Current events discussion

[stocker08 10+ year member]

I doubt China's margins are that low. China has been creating a shyt ton of wealth and billionaires.

Obviously depends on the product.....but the scores of Amazon products that all look alike with slightly different manufacturer names.....stuff like that has very small margins. And China absolutely pumps that shit out. A lot of it is a volume game for them.

 

[ThxOne Premium Member]

Obviously depends on the product.....but the scores of Amazon products that all look alike with slightly different manufacturer names.....stuff like that has very small margins. And China absolutely pumps that shit out. A lot of it is a volume game for them.

If I remember correctly from my tenure at UC Berkley tariffs can also charged by amount and not necessarily by piece or individual product.

 

[stocker08 10+ year member]

If I remember correctly from my tenure at UC Berkley tariffs can also charged by amount and not necessarily by piece or individual product.

University of Carl's Jr - Berkley?

 

[ThxOne Premium Member]

University of Carl's Jr - Berkley?

I meant MIT

 

[stocker08 10+ year member]

I meant MIT

Same thing

 

[RobGMN Premium Member]

McUniversity?
CTI?

 

[RobGMN Premium Member]

Except the exporter can pay the tax. I'll brimg up these example one more time. I know a furniture retailer who kept his retail prices and he split the tariff with his Chinese manufactures. I guess technically he probably cut the check to the IRS or customs, but in essence the manufacturer was footing 1/2 the bill and end consumer didn't pay any of tariff.

So, the US retailer took a loss to teach China a lesson?
Winning!

 

[ThxOne Premium Member]

McUniversity?
CTI?

University of Oxford.

 

[RobGMN Premium Member]

University of Oxford.

Where they learn how to sew shirts.

 

[ThxOne Premium Member]

Where they learn how to sew shirts.

Ok, that was funny.

 

[Jimi77 Premium Member]

So, the US retailer took a loss to teach China a lesson?
Winning!

No, he didn't talke a loss to teach China a lesson. Let go of your hatred for Trump, it's fogging your thought processes. Both the retailer & manufacturer decided to reduce their profit margins to maintain the retail prices/volume. Nobody took a loss.

 

[Eggs 5,000+ posts]

 

[RobGMN Premium Member]

No, he didn't talke a loss to teach China a lesson. Let go of your hatred for Trump, it's fogging your thought processes. Both the retailer & manufacturer decided to reduce their profit margins to maintain the retail prices/volume. Nobody took a loss.

Reducing your profit is not taking a loss?
How does that work in the world of Trump Sycophant Syndrome, the place where increasing COGS but keeping the same markup doesn't result in extra profit?

Is it because they "decided" to make less money, that it is no longer a loss?

So, if I "decided" to take $200 in cash and set it on fire, it wouldn't be a loss?
But if someone stole it, it would be?

 

[Jimi77 Premium Member]

Reducing your profit is not taking a loss?
How does that work in the world of Trump Sycophant Syndrome, the place where increasing COGS but keeping the same markup doesn't result in extra profit?

Is it because they "decided" to make less money, that it is no longer a loss?

So, if I "decided" to take $200 in cash and set it on fire, it wouldn't be a loss?
But if someone stole it, it would be?

I was thinking loss as in he was losing ~$50 net per couch, not he was making ~$50 less per couch. So he did accept a lower profit margin. Did the retailer and exporter accept a lower profit margin to spite China? Probably not. Did they take a lower profit margin to spite Trump or America? Probably not. I'm guessing, they took a lower profit margin because it made business sense. I highly doubt either of the parties really cared about the politics of the matter.

 

[Jimi77 Premium Member]

Here's an interesting story about how the BLM/DEI types lied to us to create "systemic racism" out of nothing and of course Ketanji Brown Jackson fell for this hook, line and sinker and presented this false info in the USSC. The second video is about how they turned an innocent doctor that was helping immigrant women into some sort of Doctor Mengele because that worked for "the narrative" of "Evil White Mans." The left needs to keep this in mind when these same people tell you Trump and Elon belong to the same political party as Doc Mengele. Keep this in mind when these same people tell you that we're surrounded by -ism, -phobes, -ists, etc. In particular, don't trust that Rachel Maddow guy - he's nuts.