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LockedHot!Prices of PC hardware made in China will increase 25% in price due to import tarrif

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HaywireHaywood
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Re: Prices of PC hardware made in China will increase 25% in price due to import tarrif 2018/08/09 01:00:37 (permalink)
Gas companies do that all the time. The crude market will go up one day and you'll see it at the pumps the next day even though that didn't affect what they already had in storage.
 

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Re: Prices of PC hardware made in China will increase 25% in price due to import tarrif 2018/08/09 03:40:59 (permalink)
HaywireHaywood
Gas companies do that all the time. The crude market will go up one day and you'll see it at the pumps the next day even though that didn't affect what they already had in storage.
 




 
And then the prices will go back down ..but the gas companies won't change their prices for MONTHS...
 
If they can change as soon as it goes up..they should change as soon as they go down.. *shrug*

Regardless, I think tariffs are a bad deal for all...if they're used for leverage to make better deals (or get rid of tariffs altogether), I'm for them
in the short term.....
 
Regarding shopping for 5 bucks off...I'm not one who generally does that. I buy from a place I know and trust even if the price is 5 or 50 dollars higher.
 
I know I'll get what I pay for? Worth the peace of mind.
 

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Re: Prices of PC hardware made in China will increase 25% in price due to import tarrif 2018/08/09 15:14:29 (permalink)
I surely don't understand why everyone is up in arms when the US is doing what China has been doing to the US for YEARS and it's still not an even playing field.  They haven't been playing fair and shouldn't have gone this long.  Unfortunately, money buys and corrupts folks in charge at the levers for trade, IP, price fixing/gouging, insider trading, etc.

The US has been distributing it's wealth to the rest of the world and has gotten many out of poverty.  Now it's time for the US to bring some of that wealth back home to restructure itself for the 21st century.  
post edited by GTXJackBauer - 2018/08/09 15:16:31

     
#33
XrayMan
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Re: Prices of PC hardware made in China will increase 25% in price due to import tarrif 2018/08/09 22:37:45 (permalink)
 
The U.S. trade deficit with China was $375 billion in 2017. The trade deficit exists because U.S. exports to China were only $130 billion while imports from China were $506 billion. 

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#34
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Re: Prices of PC hardware made in China will increase 25% in price due to import tarrif 2018/08/10 11:36:05 (permalink)
I remember TV still being made in the U.S.
 
Would to see panels,"screens", motherboards, GPU's being made in the states again.  Memory and cpu chips, we'll prob  never see those made in the states again.
 
 
BTW, we should of put a stop to this China thing decades ago...


 
 
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Re: Prices of PC hardware made in China will increase 25% in price due to import tarrif 2018/08/11 22:20:18 (permalink)
rjohnson11
The problem that ordinary USA citizens don't see is that American steel lacks quality. In my personal opinion the USA steel industry hasn't put enough money into making sure steel factories have superior equipment and better trained personnel. The owners of those companies are taking too much money for themselves rather than invest in infrastructure. If American steel were competitive in the first place none of these tariffs would come to pass.

Have to call you out that regarding quality. Since the MTA (NYC subway system) started using cheap Chinese steel a couple of years ago, they've had multiple rails 'split' - all the Chinese ones, this never happened with US steel. This comes straight from a couple of MTA workers/supervisors who have to deal with the substandard imported Chinese steel every day. It's dangerous as hell, and MTA are having an increasing amount of issues with derailments, switching issues etc because of older parts being replaced with cheap imported crap.
 
As far as US CEOs taking obscenely high compensation, yes that's certainly true.
 


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Re: Prices of PC hardware made in China will increase 25% in price due to import tarrif 2018/08/11 22:23:22 (permalink)
GTXJackBauer
I surely don't understand why everyone is up in arms when the US is doing what China has been doing to the US for YEARS and it's still not an even playing field.  They haven't been playing fair and shouldn't have gone this long.  Unfortunately, money buys and corrupts folks in charge at the levers for trade, IP, price fixing/gouging, insider trading, etc.

The US has been distributing it's wealth to the rest of the world and has gotten many out of poverty.  Now it's time for the US to bring some of that wealth back home to restructure itself for the 21st century.  

