Dems on Tariffs: Who has the dumbest take? Let’s go with that one!
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https://www.zerohedge.com/markets/chinese-sellers-amazon-panic-after-trumps-tariff-bazooka
Chinese Sellers On Amazon Panic After Trump's Tariff Bazookaby Tyler Durden Thursday, Apr 10, 2025 - 06:50 AM
President Trump announced an increase in tariffs on Chinese imports to 125% on Wednesday afternoon, following the Chinese government's move to raise tariffs on U.S. goods to 84%. So far, the Chinese Communist Party has not taken retaliatory action on the latest tariff round. These steep tariffs are poised to crush Chinese sellers that have long dominated Amazon's marketplace by flooding the U.S. with cheap junk.
Data from SmartScout shows that most of Amazon's sellers are based in China. Over the years, Chinese sellers have figured out how to cut out intermediaries and use Amazon as a direct-to-consumer marketplace for low-cost goods such as electronics, toys, household items, and fashion accessories.
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Bucky said we were wrong about minimum wage too.
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What article did you read?
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Ok we’re playing stupid. Specifically that Apple News article you read when you clicked on the AMZN stock symbol this morning.
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Once again this has stupid mob mentality on this thread. Why don’t you guys analyze the fact @Bob_C wrote a green circle analysis while HuskyBuck continues to deliver double black diamond analysis? Of course you can’t, but I’m not surprised. Your hardest hitting analysis against me many times is critiquing my use of copy paste on this y2k backend forum.
For those on this board who can’t afford skiing (probably the majority and @EverettChris) that’s a reference to the fact that green circle is easy…aka an easy take. Double black requires skill (for example my pilot responses require pilot knowledge).
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lol, not sure I’ve ever clicked on an Apple News article or even know how to do it.
I wasn’t even talking about the 3rd party sellers as Amazon just takes a VIG on that stuff. I was referring to the inventory they own which I know they target under 10 weeks of forward looking supply on and are exposed to COGS changes.
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The problem you gals face is this: the economy had ridden out what in fact proved to be very transitory inflation (well below historic averages by 2023-24) because the top 10% of American households by net worth kept spending even in the face of price increases. They did so because they looked at their portfolios and felt rich. The impending Good Recession will be largely due to the fact that they stop this spending as they watch their holdings sway erratically. Now the impending Good Recession will act as a check upon inflation for a bit, but not for long, because for no good reason whatsoever, Daddy has decided to impose inflation on the economy with his tariffs and tax relief for billionaires. Your best hope is that the Good Depression arrives to quell those price increases.
Btw, the WSJ ran an article today on the enormous trade surplus we have with the world in services. Daddy has jeopardized that as well—it's hard to recapture goodwill.
Self-inflicted wound. You girls, emotional creatures that you are, voted on the basis of your enormous resentments with the status quo. You've cut off your nose to spite your face. Enjoy!
You're welcome.
(I know, Race. "Meltdown!" Goes without saying. Let me spare you the effort.)
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lol, still calling Biden’s inflation transitory. Even Yellen gave up on that one.
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Yeah, well double black diamond just lost 25% of his portfolio.
A little more like the rope tow if you ask me.
