nickjj
Well-known member
So will manufacture of tools and jacks return to the US, will some other low cost nation step up, or will they just add the 10% extra onto prices?
tariffs on tools and jacks
- Thread starter nickjj
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No.
Since most of these companies sell globally, it would be stupid to move the production back here because of tariffs.
Will just pass whatever the tariff costs are on to the US consumer.
It's a lose-lose situation, for the American consumer anyway, which was too ignorant to figure it out.
Higher prices for imported goods, or higher prices for American made goods,
Either way, it's higher prices.
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Since most of these companies sell globally, it would be stupid to move the production back here because of tariffs.
Will just pass whatever the tariff costs are on to the US consumer.
It's a lose-lose situation, for the American consumer anyway, which was too ignorant to figure it out.
Higher prices for imported goods, or higher prices for American made goods,
Either way, it's higher prices.
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Last edited:
ole442
Well-known member
We shall see if Trump can get a deal with the Chinese! I think it's a 50/50 chance. The tariffs on a lot of Chinese manufactured items will still not make them more expensive than an American made product! American made in most instances was/would be a better made product IMO!I have has some very well made Chinese products and some crappy made ones as well! The Chinese are ruthless......I worked for a Chinese company for a while. I have seen the friendly side and I have also seen the arrogant side of them. The Chinese have a lot of leverage so if Trump can get a decent deal it will surprise me. The Chinese thing should have been taken of a long time ago......but then, I suspect all the politicians who have been receiving big bucks from them didn't want to wean off the ***!
Negen
Well-known member
All the more reason to not but China made products better products can be found from other countries we just need to get the retailers to retail the better made stuff.
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dthor68
Well-known member
Normally, I buy what I can afford. About 15 years ago I bought a GE washer and dryer that were made in China. Never had a single problem from either. 2 years ago we purchased a Maytag set made in the USA. We have had nothing but problems from both washer and dryer.
dthor68
Well-known member
I figure tools will all go up in price pretty soon. A little heads up to anyone that likes Gearwrench stuff, Advance Auto has their socket sets half price. I got 3 sets for right at $50.00!
ScottsGT
Well-known member
20 years ago I knew a guy in the model airplane engine business. He tried to broker a deal with a Chinese company to build the engines for him. They took him for $30G's, never delivered any produce and laughed at him. He tried to get our state department involved, Chinese gov, they all could have cared less.
I bought computers from a guy who had sources for components in China. Same deal, they took him for a bunch and he went broke because of it.
No recourse.
Nick Danger
Well-known member
Retailers stock what sells. Look at the top-sellers in any category on Amazon, who sells everything. Consumers want the least expensive item that will do the job sufficiently well. Their top selling socket set isn't Wright. It's Stalwart.
https://www.amazon.com/gp/bestsellers/hi/553372/ref=pd_zg_hrsr_hi_1_5_last
My guess is you might have issues with new GE too. It's hard to compare new against 15 years ago. Like the saying goes, they dont build 'em like they used too...
Get yourself a Speed Queen
ctb
Well-known member
Really? You guys are in a trade war with effectively the whole of the civilized world. Just where do you expect to go to avoid foreign tariffs?
L5wolvesf
Well-known member
I agree with most of this, exception being I read on a business site (forgot which one now) the Chinese are considering moving some production to other cheap labor countries.
In the long run consumers lose trade wars.
Nick Danger
Well-known member
Schurkey
Well-known member
Good. They're Communist Collaborators and got what they deserve.
If only EVERY Chinese business deal went like that.
BRING ON THE TARIFFS. We should replace the personal income tax with an import tax paid at point-of-purchase.
North Korea.
There might be some truth to that.... NK might be the next producer of cheap / cheaply / low labor cost goods to replace China(I think this was mention in other thread, China is getting too expensive when their standard cost of living rises).... One of the bleeps mentions was they wanted NK to be like Vietnam.... which they are already producing some of the stuff that are too costly in China... like your DVDs etc. I am wondering what sweet heart deal was offered to NK to bring their economy up.
Not sure other countries...
but look for example, Japan, South Korea, China, well USA used to produce craps for England... .
Just saying...
PelicanPines
ALLIANCE MEMBER
The only thing that will happen...
We (the US)… will lose hundreds of thousands of jobs
We (the US)… will add a few hundred manufacturing jobs
We (everyone everywhere)… will pay more for everything
We (the US)… will lose hundreds of thousands of jobs
We (the US)… will add a few hundred manufacturing jobs
We (everyone everywhere)… will pay more for everything
rossomania
Well-known member
I mostly buy built and made in USA: Stihl, Proto, etc. I’m glad I completed most of my major tool purchases for the year before this trade and tariff stuff started, though. I can’t predict who the winners will be in all this, but consumers will be paying more for everything, imported or not, by the time it’s over.
but this is like a bandage to the problem.... I can out beat the gas price by refilling my tanks and even my containers before the price rise.... but if the price of gas kept rising, sooner or later, I'll needed gas at the higher price...
probably this after some convoluted face saving shows and claims of credits....
rossomania
Well-known member
True enough. The tools I buy are durable; with proper maintenance and care they should serve me for a long time. But tools certainly aren’t all I buy. And, yes, I buy a LOT of fuel over the course of a year. Still, I’m glad for any modest savings I’ll get from purchasing when I did.
