They were supposed to force those manufacturing plants to go to USA, but as the article shows it is not working:
[AsRock] “As for the 10% tariff applied to other products like GPU cards, we need some time to transfer the manufacturing to other countries.” [emphasis on the plural]
We already saw signs of this late last year, when PC Partner decided to relocate its headquarters from China to Singapore
And they likely won’t move into USA territory because USA might create some tax against the governments they import raw materials from, labour costs are high, and all that talk about expelling illegal immigrants will make labour costs even higher (lower labour supply = higher prices).
The tarriffs were put in place to get the other countries (Canada, Mexico, and China) to tighten up their border security for illegal immigrants and illegal drug trafficking, particularly fentanyl.
This is the officially documented reason for the tarriffs.
A quick Google search tells me that a “very high” and possibly lethal dose is two milligrams, so 10 kilograms of the stuff can kill five million people.
wait they are going to move manufacturing out of china? isn’t that what the tariffs were supposed to do? shit
It will just divert manufacturing to places like Vietnam or Mexico.
sounds like not-china to me
They were supposed to force those manufacturing plants to go to USA, but as the article shows it is not working:
And they likely won’t move into USA territory because USA might create some tax against the governments they import raw materials from, labour costs are high, and all that talk about expelling illegal immigrants will make labour costs even higher (lower labour supply = higher prices).
outside of china tho
Yes and this might hurt China a bit, but it’ll hurt USA even more. It’s like shitting your own pants to make someone else smell it.
sounds like trump to me
The tarriffs were put in place to get the other countries (Canada, Mexico, and China) to tighten up their border security for illegal immigrants and illegal drug trafficking, particularly fentanyl.
This is the officially documented reason for the tarriffs.
didn’t it turn out to be like 10 kg of fentanyl total, ever?
From Canada. The total amount imported or possibly even illicitly produced in the US every month is many many times that.
I don’t know, but I will say that while 10kg doesn’t sound like a lot, for something like fentanyl that’s millions of doses.
A quick Google search tells me that a “very high” and possibly lethal dose is two milligrams, so 10 kilograms of the stuff can kill five million people.
it’s also one shipment.
No they arent lmao