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And meanwhile Trump raised tariffs on intermediate products not final products.
by wbl 8y ago
And meanwhile Trump raised tariffs on intermediate products not final products.
- api 8y agoFor those not following this: taxing intermediate products and raw materials encourages more outsourcing since it makes it cheaper to just offshore everything.
- robbyt 8y agoYes, I run a small synthesizer company on the side and do our own assembly, which has become 30% more expensive because the tarrifs cover things like capacitors, resistors, potentiometers, which are all components for our products. We've always done our own assembly to ensure quality, and to reduce costs... But now because of these tarrifs we are considering shutting down or possibly off-shoring assembly.
- yesenadam 8y agoOh cool, which company?
- jplayer01 8y agoThat's insane.
- yuhong 8y agoThis reminds me of how Hynix was able to bypass the anti-dumping tariffs in 2003-2008, partly by using the Eugene, Oregon and later Wuxi, China fabs.