Tariffs Worked “Spectacularly Well”
Comments
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Only one of the Chinese customers has asked for price cuts and I went down marginally. Roughly a 6% drop but their hands are tied too because we operate in a niche oil and gas spot of the marketplace with only a few global suppliers:
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Pay up, Bitch. You post daily from 8:30am-11:30pm so it would pencil out to premise per hour for you, big wheeler.
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*pennies per hour
Can’t even edit now without a glitch.
Anyhow, pay your fucking bill, Troll.
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You only use first-order thinking. “Americans pay for the tariffs.”
While technically true, it’s brazenly myopic. Until you can reason beyond that narrow mindset, it’s not worth talking about.Hope this helps.
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It's hopeless here since you can't position yourself in reality.
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Which reality am I missing? Please, do tell.
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So far you’ve been wrong
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AOG has gone from consumers pay 100% of tariffs to US importers are writing the checks for tariffs (which is laughably irrelevant).
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A real world example is that we are doing our first runs of a couple lines in Taiwan this week and Mexico in the next couple weeks.
This is a major hit for China. After Covid every company that isn’t retarded made some inroads toward moving away but didn’t really pull the trigger. Because no one is going to go full hog unless really forced because it takes investment in these other places as they aren’t as ready to go out of the box.
The tariff situation has forced their hand and once the investments are made to move from China they aren’t going to go back.
So let’s say using the company I’m at we move a third of our stuff. Of course it’s the most important high dollar products. The lesser ones can stay and/or move away with less urgency.That hits an export economy like China in a big way and even more devastating, every bit of investment into other competing counties snowballs and makes them more competitive over time.
China has been acting like an asshole for so long that their companies are going to have to make major changes to make it worth doing business with again. The shady shit they get up to is absurd. And the domestic regulatory agencies are fed up with it so it keeps putting a bigger burden on the importer to do more crap.
So when dumbasses are like ”hardy har har it’s just a tax!” they completely miss the point.
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Yeah, new foreign investment is doa for China unless they have dirt on you (Ray Dalio).
Other markets are going to continue to scale and eat their lunch in 100 different sectors.
