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US vs everyone else tradewars

The massive increase in the price of goods from China to the USA affects the entire supply chain. Importers won't pay the extra tariffs as customers won't buy Chinese stuff marked up as being a higher price than others. The goods will remain unsold on the shelves. Inventory already in the warehouses will soon vanish as customers mass panic buy, especially the luxury goods, such as smart phones and various gadgets. There is no time for the USA to establish its own factories for those Chinese goods in demand.

China has a vast network of factories producing inventory on a Just In Time basis. The export market to the USA - and even perhaps Amazon bases throughout Europe - will stop placing orders. The effect on Chinese factories will be to simply change the production lines to something else. JIT means there is no stockpile of inventory, as they only manufacture stock when the goods have been ordered.

Whilst Chinese goods are not exactly renowned for great quality, with its instantly disposable cheap clothing, ill-fitting cheap shoes and cheap plastic gadgets that soon fall apart, people will nonetheless miss the undoubted value-for-money aspect, as suddenly consumer goods prices will shoot up, owing to native workers in the USA expecting far higher wages - piece rate or time rate - than their South East Asian counterparts.



Who will blink first..?






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Vixen said:
The massive increase in the price of goods from China to the USA affects the entire supply chain. Importers won't pay the extra tariffs as customers won't buy Chinese stuff marked up as being a higher price than others. The goods will remain unsold on the shelves. Inventory already in the warehouses will soon vanish as customers mass panic buy, especially the luxury goods, such as smart phones and various gadgets. There is no time for the USA to establish its own factories for those Chinese goods in demand.

China has a vast network of factories producing inventory on a Just In Time basis. The export market to the USA - and even perhaps Amazon bases throughout Europe - will stop placing orders. The effect on Chinese factories will be to simply change the production lines to something else. JIT means there is no stockpile of inventory, as they only manufacture stock when the goods have been ordered.

Whilst Chinese goods are not exactly renowned for great quality, with its instantly disposable cheap clothing, ill-fitting cheap shoes and cheap plastic gadgets that soon fall apart, people will nonetheless miss the undoubted value-for-money aspect, as suddenly consumer goods prices will shoot up, owing to native workers in the USA expecting far higher wages - piece rate or time rate - than their South East Asian counterparts.



Who will blink first..?






.
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well to a certain extent i disagree. jit means pulling raws off a trailer to the line, assembly, then back to a trailer, meaning very little is warehoused on the floor space. but it’s also ultra careful planning months in and advance and easy to screw up, if you don’t have your raws for the next orders in stock on trailers in the yard then you’re dead in the water.
 
Clutch Cargo said:
Trump is a businessman. He understands the ins and the outs of it. I do not believe there are any one-size-fits-all remedies for anything. Everything succeeds or fails because of a formulae. Tariffs are only part of that formulae. You and I may not know what the whole formulae consists of but Trump does.


That's right. That's why Trump and his adminstration must work like dogs to get as much done as possible, that way the population will see the wisdom in what has been achieved and be eager to elect the next man (or woman) who is keyed in on the same plan.

You call Trump "ignorant, volatile and unpredictable". You should have voted for Biden instead.
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Trump went bankrupt running a casino. That takes a special kind of stupid.
Trump is not a business man. He is a hustler who played one on TV.
And someone just went on my troll watch list.
 
dudalb said:
Trump went bankrupt running a casino. That takes a special kind of stupid.
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On the contrary, it was a five-dimensional chess move to create a $900 million tax write-off. Or so we were meant to believe. And while he's basking in his tax write-off, better businessmen than he earn ten times that much actually running successful casinos.

It didn't take long for people with any sort of economic understanding to realize that Trump's proffered reasons for tariffs contradicted each other. "They'll bring in revenue." And then, "They'll bring back manufacturing." Obviously it can't be both. But now we're told, "It was just a bargaining chip." The real brilliance of the Trump sycophants is that they'll always manage to be fully orthogonally wrong.

dudalb said:
Trump is not a business man. He is a hustler who played one on TV.
Click to expand...
And he's really not a President. He just plays one on TV.
 
Will Tramp bring back the tariffs if the countries dont give him the deal he wants?

Does he actually want a deal that is better than what we had on January 20th??
 
dudalb said:
Trump went bankrupt running a casino. That takes a special kind of stupid.
Trump is not a business man. He is a hustler who played one on TV.
And someone just went on my troll watch list.
Click to expand...
Actually, he went bankrupt running two casinos, that was the problem. He had one old but profitable casino, decided her wanted a fancier one, opened the fancier one near the profitable one, and drove both into bankruptcy competing with each other for the same customers. He just assumed that demand would increase with supply, the same mistake that blew up his football and airline companies.
 
Random said:
Actually, he went bankrupt running two casinos, that was the problem. He had one old but profitable casino, decided her wanted a fancier one, opened the fancier one near the profitable one, and drove both into bankruptcy competing with each other for the same customers. He just assumed that demand would increase with supply, the same mistake that blew up his football and airline companies.
Click to expand...



:wackylaugh: Not a good advert for Whartons Business School.




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Vixen said:
The massive increase in the price of goods from China to the USA affects the entire supply chain. Importers won't pay the extra tariffs as customers won't buy Chinese stuff marked up as being a higher price than others. The goods will remain unsold on the shelves. Inventory already in the warehouses will soon vanish as customers mass panic buy, especially the luxury goods, such as smart phones and various gadgets. There is no time for the USA to establish its own factories for those Chinese goods in demand.

China has a vast network of factories producing inventory on a Just In Time basis. The export market to the USA - and even perhaps Amazon bases throughout Europe - will stop placing orders. The effect on Chinese factories will be to simply change the production lines to something else. JIT means there is no stockpile of inventory, as they only manufacture stock when the goods have been ordered.

Whilst Chinese goods are not exactly renowned for great quality, with its instantly disposable cheap clothing, ill-fitting cheap shoes and cheap plastic gadgets that soon fall apart, people will nonetheless miss the undoubted value-for-money aspect, as suddenly consumer goods prices will shoot up, owing to native workers in the USA expecting far higher wages - piece rate or time rate - than their South East Asian counterparts.

Who will blink first..?
Click to expand...
Trump did.
 
Trump is really looking stupid on the world stage with these tariffs...

Eventually someone will tell him.

I still feel sorry for the people that supported him, as he makes their quality of life worse, on a daily basis.
 
catsmate said:
Meanwhile, the Ranting Rapist has capitulated and "delayed" the tariffs. :rolleyes:
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Too little, too late...

At this point, no sensible leader of any country or business owner is going to go 'oh well thats good, all over now, back to business as usual'...
Moves to isolate themselves from the US are well underway (if not already completed) and they WILL continue to do so...

Anyone looking to do business in the US will want an IRONCLAD guarantee covering themselves against any future possible (probable lol) losses- and thats gunna cost the US public where it hurts- in their wallet...

As for the temper tantrum toddler, no government is going to want him or his criminal cohort in their country, and literally nothing he says or signs will be worth anything- so that again hurts the US- it has been relegated to a 'who the ◊◊◊◊ cares what YOU want' status on the world stage...

Far from being a 'world leader' the US is now not even a minor consideration- its a literal nobody when it comes to trade agreements or political agreements- the penguins on Heard Island are more likely to 'get a good deal' than TTT lol
 
I called my retirement account people and moved some funds to a place I can manage it more. Still the same firm.

My savings will be in something called US dollars. Is that going to be any good? They did not have any euros.
 
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