And the US government is not putting any money to build the competency to manufacture toys and furniture like China would.
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Anker Raises Prices on Amazon Due to Tariffs
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A country that's for the people, who live there should help their companies any way it can. Trump is trying too, but would he win is another question.
On the topic of raising prices, anyone who is buying small items from a Chinese supplier and expects their items to be sent by mail are in for a long wait:
Large corporations like Apple of course have their own chartered air and ship traffic, and even smaller companies use services like DHL (mentioned in the article.) However, many small mom-and-pop companies in China mail goods all the time, so if you're expecting cheap shipping from the PRC for you custom whatever then you're going to be disappointed.
Hongkong Post suspends goods mail services to US
Large corporations like Apple of course have their own chartered air and ship traffic, and even smaller companies use services like DHL (mentioned in the article.) However, many small mom-and-pop companies in China mail goods all the time, so if you're expecting cheap shipping from the PRC for you custom whatever then you're going to be disappointed.
Umm you're already doing that with the "apple tax" that Whing-Dong in China is making...
Yawn. So you’d rather I pay a super duper Apple Tax so Bob can make $17 an hour making cables in Massachusetts?
Ok pal. LOL.
If you want some production here (it’s not all coming back. Sorry get that out of your head.) you need to invest in education, infrastructure, and incentivize onshoring. All Trump is doing is punishing… he’s not making it easier to build things here, he’s making it harder to build in China.
Of course the Party of Tax Cuts for the Rich doesn’t want to pay for education, infrastructure, or manufacturing incentives. They want everything for free and charge it to the deficit.
You understand (politics aside)that the US has been at the s*it end of the stick when it comes to tariff amounts forever no?
Your taxpayer dollars are already going to illegals for medical coverage, living expenses, etc, why NOT Bob?
Inexpensive good… That is lots of entitlement.
When your citizen is living pay cheque by pay cheque, there isn’t lots of room for more expensive staff.
You could. Yes, everything is a choice.
You could build complete supply chain and change your whole economy to export driving, but at what cost?
Let’s forgot about the cost to build the supply chain, cost of building manufacturing, cost of tooling. The real question is how much job can you create? If you want be cost competitive with Chinese made product, you would need to rely on automation. And if you need relying on automation, then why would you want to do all these?
I don’t understand the logic.
You also seems to forgot, US is still the second biggest manufacturing nation. US just no longer manufacturing cheap inexpensive staff.
What are the percentage of overall budgets goes to these?
Classic blaming everything to the immigrants! Please remember, your founding fathers were illegal immigrants from European nation!
Tell me right now what is the Chinese tariff level before this s-storm started?
I’ll help you with another country Apple uses… Vietnam’s tariff level on American goods was 4 percent. Wanna do a 4% reciprocal tax on Vietnamese goods? Fine, set it at 4%. That is a reciprocal tariff.
Making Vietnam’s tariffs at 40+% was not reciprocal, and frankly wasn’t based on anything with sound economic reasoning. We have a trade deficit with Vietnam because they are a poor country and can’t afford our stuff in return.
If you go to a barber, you have a trade deficit with your barbershop. The only way to make that equal, is for your barber to pay you to cut his hair. Sounds dumb, right?
Nonsense. I’d rather Bob take courses at a college either in trades or traditional education via subsidies, to allow Bob to go make $25 an hour in tech or engineering.
All you’re doing is adding a hidden sales tax to the American consumer, either in the form of import taxes or higher cost of making things here. Nobody is having a better life when goods cost more and the return is someone making near-minimum wage in a factory.
Surely you must be the type who was cheering on Trump and then-Governor Scott Walker in the billion dollar giveaway for Foxconn to build in Wisconsin. Analysis found that if every job was actually filled at that location, Joe Taxpayer would be on the hook between $172,000 to $290,000 per job. Except, jobs were not filled and Foxconn sold some of the property to Microsoft recently. And guess what? The monies that Microsoft paid, went into Foxconn’s pockets not Joe Taxpayer’s.
Trump never want reciprocal tariff. Vietnam actually offered 0% tariff for 0% tariff, Trump said no.
Trump want to reduce trade deficit. 0% tariff does not help reduce trade deficit, because Vietnam sells more staff than US buying from them and 0% tariff will increase trade deficit.
Ultimately, Trump is looking ways to increase government revenue. This is what Trump really want. It is 1.8 trillion fiscal deficit this year, tax cut that Trump wants to do to help out his rich friends or expensive interest expenses that from US bonds.