It's refreshing to read posts like this. I live in NYC and all I hear all day is TDS and anti *ANYTHING* that POTUS instigated, no matter how much it has benefited the people and the economy.


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Re: Prices of PC hardware made in China will increase 25% in price due to import tarrif 2018/08/11 22:39:24 (permalink)
Nereus
 
 
It's refreshing to read posts like this. I live in NYC and all I hear all day is TDS and anti *ANYTHING* that POTUS instigated, no matter how much it has benefited the people and the economy.


 
Likewise.  

Don't forget the cancerous chinese made drywalls.  Stay away like the plague. 
 
Those mobile homes with THAT drywall were made to house those from Hurricane Katrina.  While some survived the horrible storm, some eventually got sick with cancer and or perished because of it.  Sad all around.
 

     
#38
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Re: Prices of PC hardware made in China will increase 25% in price due to import tarrif 2018/08/11 23:46:56 (permalink)
You should check out some youtube videos of those Chinese cities that were built just to be built. They are falling apart and they aren't even 4 years old.
 
This is Chinese quality on their own soil. Imagine how much they care about the construction material they send out of there. Plenty more of these type of videos on youtube. This is just horrific.
 


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Re: Prices of PC hardware made in China will increase 25% in price due to import tarrif 2018/08/12 00:03:04 (permalink)
kram36
You should check out some youtube videos of those Chinese cities that were built just to be built. They are falling apart and they aren't even 4 years old.
 
This is Chinese quality on their own soil. Imagine how much they care about the construction material they send out of there. Plenty more of these type of videos on youtube. This is just horrific.
 


Exactly.  Very dangerous and all it could take is one massive earthquake which btw they are prone for and probably do for one to completely level most of theses 'new cities'.

You have to understand china's geopolitics to get a better understanding on why it is the way they do things but to stay within ToS, all I will say is they built many cities in a hastily and cutting corner manner.  It's a recipe for disaster and I can't image the carnage from a massive earthquake, let alone over time they'll just start collapsing naturally. 

     
#40
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Re: Prices of PC hardware made in China will increase 25% in price due to import tarrif 2018/09/16 21:33:33 (permalink)
Will this affect evga considering they're American based?
#41
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Re: Prices of PC hardware made in China will increase 25% in price due to import tarrif 2018/09/16 22:51:11 (permalink)

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Re: Prices of PC hardware made in China will increase 25% in price due to import tarrif 2018/09/16 23:09:22 (permalink)
This should of happened a decade or more ago.....
 
Americans have been too complacent ... 


 
 
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Re: Prices of PC hardware made in China will increase 25% in price due to import tarrif 2018/09/17 00:30:17 (permalink)
rjohnson11
https://www.ultragamerz.com/nvidia-rtx-to-cost-100-200-more-than-msrp-other-pc-components-to-cost-10-more-amd-ryzen-intel-ssd-ram-donald-trump-china-tariffs/ Another related article



It's possible or it's just propaganda from some kid in a basement or China themselves playing games.  We don't know if these things will be affected but it's possible.  He never gave evidence, just left a vague statement about it.  He's basically saying, take my word for it from a site I've never heard of before and looks sketchy imo.

     
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Re: Prices of PC hardware made in China will increase 25% in price due to import tarrif 2018/09/17 02:04:27 (permalink)
GTXJackBauer
rjohnson11
 Another related article



It's possible or it's just propaganda from some kid in a basement or China themselves playing games.  We don't know if these things will be affected but it's possible.  He never gave evidence, just left a vague statement about it.  He's basically saying, take my word for it from a site I've never heard of before and looks sketchy imo.

Wccftech posted a similar article and they're always pretty trustworthy, but it is all speculation
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Re: Prices of PC hardware made in China will increase 25% in price due to import tarrif 2018/09/17 03:21:35 (permalink)
kram36
Xavier Zepherious
you wouldn't be able to afford parts made in USA...lol
 
they were off-shored for that reason
 
just think $200 extra on a $800 GPU gonna cost you 1G now
 


If we don't have jobs here how can we buy anything, even if it's made in China? The USA has had it's wealth stolen from it by China using slave labor.
 
