Tariffs Catch-All

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As U.S. Buyers Cancel Orders, Chinese Factories Say No More Discounts​

U.S. customers will have to absorb higher costs as disruptions from trade war spread​


“…Chen has been working with that customer for more than a decade, he said.

“We’re both very sad, but just can’t do anything about it,” he said, adding that the customer said “sorry” to him in Chinese.

… Capital Economics estimated on Wednesday that shipments from China to the U.S. could drop by more than half in the coming years if the duties remain in place.

… Earlier in the year, some Chinese factory owners offered price cuts for American customers to help them manage two 10% tariff hikes that Trump imposed after returning to office. But now, with average U.S. tariffs so much higher, many say they can’t discount further without operating at a loss.

Some Chinese factories say they are willing to lose orders from U.S. companies and find buyers elsewhere—or idle production if they have to. That would leave U.S. importers with the bulk of the burden of tariffs, which they would likely then have to pass on to American consumers in the form of higher prices. …”
 
nycfan said:

As U.S. Buyers Cancel Orders, Chinese Factories Say No More Discounts​

U.S. customers will have to absorb higher costs as disruptions from trade war spread​


“…Chen has been working with that customer for more than a decade, he said.

“We’re both very sad, but just can’t do anything about it,” he said, adding that the customer said “sorry” to him in Chinese.

… Capital Economics estimated on Wednesday that shipments from China to the U.S. could drop by more than half in the coming years if the duties remain in place.

… Earlier in the year, some Chinese factory owners offered price cuts for American customers to help them manage two 10% tariff hikes that Trump imposed after returning to office. But now, with average U.S. tariffs so much higher, many say they can’t discount further without operating at a loss.

Some Chinese factories say they are willing to lose orders from U.S. companies and find buyers elsewhere—or idle production if they have to. That would leave U.S. importers with the bulk of the burden of tariffs, which they would likely then have to pass on to American consumers in the form of higher prices. …”
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“… The Trump administration has argued that tariffs won’t be as inflationary as many economists fear because Chinese suppliers can shoulder much of the cost. Tariffs are paid by importers in the U.S., but overseas suppliers can help offset higher duties by decreasing the prices they charge. However, economic research has largely found that tariffs are paid for by American customers. …”

GIFT LINK 🎁 —> https://www.wsj.com/world/china/as-...2d?st=fYV9e9&reflink=mobilewebshare_permalink
 
Silence Dogood said:
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I don't use the stock market as a way of judging the economy either.

But when the market plunges so much specifically in response to tariffs, it's sending a message as to what is going to happen next.

The idea that Trump or anyone was vindicated by this shitshow is ridiculous. China is not isolated. We remain isolated. We're still in recession probably. Inflation is going to be a big problem with 150% tariffs on China -- or, to put it another way, our GDP might just fall a lot because a lot of businesses that relied on imports from China will go under.
 
if there is maybe ONE upside to all of this insanity — maybe this will put and end to
buying stupid cheap shit from China. Like all the unnecessary plastic things currently lining the aisles of wal mart or CVS to put in your kids’ Easter baskets… only to get thrown away in a week. Or party favors or toys in the Happy Meal or terrible clothes from Temu or SHEIN. All of this junk that ends up on landfills or (more frighteningly) as spoonfuls of microplastics currently residing in our brains.
 
Silence Dogood said:
Its like you're never tired of being wrong
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You act like this is over and everything is back to normal.

I heard an interview with Oren Cass today, look him up, he is 100% for tarrifs and disagrees with the trump approach.

His position about free trade, credit, deficits, and structured targeted tariffs was so much different than what the orange turd is doing.

Guess we will see if in 90 days... if Trump comes to his senses and stops the global trade war bullshit or if this was just a delay.
 
Silence Dogood said:
And right on cue, many on this board were wrong. People were saying Trump is alienating our trade partners. Now our trade partners are looking to negotiate with us and China is the bad actor here, not Trump.
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1. He did alienate our trading partners. They remain alienated.
2. None of our important trade partners are showing up to negotiate.
3. What are we even negotiating? You can't even tell anyone what you think the end goal is here. Tariffs are not the reason we don't export to Vietnam. We don't export to Vietnam because we don't make much that they want, because we make rich-world stuff and Vietnam isn't rich world. That's why Vietnam offered to drop their tariffs. They do nothing for them.
 


“… And Lutnick runs Cantor Fitzgerald, a major government securities and stock markets company.

Let that sink in!

So, Lutnick saying “this wasn’t a walk-back” while the bond markets cratered and tariffs got paused is peak gaslighting.

Markets don’t lie, people do. This isn’t conviction, it’s cleanup and grift. And pretending otherwise insults everyone living with the fallout.“
 
tallheel95 said:
if there is maybe ONE upside to all of this insanity — maybe this will put and end to
buying stupid cheap shit from China. Like all the unnecessary plastic things currently lining the aisles of wal mart or CVS to put in your kids’ Easter baskets… only to get thrown away in a week. Or party favors or toys in the Happy Meal or terrible clothes from Temu or SHEIN. All of this junk that ends up on landfills or (more frighteningly) as spoonfuls of microplastics currently residing in our brains.
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Maybe you're right.

The problem is that they also make a bunch of stuff that we actually DO need, that no other nation can make en masse to fill what we actually do need.

If China really wanted to eff us, they'd launch their invasion into Taiwan tonight. The entire global economy outside of commodities would fall to pieces.
 
superrific said:
1. He did alienate our trading partners. They remain alienated.
2. None of our important trade partners are showing up to negotiate.
3. What are we even negotiating? You can't even tell anyone what you think the end goal is here. Tariffs are not the reason we don't export to Vietnam. We don't export to Vietnam because we don't make much that they want, because we make rich-world stuff and Vietnam isn't rich world. That's why Vietnam offered to drop their tariffs. They do nothing for them.
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do good is nothing but a fucking parrot.
 
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