Importers respond to Trump tariffs: "This is getting expensive as F" "Its a dark day for us" "And my farming family and this shit goes on longer." "Considering the RMB keeps dropping it’s a wash" (it's true that the RMB drops whenever this happens, but not enough to compensate)
The problem with the tariffs is that they: 1. Don't give anyone time to adapt and modify their supply chains 2. They're constantly in flux. Why would I change my supply chain if Trump will likely change his mind like he did with Mexico or China many times before.
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3. The tariffs don't incentivize American manufacturing. They just disincentivize Chinese manufacturing. They basically just encourage importers to go to Mexico, Vietnam, etc. Is that better than China? Slightly, but not really "America First".
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I appreciate your input. I’m not an importer. Just a guy with a decade of experience as an entrepreneur and have also worked many different jobs to take care of my family. Don’t think Trump or politicians can fix this. Need leadership & innovation from entrepreneurs.
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Also don’t think we have to accept a win-lose scenario where China must suffer for America to prosper. Doesn’t make sense to let China continue ripping IP and playing with currency either. Lots of opportunity for those willing to suffer, take risk, learn, and innovate.
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