Oh and NAFTA has been wealth stealing of the USA also.




 
This is accurate.
 

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Re: Prices of PC hardware made in China will increase 25% in price due to import tarrif 2018/09/17 19:20:23 (permalink)
I believe Harris Corp makes an OLED screen right here in the US for the military... 12 in screen and $500k... any takers?

People are living in fantasy land if they think all this manufacturing is moving back to the US. That ship has sailed. You might get a few (pcb) fab plants here and there, chips are still mostly domestic. But everything else... get ready for sticker shock.
post edited by MasterMiner - 2018/09/17 19:25:52

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Re: Prices of PC hardware made in China will increase 25% in price due to import tarrif 2018/09/17 19:54:21 (permalink)
MasterMiner
I believe Harris Corp makes an OLED screen right here in the US for the military... 12 in screen and $500k... any takers?

People are living in fantasy land if they think all this manufacturing is moving back to the US. That ship has sailed. You might get a few (pcb) fab plants here and there, chips are still mostly domestic. But everything else... get ready for sticker shock.
 
A number of industries have already reopened as a result of tariffs, because they can now compete on price. On top of that, there's another way of thinking about it: much of the stuff made in China is complete crap when it comes to quality, so if it can be made elsewhere for 25% more, it's likely it will last at least 25% longer due to higher quality. I have no problem with that at all.
 
There's also some satisfaction in buying American Made, at least for some people.
 
 
 


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Re: Prices of PC hardware made in China will increase 25% in price due to import tarrif 2018/09/17 19:59:05 (permalink)
MasterMiner
I believe Harris Corp makes an OLED screen right here in the US for the military... 12 in screen and $500k... any takers?

People are living in fantasy land if they think all this manufacturing is moving back to the US. That ship has sailed. You might get a few (pcb) fab plants here and there, chips are still mostly domestic. But everything else... get ready for sticker shock.

Lol, you don't understand how the military "black budget" works. The military doesn't actually pay that much to Harris Corp for the screen. It's like those $500 toilet seats. It's just shows that on the purchase order, but the money goes into the military's "black budget".

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Re: Prices of PC hardware made in China will increase 25% in price due to import tarrif 2018/09/17 22:29:48 (permalink)
Taiwanese companies will be manufacturing their semiconductors on Taiwan rather than mainland China to avoid the tariffs. 

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Re: Prices of PC hardware made in China will increase 25% in price due to import tarrif 2018/09/18 02:01:21 (permalink)
rjohnson11
Taiwanese companies will be manufacturing their semiconductors on Taiwan rather than mainland China to avoid the tariffs. 




Yup.  
 
Some believe Taiwan might be a underground financial arm to the communist party in China.  I always wondered about the military equipment China doesn't want the US selling to Taiwan or at least they say and act like it in order to get their hands on the equipment to reverse engineer it and IP theft?  lol  Anything is possible in this day n age.  
post edited by GTXJackBauer - 2018/09/18 02:08:16

     
#51
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Re: Prices of PC hardware made in China will increase 25% in price due to import tarrif 2018/09/18 13:53:40 (permalink)
Amazon is in trouble now. All of the knock off products their customers flock to won't be able to compete price wise any longer. This is hilarious and we need more of this. 
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Re: Prices of PC hardware made in China will increase 25% in price due to import tarrif 2018/09/18 15:19:08 (permalink)
Gamers Nexus had a video re tariffs. They stated that amazon requires vendors NOT to raise their prices on tech, but instead take a hit to their profits
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Re: Prices of PC hardware made in China will increase 25% in price due to import tarrif 2018/09/18 15:20:13 (permalink)
The real failure is not the current trade disputes in the OP, it's Americans total lack of a proper education...  
 
Alot of those same Americans don't even understand that the Chinese don't pay the tariff, they do--> directly to the US Treasury as a tax  
Most of them also don't understand that the Chinese -pay- for the largest percentage of our current U.S. Government deficit funding. http://ticdata.treasury.gov/Publish/mfh.txt and what could happen if they failed to continue to do so.
 
There is nothing funny and nothing to be proud about, going on here. Just because China (and others) are following the American model for growing their economies and middle class, does not mean we can turn back the clock here in America.  
 