Good luck to all of us.
It's just mind-boggling that people don't realize the price of everything is going to go up.
If they cause the dog food companies operating cost to increase, they're going to pass it along higher price dog food.
I'm betting that those who cheered for the tarrifs, will be bitching about it the most.
That's the way it usually works.
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If they cause the dog food companies operating cost to increase, they're going to pass it along higher price dog food.
I'm betting that those who cheered for the tarrifs, will be bitching about it the most.
That's the way it usually works.
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ScottsGT
Well-known member
Problem is, there are no manufacturers of gas model airplane engines in the USA (at that time). His hands were tied. Go to China, or don't make the product. And trying to start sourcing out to casters, cylinder mfgs, etc. would have placed the product totally out of the hobby market. It was already a $1000 engine. It would have been $10,000 or more if he had to start up a foundry for making twin cylinder cast aluminum gas engines.
FWIW, the guy did own a company making (in the USA) reproduction flintlock rifles and he provided all the rifles for the movie "Last of the Mohicans". He was a big USA mfgr supporter. It was the only option.
Schurkey
Well-known member
Nobody in Taiwan could make it?
Nobody in South Korea could make it?
Nobody in Mexico could make it?
Each of these countries is non-Communist, each one has metal casting and machining capability. There's plenty of other countries where this could be done.
Red China is NEVER the "only option". It's the lazy option, and often the "cheap" option.
Weird Tolkienish Figure
Well-known member
Weird Tolkienish Figure
Well-known member
These goobers will never understand that it isn't the 1950's anymore. It doesn't take 100 workers to make a wrench anymore, most of this stuff is automated. Meanwhile this will just decimate trade.
Schurkey
Well-known member
I would be THRILLED BEYOND BELIEF to "decimate trade" with EVERY country we currently have a trade deficit with.
Bring it on! Sooner is better.
Start with the Communists--China, Viet Nam, etc.
M_George
Well-known member
This might even give the American companies like SK, Wilde, Channel Lock and others a boost.
Weird Tolkienish Figure
Well-known member
Didn't work so well in 1931. I don't think even Trump is dumb enough to want to decimate Trade.
Many countries did side deals outside of the US market anticipating problems. One of the points in many of them was no tariffs.
If the US market becomes unfavorable to impossible the goods will simply find another destination.
There is no need to try to bargain with a myopic monster in many cases. Production snd products will have to change, this is fact. The world will continue to turn for the rest of us. We will learn to live without US product or learn to make it ourselves.
It has been a while in the preparation but is fact. Easier to do without than deal with a volitile mess.
If the US market becomes unfavorable to impossible the goods will simply find another destination.
There is no need to try to bargain with a myopic monster in many cases. Production snd products will have to change, this is fact. The world will continue to turn for the rest of us. We will learn to live without US product or learn to make it ourselves.
It has been a while in the preparation but is fact. Easier to do without than deal with a volitile mess.
Where are we going to get the workers to work in these tens of thousands of factories, or, do we just do without?
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Magic... and just puff more magic pixie dust. LMFAO... some people just blame but never just looked at the whole picture.
TangoFoxTrot
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Fear of tariffs brought Apple/Foxxconn to manufacture in the United States.
Largest company on Earth. Now opening a manufacturing plant in Wisconsin.
These tariffs are like a menial sales tax, I really don't think it's outrageous that there should be some tax benefits to having domestic manufacturing.
Your state probably has a sales tax in that same % ballpark, is it really so crazy that China basically has to pay a sales tax to the US?
FYI, China had crazy high tariffs on goods before this whole thing started, 25% on American cars for example. We just looked the other way because American corporations were fine with these trade deals being stacked in China's favor because they planned to outsource production.
Largest company on Earth. Now opening a manufacturing plant in Wisconsin.
These tariffs are like a menial sales tax, I really don't think it's outrageous that there should be some tax benefits to having domestic manufacturing.
Your state probably has a sales tax in that same % ballpark, is it really so crazy that China basically has to pay a sales tax to the US?
FYI, China had crazy high tariffs on goods before this whole thing started, 25% on American cars for example. We just looked the other way because American corporations were fine with these trade deals being stacked in China's favor because they planned to outsource production.
There won't be any workers for it.
I think anyone with a terminally worthless child should not be allowed to have a view on world politics.
(boy did I clean that up before hitting the send button)
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PelicanPines
ALLIANCE MEMBER
There won't be any workers for it.
I think anyone with a terminally worthless child should not be allowed to have a view on world politics.
(boy did I clean that up before hitting the send button)
Thank you. Didn't think I would enjoy a post that much. May I use "Terminally Worthless Child" in the future?
I'm glad you posted that.
Your Truth butthurts.
Your Truth will be ignored.
Now if butthurt could be ignored, we'd be on to something.
that is right ..... Incentives.... not fear.
At the end of all this when the dust settles.... you guess who is going to paid for those $4 billion. and where all those profits goes to... FoxConn that is right...
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