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Good. Deminimis is what allows low effort arbitrage of sales straight from foreign countries to the detriment of any local business engaged in anything beyond d
by matthewaveryusa 1y ago
Good. Deminimis is what allows low effort arbitrage of sales straight from foreign countries to the detriment of any local business engaged in anything beyond drop shipping with maybe a few extra steps. We really don't need subsidized trinkets going from ali express to landfills faster than greased lightning.
- ants_everywhere 1y agoIt's not clear that adding bureaucracy to help local businesses at the expense of the consumer is a net win
- evidencetamper 1y agoIt's also not clear that allowing factories that underpay exploited workers to ship stuff over is a net win
- gruez 1y agoBut it's not like as if ending de minimis would mean those goods will stop coming over. It still will, just through brick and mortar retailers and amazon FBA.
- kevinmchugh 1y agoDe minimis also impacts all goods, including those made by well-paid laborers and from countries that meet our exceed American labor standards.
- ants_everywhere 1y agoI think with all economic policy it's good to weigh the pros and cons and have a serious discussion of them. What I object to is that in practice people just side with their politics "team" like in sports and create post-hoc justifications for policy created for unrelated reasons. I'm in favor of evidence-based trade policy, but this isn't that unfortunately. The closest thing we have to evidence-based policy is the economic consensus, and the current administration is making a big show of disagreeing with the consensus for non-evidence-based reasons.
- evidencetamper 1y agoIt is impossible to establish causality in complex economic systems to be able to have evidence based decisions. The current economic direction is not a consensus. The Western democracies are increasingly politically polarized and economically volatile. Between the many different crises (unaffordable real estate, populational collapse, unsustainable environmental practices and global warming, increasing inequality, hollowing out of small and medium sized cities, and the list goes on), it is very difficult to justify the status quo.
- maxerickson 1y agoThere's also not really an objective outcome for a given policy, because you don't have a single grouping with aligned preferences. You can estimate the impact objectively, but not whether that impact is good or bad.
- ants_everywhere 1y agoIf you don't like democracies or science then what is your proposed solution?
- evidencetamper 1y agoThat's an unfortunate and charged statement that misrepresents what I said. A fundamental aspect of science is rigor. And a fundamental aspect of democracy is opposition.
- ants_everywhere 1y agoBut your position is that you're opposed to evidence based policy. Which means you can't realistically hope to be in favor of an informed populace or democracy. And you don't understand what the economic consensus is so you don't know what you don't know and aren't in a position to assess the level of rigor. Plus your other comments, e.g. calling drug users zombies and criminals, make it clear that the anti-democratic impulses shown in this thread aren't just a one-off accident.
- mmcwilliams 1y agoThe alternative here is the exploited worker will no longer have any job. Doesn't seem like that is a legitimate concern for their well-being.
- RobotToaster 1y agoYour right, it's obviously much better to give money to bezos' warehouses that underpay exploited workers instead.
- rcpt 1y agoI'm sure those workers that you genuinely care about can't wait to put down their soldering irons and get back to sustenance farming.
- RobotToaster 1y agoThis is just a subsidy for American warehouses like amazon, who just act as middle men, making cheap crap slightly less cheap crap.
- perihelions 1y agoWhat's the moral valence differentiating a "local business" from a local drop-shipper? What really *is* a business selling imported goods—if not a drop-shipper with a storefront? Bold to hold contempt for free-market capitalism, when it's made your society so staggeringly wealthy, your concern of the day is literally worrying about landfills filling up with surplus wealth. Find some perspective.
- bluGill 1y agoa local business needs to select what to sell. This is a valuable service.
- falcor84 1y agoPaying someone to reduce my own ability to choose? How does this work? Do they provide the most value if they offer just a single drop-shipped item that they believe I would want? Wouldn't I just get better value from an independent review mechanism?
- bluGill 1y agoHow many near identical choices do you need? How muc time do you want to spend evaluating all those options. Someone else to narrow it down saves you a lot of effort. when the differences don't matter or are things you areenot aware of this is more important.
- LeafItAlone 1y agoWhat a weird argument. Their decision making likely does not match mine. Where does the limitation end?