Sadly most Americans don't understand the real details of this issue and the risks involved. Makes me ashamed to be an American.
Understanding simple history and very basic economics was once one of America's greatest strengths.    
 
Today these "Americans" actually think that this will force jobs back into America.
-->when of course the overwhelming majority of the jobs will simply go to "other" (lower cost) countries unaffected by tariffs.
 
You can't change how economics works, and America practically invented the modern consumer capitalism model.
Yet today the average American appears to have no idea how economies work or what consumer capitalism really is.
 
How sad     
 
 
post edited by maniacvvv - 2018/09/18 15:44:45




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Re: Prices of PC hardware made in China will increase 25% in price due to import tarrif 2018/09/18 16:10:58 (permalink)
maniacvvv
The real failure is not the current trade disputes in the OP, it's Americans total lack of a proper education...  
 
Alot of those same Americans don't even understand that the Chinese don't pay the tariff, they do--> directly to the US Treasury as a tax  
Most of them also don't understand that the Chinese -pay- for the largest percentage of our current U.S. Government deficit funding. http://ticdata.treasury.gov/Publish/mfh.txt and what could happen if they failed to continue to do so.
 
There is nothing funny and nothing to be proud about, going on here. Just because China (and others) are following the American model for growing their economies and middle class, does not mean we can turn back the clock here in America.  
 
Sadly most Americans don't understand the real details of this issue and the risks involved. Makes me ashamed to be an American.
Understanding simple history and very basic economics was once one of America's greatest strengths.    
 
Today these "Americans" actually think that this will force jobs back into America.
-->when of course the overwhelming majority of the jobs will simply go to "other" (lower cost) countries unaffected by tariffs.
 
You can't change how economics works, and America practically invented the modern consumer capitalism model.
Yet today the average American appears to have no idea how economies work or what consumer capitalism really is.
 
How sad     
 
 
^ lol, I'm sure that won't insult anyone at all, despite also being a little misleading in its arrogance - you make it sound like tariffs only hurt US consumers and don't affect China. That of course is incorrect.
 
Tariffs costs the Chinese in export income because the US demand for their products decreases as the price of those products here increases due to tariffs. Invisible hand at work. As that price here increases, it opens production opportunities here as it becomes viable to actually produce those items locally, whereas previously we could not compete due to the fact we don't have slave labor, or at least not to the extent that China does, and China already had lopsided trade agreements with us (you realize 'trade agreement' is often just a nice way of saying tariffs, right?)
 
You make a point that tariffs on China will just shift those markets to other offshore locations and not here. In some markets segments that is true, but certainly not all, however, the reason we had such lopsided trade with China was because nobody else could produce export goods as cheaply as China either. Fact is that there have been some industries that have started to grow/open in the US as a direct result of this because it is now viable to do so. Sure, profit margins will be tight, but at least the money is going back into the US economy and not directly to some other country. If you are too short sighted to see the benefit of that, well, shame on you.
 
Protectionism can certainly be a positive in the short term, and clearly it seems to be doing just that with previously shuttered industries starting to go back into operation, jobs being far more plentiful, and the economy going gangbusters, but long term ultimately it's not good, I think that's where you are stuck. I don't think POTUS intends to make this a long term thing though, the idea is just to 'rebalance' the scales more fairly. POTUS also suggested dropping all tariffs on BOTH sides - in fact that would be better for the US because existing tariffs (also known as trade agreements lol) were so severely lopsided.
 
In the short term, protectionism creates lots of new jobs (and it has) and allows US industry time to develop competitive advantages (product quality is definitely one of them), although once China start doing the same it can negate the benefits in US.. and that's when it becomes 'tit for tat', also known as a trade war. I believe the plan going forward is to loosen up these tariffs as trade becomes more equitable though.
 
I'm glad you mentioned China holding so much US debt. In the current situation, this works to US advantage - if China push too hard to the point it screws the US economy, they end up screwing themselves because of the debt they hold, so it acts like a kind of insurance policy.
 
