countries and is planning on developing new trade agreements with them.
This is the response I've heard to this: If anyone prepares a new trade agreement with China, they can expect their own tariffs into the US to go from currently 10% to 50% and even 100%. 🇺🇸
 
China absolutely does not care about the continuing trade with the US at this point. The US is only about 15% of the China trade market and they can absorb that by doing trade with other countries that are also being hit with US tariffs.
I'm not an economist but I don't see any way this won't result in inflation.

I have a newer fridge, dishwasher, washer/dryer, TV, drone, etc and I am going to be lucky to live 20 more years so I think I can survive the next 4 years without buying anything high end from China. I have my needs met.

As of this typing, it's reported that China is imposing 125% tariffs on the US. They will NOT blink.
 
US companies are starting to figure it out after the word is spreading on how to handle the crisis. Simply make a strong "promise" to invest and you'll find relief from the tariffs. Looks like $500B is the right amount to get the attention of those in charge. If giving the government the opportunity to brag about their financial skill and prowess is enough to convince them to back off then so be it. None of these countries have any real intentions to invest as such especially when it has always been the plan to invest a smaller amount in the US; after all they *are* American companies. Run out the clock and live to fight another day. Kinda reminds me of the rare earth minerals we'll never receive from Ukraine as repayment for war supplies:

 
China absolutely does not care about the continuing trade with the US at this point. The US is only about 15% of the China trade market and they can absorb that by doing trade with other countries that are also being hit with US tariffs.
I'm not an economist but I don't see any way this won't result in inflation.

I have a newer fridge, dishwasher, washer/dryer, TV, drone, etc and I am going to be lucky to live 20 more years so I think I can survive the next 4 years without buying anything high end from China. I have my needs met.

As of this typing, it's reported that China is imposing 125% tariffs on the US. They will NOT blink.
It's closer to 30%. Don't believe the Chinese propaganda that is spreading right now. Chinese bots are all over social media spreading their BS. It is easy to spot them if you pay attention. Look for accounts posting more than humanly possible every day. If you had a business that lost its largest customer, be it 30% or 15%, would you fight with them or try to get them back? China is bluffing. There will be a comprimize comming.
 
It's closer to 30%. Don't believe the Chinese propaganda that is spreading right now. Chinese bots are all over social media spreading their BS. It is easy to spot them if you pay attention. Look for accounts posting more than humanly possible every day.
I don't follow Chinese propaganda since I've had well-established reputable sources for information prior to this year. It simply isn't possible for me to be bombarded with Chinese propaganda when I know exactly who I am listening to and what they are saying. I understand there are people who casually browse around the internet and open themselves up to whatever is thrown their way while they are "socializing" because they have no filters and no discipline and when you combine that with the lack of knowledge about your own history or the basic understanding of economics then yes, you could get fooled by the bots. My guess is it's the fringe on either side that is getting hit the hardest and who would even notice the "increased activity" but that's understandable since they are the most gullible victims.

If you had a business that lost its largest customer, be it 30% or 15%, would you fight with them or try to get them back?
China should work hard to get Boeing back or Boeing should fight to get China back?


China is bluffing. There will be a comprimize comming.
Of course there is a "compromise" coming or whatever you call it, not because someone is faster or stronger or smarter. But because this sitaution is economically unsustainable. The question is who are you going to believe blinked and who are you going to believe got hurt the most during the fight and who are you going to believe got the best deal as a result of the compromise? Nobody cares what's in the deal (there are only so many ways to work a massive trade deal and any future deal won't be much different than the past deal) but these days people are only concerned about winning/losing even if it means destroying people's lives and compromising your morals and integrity. However, as long as the people enjoy the entertainment and the theater, that's all that matters, right?
 

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