So when does the US become concerned; when it becomes the 5th in manufacturing?
Why automation?
Well the US doesn’t have billions of people to throw at industry. Automation can make up for it.
manufacturing feeds economies.
The pharmaceutical I worked at had 1400 employees. It had contracts with over 75 local suppliers and 27 local contract companies.
Every 3.5 employees created 1 external support job.
People question why TSMC was welcomed in AZ. The estimated impact to the phoenix area is 80k jobs by 2031.
Domestic Manufacturing creates jobs and builds infrastructure.
Probably far more than importing everything.
Plenty of reason since the Netherlands is the global leader in EUV litho technology by quite some distance. That same NL your great leader decided to impose a huge tariff on, just because. Your CHIPS Act is up against a similar EU Chips Act so I don't see the gap closing anytime soon. China is investing plenty in EUV lithography as it can see the writing on the wall and they have a lot of talent there. If you want the best chip technology then threatening Europe, as the US is even today doing over support for Ukraine is not the best strategy.
It's even more incomprehensible than "just because", because the Netherlands is even
importing more from the USA than it is exporting to the USA.
Trump would like to finish this Russian war in Ukraine as fast as possible. One way or another (he actually doesn't care a bit). Not because of human compassion.
One moment Trump says that Russia is the agressor and one moment later he accuses Ukraine of having started this war. And then again…(visit Meloni)…Zelensky is not the agressor.
Trump does everything not to anger Putin. His history with Russia/Russian oligarchs and maffia can be easily verified. Putin has him (and thereby the US), where he wants him, and he would not mind a US society collapsing in mayhem.
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Surely.
You need to define what type of manufacturing that US wants. Do you want people makes socks, shirts, or something?
Isn't this what we are talking about? Rather blanket tariff, shouldn't Trump be more selective?
You and me both know, in next ten year, there will not be manufacturing as we know. Factory is more and more automated and simply we don't need as much of people making staff inside a factory.
And we know, if it is cheaper to make cars outside of United States, auto makers will move out. This is how market behavior, any Republicans who believes free market, should accept this.
We have made choice, the choice is abandoned certain type of manufacturing and focus on selected manufacturing. Why don't we enjoy cheap low priced staffs that we know we aren't competitive and focus on what we do the best?
This trade war is completely pointless and I cannot understand why people trying to justify this. Trump will not win this war and it is loss for all of us. If anyone believes Trump cares about average Joe and Jean, then they should think twice. He only care about his rich buddy and he is using this trade war to make money.
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Tariffs to protect domestic industries. But when those industries are nonexistent, tariffs only hurting the consumers and developing bad blood with our trading partners. Of course, Florida Man lacks the capacity to understand this, so blanket tariffs.😩
Us, small folk, don't give a rat's (_!_) who's leading the country most of time. So long as we go about our daily life safely and without disruption, we are content. The anxiety of not knowing if the company we work for will survive this stupid trade war and the rising prices of everything, makes us restless. Heads need to roll, y'all.😠 Keep this up and it'll be France 1789-1799 part deux. Liberty, Equality, Fraternity...and lower egg prices.
If you replace China with Japan, you'd describe late 80 and early 90. If you replace China with Vietnam, you'd describe next decades.
Something will never change, blame your problem and your choice to someone else.
If you really know how current trade system works, you will know why things turns out in this way. If you want to break the system that United States created, you'd need ask yourself, is it worth it.
Trump and its MAGA followers will never able to answer this question. Ask yourself, would you want to work in a factory that produces T-shirts or socks. Even Chinese aren't willing to work at factories now days, let alone Americans.
Post these everywhere like the MAGA crowd did. If one can play the game the other should also, even more.
Automotive Industry: Employment, Earnings, and Hours : U.S. Bureau of Labor Statistics
Automotive Industry: Employment, Earnings, and Hours
www.bls.gov
The numbers of manufacturing car jobs went up.
it's the numbers of jobs for manufacturing the auto parts went down. So you are not wrong there.
This does not go against what I have said. The jobs market will stablise in the longer term when companies realise that manufacturing car parts in their own country (the USA in this case) is the best way to go.
This is still a productivity issue. The businesses in the USA that put the USA first will thrive. It's a great opportunity.
The tariffs are not the cause of the job losses. They are just the catalyst that brings the core issue into the forefront. That issue being a lack of productivity. Not enough auto parts being manufactured in the USA.
Fix the fore productivity issue and the tariffs will not affect you.
This cannot happen overnight, and the tariffs are going to start biting long before it can happen.