As I said earlier, the economy is currently undergoing one of the biggest booms in history, and I'm happy to pay a bit more for some items if it's contributing to the US economy rather than China's, because ultimately the more money that stays in the US economy, the better for the US. Now if buying American and trying to help the economy is shameful to you, well.. shame on you - "how sad" indeed. I guess we don't operate with the same moral compass.
 
Sorry if the above is somewhat disjointed, I'm being interrupted by a 6 year old every couple of minutes...
 
post edited by Nereus - 2018/09/18 17:10:20


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#55
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Re: Prices of PC hardware made in China will increase 25% in price due to import tarrif 2018/09/18 16:43:43 (permalink)
Trade wars are dumb, no one wins, everyone loses. 
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Re: Prices of PC hardware made in China will increase 25% in price due to import tarrif 2018/09/18 17:24:13 (permalink)
Nereus
 
^ lol, I'm sure that won't insult anyone at all, despite also being a little misleading in its arrogance - you make it sound like tariffs only hurt US consumers and don't affect China. That of course is incorrect.
 
Tariffs costs the Chinese in export income because the US demand for their products decreases as the price of those products here increases due to tariffs. Invisible hand at work. As that price here increases, it opens production opportunities here as it becomes viable to actually produce those items locally, whereas previously we could not compete due to the fact we don't have slave labor, or at least not to the extent that China does, and China already had lopsided trade agreements with us (you realize 'trade agreement' is often just a nice way of saying tariffs, right?)
 
You make a point that tariffs on China will just shift those markets to other offshore locations and not here. In some markets segments that is true, but certainly not all, however, the reason we had such lopsided trade with China was because nobody else could produce export goods as cheaply as China either. Fact is that there have been some industries that have started to grow/open in the US as a direct result of this because it is now viable to do so. Sure, profit margins will be tight, but at least the money is going back into the US economy and not directly to some other country. If you are too short sighted to see the benefit of that, well, shame on you.
 
Protectionism can certainly be a positive in the short term, and clearly it seems to be doing just that with previously shuttered industries starting to go back into operation, jobs being far more plentiful, and the economy going gangbusters, but long term ultimately it's not good, I think that's where you are stuck. I don't think POTUS intends to make this a long term thing though, the idea is just to 'rebalance' the scales more fairly. POTUS also suggested dropping all tariffs on BOTH sides - in fact that would be better for the US because existing tariffs (also known as trade agreements lol) were so severely lopsided.
 
In the short term, protectionism creates lots of new jobs (and it has) and allows US industry time to develop competitive advantages (product quality is definitely one of them), although once China start doing the same it can negate the benefits in US.. and that's when it becomes 'tit for tat', also known as a trade war. I believe the plan going forward is to loosen up these tariffs as trade becomes more equitable though.
 
I'm glad you mentioned China holding so much US debt. In the current situation, this works to US advantage - if China push too hard to the point it screws the US economy, they end up screwing themselves because of the debt they hold, so it acts like a kind of insurance policy.
 
As I said earlier, the economy is currently undergoing one of the biggest booms in history, and I'm happy to pay a bit more for some items if it's contributing to the US economy rather than China's, because ultimately the more money that stays in the US economy, the better for the US. Now if buying American and trying to help the economy is shameful to you, well.. shame on you - "how sad" indeed. I guess we don't operate with the same moral compass.
 
Sorry if the above is somewhat disjointed, I'm being interrupted by a 6 year old every couple of minutes...
 



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Hoggle
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Re: Prices of PC hardware made in China will increase 25% in price due to import tarrif 2018/09/18 17:45:39 (permalink)
xblackvalorx
Will this affect evga considering they're American based?



It will have an effect on a lot of companies who are American based as the chips on the cards like memory are bought from other countries like China. In some cases a product can have parts made in China then brought to America and assembled into a part sent to China again for more assembly before reaching the final product like a car.
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Re: Prices of PC hardware made in China will increase 25% in price due to import tarrif 2018/09/18 18:02:35 (permalink)
Nereus
rjohnson11
The problem that ordinary USA citizens don't see is that American steel lacks quality. In my personal opinion the USA steel industry hasn't put enough money into making sure steel factories have superior equipment and better trained personnel. The owners of those companies are taking too much money for themselves rather than invest in infrastructure. If American steel were competitive in the first place none of these tariffs would come to pass.

