Just now, Alpha_TATEr said:

sloth, you saying this, to anyone else, is ...........................

🤣

As if "everyone else" had somehow acquired an awareness.

I hope you are able to manage in these tough times, peasant.

36 minutes ago, Mike030270 said:

Their entire business model was to exploit the under $800 import exemption to tariffs. Between closing that loophole and the ridiculously high tariffs now imposed on China I don't know how either of these companies survive.

Getting an early start today with the DOW dropping over 500pts at opening.

26 minutes ago, Dave Moss said:

We gotta find the commie libtard that hired Powell in the first place!

10 minutes ago, lynched1 said:

As if "everyone else" had somehow acquired an awareness.

I hope you are able to manage in these tough times, peasant.

as long as i have your well thought out, in depth intellect, sorry, i meant to say comedy, i'll get through it.

thanks buddy.

14 minutes ago, lynched1 said:

As if "everyone else" had somehow acquired an awareness.

I hope you are able to manage in these tough times, peasant.

The guy who was bragging about how many vacation days he has is calling other people peasants now.

1 minute ago, we_gotta_believe said:

The guy who was bragging about how many vacation days he has is calling other people peasants now.

whoa, how many does sloth have?

32 minutes ago, The Norseman said:

Their entire business model was to exploit the under $800 import exemption to tariffs. Between closing that loophole and the ridiculously high tariffs now imposed on China I don't know how either of these companies survive.

There's plenty of demand for cheap chinese goods elsewhere, especially in developing countries. I'd be shocked if this is what killed them.

Moment of silence for all those Etsy businesses.

24 minutes ago, we_gotta_believe said:

There's plenty of demand for cheap chinese goods elsewhere, especially in developing countries. I'd be shocked if this is what killed them.

They ship direct from China to avoid the tarriffs, which is what makes them uber cheap. Now that they can't avoid the tariff anymore, and they tariffs are astronomical, the question is why wouldn't you just buy the same cheap goods from Amazon.

2 minutes ago, The Norseman said:

They ship direct from China to avoid the tarriffs, which is what makes them uber cheap. Now that they can't avoid the tariff anymore, and they tariffs are astronomical, the question is why wouldn't you just buy the same cheap goods from Amazon.

Are we assuming the goods from Amazon also don't come from China? Things are going to shoot up all over the place. Kind of just have to wait a few weeks/months to let the dust settle. Americans really are in for a shock if they thought 9% inflation was painful.

1 minute ago, Paul852 said:

Are we assuming the goods from Amazon also don't come from China? Things are going to shoot up all over the place. Kind of just have to wait a few weeks/months to let the dust settle. Americans really are in for a shock if they thought 9% inflation was painful.

No, that's my point. Why buy from an obscure Chinese e-tailer and wait for overseas shipping if there is no price difference for the same goods on Amazon.

1 minute ago, The Norseman said:

No, that's my point. Why buy from an obscure Chinese e-tailer and wait for overseas shipping if there is no price difference for the same goods on Amazon.

The point I was making is that the same tariffs might apply to the same product on Amazon. I don't know. To answer your question, yeah, if the Amazon product is close in price then people will order from them. It has zero impact on me since I have never purchased anything on Temu/Shein.

Just now, Paul852 said:

The point I was making is that the same tariffs might apply to the same product on Amazon. I don't know. To answer your question, yeah, if the Amazon product is close in price then people will order from them. It has zero impact on me since I have never purchased anything on Temu/Shein.

The issue here really has nothing to do with the tariffs, they will increase prices for the same goods across the board. The change was that Trump closed the loophole that allowed companies like Temu to avoid tariffs by shipping small value orders direct from China. So now, the business model of a Temu or Shein is completely pointless.

So, yes, the tariffs will be the same, and yes, the cost of Chinese goods will go up universally. The difference is Amazon will inventory it within 100 miles of your house and ship it to you in 2 days. So, why would you buy and wait for shipping all the way from China if the cost of the product is the same?

Moreover, the price of the good won't be the same because Temu will have to include individual, international shipping cost to each order. So, in all likelihood...Amazon will be cheaper on the unit price too.

Not to mention customer service, tracking, returns, etc. You get the point.

1 hour ago, we_gotta_believe said:

The guy who was bragging about how many vacation days he has is calling other people peasants now.

Xi says the peasants will suffer. I can only assume those screeching are suffering.

It'll get better.

Vacation was last week.

I have toawait a few weeks now. 😒

4 minutes ago, lynched1 said:

Xi says the peasants will suffer. I can only assume those screeching are suffering.

It'll get better.

Vacation was last week.

I have toawait a few weeks now. 😒

On 8/5/2024 at 4:43 PM, lynched1 said:

On 8/5/2024 at 4:51 PM, lynched1 said:

 

Dis u screeching last year? Sorry you were suffering.

6 minutes ago, The Norseman said:

The issue here really has nothing to do with the tariffs, they will increase prices for the same goods across the board. The change was that Trump closed the loophole that allowed companies like Temu to avoid tariffs by shipping small value orders direct from China. So now, the business model of a Temu or Shein is completely pointless.

So, yes, the tariffs will be the same, and yes, the cost of Chinese goods will go up universally. The difference is Amazon will inventory it within 100 miles of your house and ship it to you in 2 days. So, why would you buy and wait for shipping all the way from China if the cost of the product is the same?

Moreover, the price of the good won't be the same because Temu will have to include individual, international shipping cost to each order. So, in all likelihood...Amazon will be cheaper on the unit price too.

Not to mention customer service, tracking, returns, etc. You get the point.

Oh I definitely get the point if all your assumptions are correct regarding pricing. That's the part we'll all be keeping an eye on.

a guy i know who flips houses said lumber is up 50% thanks to the tariffs which is getting passed on the eventual buyer.

is this the america is getting rich off of the tariffs part that trump was bragging about?

1 minute ago, Alpha_TATEr said:

a guy i know who flips houses said lumber is up 50% thanks to the tariffs which is getting passed on the eventual buyer.

is this the america is getting rich off of the tariffs part that trump was bragging about?

I heard from a guy who was looking to build on his own land that the cost has increased $120k and he's just holding it off for now.

Just now, Paul852 said:

I heard from a guy who was looking to build on his own land that the cost has increased $120k and he's just holding it off for now.

he's WINNNING !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

1 minute ago, Alpha_TATEr said:

he's WINNNING !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

It would be funnier if he were a Trump supporter but he is very much NOT that.

2 minutes ago, Paul852 said:

It would be funnier if he were a Trump supporter but he is very much NOT that.

don't worry, america is getting rich!

speaking of ...

39,227.23 −442.16

13 minutes ago, Paul852 said:

Oh I definitely get the point if all your assumptions are correct regarding pricing. That's the part we'll all be keeping an eye on.

yea, you don't

4 minutes ago, The Norseman said:

yea, you don't

What?