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Almost impossible to run a business when tariffs could move +/- 20% per day (this is the second day in a row). If I was shipping stuff to the US from china I w
by matt-p 2y ago
Almost impossible to run a business when tariffs could move +/- 20% per day (this is the second day in a row).
If I was shipping stuff to the US from china I would just not until this is resolved. I wonder if therefore instead of price increases we actually just see supply shortage (which would actually play better with voters too, incidentally) and a burgeoning "grey" market for trans-shipped IPhones and so on.
- deleted 2y ago[deleted]
- re-thc 2y ago> If I was shipping stuff to the US from china I would just not until this is resolved Most small businesses don’t have enough stock to last.
- matt-p 2y agoRealistically you'd end up chosing between finding the product from another country, trans-shipping or just being out of stock until they come down wouldn't you? Is someone buying a $100 pair of shoes really going to pay $240?
- re-thc 2y ago> Realistically you'd end up chosing between finding the product from another country, trans-shipping or Realistically you'd end up closing shop. It's not like the tariffs on other countries aren't coming back. > just being out of stock until they come down You still believe in that? Like 4 years later when there's a new president? > Is someone buying a $100 pair of shoes really going to pay $240? Is there a choice? Maybe ask the US president? Will there still be a pair of shoes not paying tariffs and will be cheap? Made in America ain't cheap.
- rsynnott 2y ago… In which case they’ll run out of stock and go under, in many cases. Few markets have the sort of price flexibility that can absorb this.
- JohnFen 2y ago> If I was shipping stuff to the US from china I would just not until this is resolved. If I were shipping stuff to the US from China, I would keep doing it as long as stuff gets ordered. I wouldn't be the one paying the tariffs, after all, so on that count nothing changes regardless of the tariff rate. The importers US-side pay the tariff, so the effect on me would be reduced orders, but there's no reason not to continue to fulfill whatever orders I get.
- matt-p 2y agoApologies, the implication is fuzzy there. I am thinking from the perspective of a multinational like for example apple who would be both exporter and importer. FOB shipping is typically only for smaller businesses.
- JohnFen 2y agoAh, the topic was shipping stuff from China to US, so that's the only aspect I was addressing. Although the same principle applies in reverse as well. > FOB shipping is typically only for smaller businesses. I wasn't thinking of FOB shipping specifically.