Have to call you out that regarding quality. Since the MTA (NYC subway system) started using cheap Chinese steel a couple of years ago, they've had multiple rails 'split' - all the Chinese ones, this never happened with US steel. This comes straight from a couple of MTA workers/supervisors who have to deal with the substandard imported Chinese steel every day. It's dangerous as hell, and MTA are having an increasing amount of issues with derailments, switching issues etc because of older parts being replaced with cheap imported crap.
 
As far as US CEOs taking obscenely high compensation, yes that's certainly true.
 




Really I don't think it's China as a country that is the fault but more of people buying the cheapest products that they can get. You could buy the cheapest American made steel and run into the same problems as a company can cut corners for profits in anyplace in the world.
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Re: Prices of PC hardware made in China will increase 25% in price due to import tarrif 2018/09/18 18:14:46 (permalink)
Nereus
maniacvvv
The real failure is not the current trade disputes in the OP, it's Americans total lack of a proper education...  
 
Alot of those same Americans don't even understand that the Chinese don't pay the tariff, they do--> directly to the US Treasury as a tax  
Most of them also don't understand that the Chinese -pay- for the largest percentage of our current U.S. Government deficit funding. http://ticdata.treasury.gov/Publish/mfh.txt and what could happen if they failed to continue to do so.
 
There is nothing funny and nothing to be proud about, going on here. Just because China (and others) are following the American model for growing their economies and middle class, does not mean we can turn back the clock here in America.  
 
Sadly most Americans don't understand the real details of this issue and the risks involved. Makes me ashamed to be an American.
Understanding simple history and very basic economics was once one of America's greatest strengths.    
 
Today these "Americans" actually think that this will force jobs back into America.
-->when of course the overwhelming majority of the jobs will simply go to "other" (lower cost) countries unaffected by tariffs.
 
You can't change how economics works, and America practically invented the modern consumer capitalism model.
Yet today the average American appears to have no idea how economies work or what consumer capitalism really is.
 
How sad     
 
 
^ lol, I'm sure that won't insult anyone at all, despite also being a little misleading in its arrogance - you make it sound like tariffs only hurt US consumers and don't affect China. That of course is incorrect.
 
Tariffs costs the Chinese in export income because the US demand for their products decreases as the price of those products here increases due to tariffs. Invisible hand at work. As that price here increases, it opens production opportunities here as it becomes viable to actually produce those items locally, whereas previously we could not compete due to the fact we don't have slave labor, or at least not to the extent that China does, and China already had lopsided trade agreements with us (you realize 'trade agreement' is often just a nice way of saying tariffs, right?)
 
You make a point that tariffs on China will just shift those markets to other offshore locations and not here. In some markets segments that is true, but certainly not all, however, the reason we had such lopsided trade with China was because nobody else could produce export goods as cheaply as China either. Fact is that there have been some industries that have started to grow/open in the US as a direct result of this because it is now viable to do so. Sure, profit margins will be tight, but at least the money is going back into the US economy and not directly to some other country. If you are too short sighted to see the benefit of that, well, shame on you.
 
Protectionism can certainly be a positive in the short term, and clearly it seems to be doing just that with previously shuttered industries starting to go back into operation, jobs being far more plentiful, and the economy going gangbusters, but long term ultimately it's not good, I think that's where you are stuck. I don't think POTUS intends to make this a long term thing though, the idea is just to 'rebalance' the scales more fairly. POTUS also suggested dropping all tariffs on BOTH sides - in fact that would be better for the US because existing tariffs (also known as trade agreements lol) were so severely lopsided.
 
In the short term, protectionism creates lots of new jobs (and it has) and allows US industry time to develop competitive advantages (product quality is definitely one of them), although once China start doing the same it can negate the benefits in US.. and that's when it becomes 'tit for tat', also known as a trade war. I believe the plan going forward is to loosen up these tariffs as trade becomes more equitable though.
 
I'm glad you mentioned China holding so much US debt. In the current situation, this works to US advantage - if China push too hard to the point it screws the US economy, they end up screwing themselves because of the debt they hold, so it acts like a kind of insurance policy.
 