- bluGill 1y agoThey should find 2 or 3 options that are good enough. Nothing stops you from evaluating all possible options - but in most cases you have too many other things to do and a simple set of options lets you get on with life.
- Cheer2171 1y agoSure, tell me more how it is awesome that I can't order $100 of dollars of small bulk electronic components for my hobby work direct from Huaqiangbei and get them here in a week. There is no US manufacturer replacement. Instead I have to turn to an import/export middleman also sourcing from Huaqiangbei but at 4x cost. In the eloquent words of our dear leader: SAD!
- matthewaveryusa 1y agoThe 100 you payed was subsidized which distorted the market to the point where all US manufacturing of your components is not only gone, but the expertise is as well. The first step to re-establishing normal market dynamics is to remove the distortions. It started in 2019 with the removal of ridiculous UPU international postage rates and this is the next step. Slap on a small tariff less than the VAT in europe to give a little competitive incentive for all the harm done and just maybe the US can start making stuff here again. Look, I'm all about the race to the bottom but the market needs to be fair
- multjoy 1y agoIn the usual course of things, punitive tariffs are one side of the equation. The other side sees the tariffing government making capital available along with other assistance in order to grow the local industry of the thing being tariffed. What you have done is engaged in a trade war for no readily apparent reason other than the fact that the shit businessman in the White House doesn't understand that a deal doesn't have to have winners and losers in order for it to be a good deal.
- igor47 1y agoWhat are the subsidies?
- BriggyDwiggs42 1y agoThat’s not what a subsidy is. De minimis was just the observation it’s not worth the money to enforce on cheap items.
- marxism 1y agoI want to weigh in here because I see comments focusing on how these products are useless trash. I think that's missing the point. This wealthy engineer mindset is too literal. The AI-generated photos and fake reviews aren't bugs. They're features. They let the poor American with $100 of disposable income pretend they found a way to get an Apple Watch for $11. Just for a few days, they get to believe it might be real. When it arrives and it's crap, they knew it would be. But they got to play the fantasy. TEMU's tagline is "Shop like a billionaire." I want you to really think about that. Marketers test hundreds of combinations to find what resonates. TEMU probably has thousands of marketers. They've tested millions of possible hooks. Millions. And this is what won. "Shop like a billionaire" is the message that brought new people in the door above all others. Now what about churn? That's not the tagline's job. Don't let your knowledge of what exactly TEMU does and how it functions conceal from you this signal of what many (not all!!) people want. However I believe they're not scamming people. They're delivering exactly what they're selling, which is the experience of feeling like you could have nice things. Twenty years ago you could go to a matinee movie for a dollar. Two hours of escapism for a dollar. That product doesn't exist anymore. Theaters decided to serve a different customer base. They went upmarket. But people still want cheap escapism. Now it's $1-3 on TEMU to get that same escape. You browse, you dream, you wait for the package. It's entertainment. TEMU is making things people want.
- whatshisface 1y agoWire $1,000 to my bank account and I will wire $1,000,000 (or equivalent in financial experience product) back in just a few days. Only one condition - you have to explain what happened to you afterwards.
- Marsymars 1y ago> TEMU's tagline is "Shop like a billionaire." I want you to really think about that. Marketers test hundreds of combinations to find what resonates. TEMU probably has thousands of marketers. They've tested millions of possible hooks. Millions. And this is what won. "Shop like a billionaire" is the message that resonated above all others. Not saying you’re wrong, but I find “Shop like a billionaire” to be a deeply weird slogan.
- PaulRobinson 1y agoThat's not the whole picture. Everything on eBay, Shopify, Etsy, that weird online shop that sells that weird thing you're into from London or Prague, whatever, all of it is now going to cost more money for everyone in America if it originates outside of the US. Yes, the majority by volume is from China, and from large trash sites that rightly aren't sustainable... ... but the second order effects on small businesses and consumers who enjoy buying from them.
- braincat31415 1y agoWhat happens to a profitable local business when the its cost of a cheap foreign raw material goes up? Sourcing locally might not be the answer, especially if the cost of a local acquisition goes up to be just below china+tariff.
- LeafItAlone 1y agoYes! This administration, once again, adds more government control into the lives of every day Americans by restricting free trade. A win for the United Socialist States of America! I do hope it continues to take an equity stake in local companies too. We really are becoming Great!