As I said earlier, the economy is currently undergoing one of the biggest booms in history, and I'm happy to pay a bit more for some items if it's contributing to the US economy rather than China's, because ultimately the more money that stays in the US economy, the better for the US. Now if buying American and trying to help the economy is shameful to you, well.. shame on you - "how sad" indeed. I guess we don't operate with the same moral compass.
 
Sorry if the above is somewhat disjointed, I'm being interrupted by a 6 year old every couple of minutes...
 




Thanks for your thoughtful reply
--------------------------------------
 
"Tariffs costs the Chinese in export income because the US demand for their products decreases as the price of those products here increases due to tariffs. Invisible hand at work. As that price here increases, it opens production opportunities here as it becomes viable to actually produce those items locally, whereas previously we could not compete due to the fact we don't have slave labor, or at least not to the extent that China does, and China already had lopsided trade agreements with us (you realize 'trade agreement' is often just a nice way of saying tariffs, right?"
 
"viable to actually produce those items locally"  is the key.  The minimum wage, regulation and american work ethic make that proposition highly unlikely.
What existing tariffs between the US and China had were based on decades of horse trading to expand and protect markets on both sides. Remember, if completely free trade was implemented the US could not compete as it has many disadvantages compared to China. That is unless the US worker making $4000 a month is willing to do the same job for $300 with 20 extra hours a week.... 
-------------------------------------- 
 
"In the short term, protectionism creates lots of new jobs (and it has) and allows US industry time to develop competitive advantages (product quality is definitely one of them), although once China start doing the same it can negate the benefits in US.. and that's when it becomes 'tit for tat', also known as a trade war. I believe the plan going forward is to loosen up these tariffs as trade becomes more equitable though."
 
History shows that protectionism cannot offset the net loss of export jobs and income, unless sustained for decades.
I agree that some of the trade positions the USA boxed itself into have become untenable, but one must have overwhelming strength when playing hardball and the fact is that China has that strength at this time, not the USA.
----------------------------------------
 
"I'm glad you mentioned China holding so much US debt. In the current situation, this works to US advantage - if China push too hard to the point it screws the US economy, they end up screwing themselves because of the debt they hold, so it acts like a kind of insurance policy."
 
This statement is so ridiculous it's frightening.
If China were to "put the screws" and simply stop buying T-Bills and bonds--> the US economy would be shattered. There just isn't anyone else who can buy that consistent amount (or would want to) -->look at what has happened in south america and europe when public debit became unsellable at any price....
-----------------------------------------
 
"As I said earlier, the economy is currently undergoing one of the biggest booms in history"
Completely false, the -only- sector of the US economy (real jobs) that is showing sustained growth is "Service" and has been that way for decades.
--------------------------------------------
 
"I'm happy to pay a bit more for some items if it's contributing to the US economy rather than China's, because ultimately the more money that stays in the US economy, the better for the US."
Again, completely false. US customers want quality and/or price... Think Zenith, RCA, US Steel etc...
If you show any american the -exact- same shirt, one costing $30 and the other costing $10... the american will buy the one for $10, just drive around the NE united states for the history lesson on that fact.
----------------------------------------------- 
 
 
"Now if buying American and trying to help the economy is shameful to you, well.. shame on you - "how sad" indeed. I guess we don't operate with the same moral compass."
 
At least I am honest. I don't care where its made, I care about its suitability, quality and price.
Once again... history doesn't lie, when sony made better and cheaper TV's than Zenith--> americans bought Sony and that's just a few years after everything from Japan was considered "junk" and it's a perfect example given today's issues. America lost consumer electronics to Japan (with lots of american components), which then lost to South Korea (with lots of chinese components) and the cycle repeats... 
-------------------------------------------------
 
 
You should not light a match to look into a gas tank, if you do... what is your excuse?
The US should thoughtfully approach trade issues knowing that political issues will -always- influence decisions (history), lest it pick a fight that destroys its economy and lets its citizens pick up the tab(again, history).  
 
The current tariff issues are deadly serious business and the only -real- loser will be hard working americans and their families, should it be done by people kicked out of 5th grade.
Smart, educated, honest adults at the table only please
          
 
 
post edited by maniacvvv - 2018/09/18 18:36:30




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