The trade war is making 1,300 products more expensive

Source: CNN MONEY
Published: Sep 3, 2019
Author: Michelle Toh
Post Date: 2019-09-03 16:15:26 by ndcorup
Views: 1087

Here's a good list of increased Tariffed items that we can't live without. Only one question I have is --- "WHY" can't we produce them here? The trade war is making 1,300 products more expensiveby Michelle Toh @michelletoh235 July 6, 2018: 9:34 AM
PICTURE HERE------ not shown
A worker sorting canned peaches for export at a factory in Xiayi in China's central Henan province.
— Apples — Bananas — Coconuts — Pineapples — Oranges — Pears — Peaches — Oats — Corn (Maize) — Rice (semi-milled or wholly milled) — Brown and Basmati rice — Corn and potato starch — Peanuts, almonds, walnuts, and chestnuts — Pistachios — Soybeans
PICTURE HERE -------------- not shown
Workers sort dried seafood for export at a factory in Lianyungang in China's eastern Jiangsu province on July 5.
— Trout, salmon, yellow fin tuna, cod and seabass (excluding fillets or other meat portions) — Anchovies — Lobsters, crabs and squid — Shark fins — Shrimp and prawns — Caviar — Frozen salmon fillets — Dried fish — Frozen pork — Frog legs — Pork, other than hams, shoulders, bellies (streaky) and cuts thereof, salted, in brine, dried or smoked
— Onions and garlic — Cauliflower and broccoli — Carrots and turnips — Truffles — Sweetcorn — Frozen potatoes, mushrooms and tomatoes
— Soy sauce — Sugars and sugar syrups — Bread, pastry, cakes and biscuits — Jams
— Rice wine or sake — Sparkling wine (only made from grapes) — Fruit and vegetable juices that contain vitamins or minerals
— Toilet paper — Air conditioning machines — Refrigerators — Freezers — Lawn mower parts — Dryers — Sewing machines — Vacuum cleaners
— Bamboo and rattan furniture — Leather apparel and accessories — Leather belts — Baseball and ski gloves — Plastic raincoats — Luggage — Handbags — Musical instrument cases
— Natural graphite — Quartz, chalk, marble and granite — Silver and metal ores — Hard coal (anthracite) — Liquefied natural gas and propane
— Packing boxes and cases made of wood — Raw silk — Some types of wool — Some types of cotton — Some types of denim — Handmade paper — Porcelain or china ceramic wares — Some types of glass, stainless steel, iron, lead, zinc and titanium
— Lead-acid storage batteries for electrically powered vehicles — Lighting equipment used on bicycles — Chassis fitted with engines for some motor vehicles — Parts of farm wagons and carts — Trailers and semi-trailers
— Tobacco cigarettes — Epsom salts — Dog and cat food — Birds' eggs — Seaweed — Human hair — Badger hair — Guts and bladders of animals — Feathers used for stuffing and down — Axes and machetes — Bovine semen CNNMoney (Hong Kong) First published July 11, 2018: 11:52 AM ET https://money.cnn.com/2018/07/06/news/economy/china-us-tariffs-list/index.html?iid=EL


Poster Comment:

Just doesn't make sense to me. Can some jenius 'splain the smarts of this to me..................

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#1: ndcorup    To: All (#0)

Go to the link for a much easier to read and also well categorized article.

ndcorup posted on 2019-09-03 20:19:15   Reply   Private Reply


#2: Pinguinite    To: ndcorup (#0)

Only one question I have is --- "WHY" can't we produce them here?

Just doesn't make sense to me.

Generally, these items can't be made in the USA because they are not expensive enough. Producers of these goods would not make any profit, and may instead take a loss, if they tried. Consumers will always flock to the lowest prices, assuming quality is the same so if China makes them cheaper, US producers cannot or will not compete.

Pinguinite posted on 2019-09-03 20:34:53   Reply   Private Reply


#3: Lod    To: ndcorup (#0)

Bull cum, how come?

We have some of the finest cattle in the world right here, with plenty of AI straws for sale. Maybe even on Amazon, but I've not looked to confirm.

Lod posted on 2019-09-03 20:36:25   Reply   Private Reply


#4: ndcorup    To: Pinguinite (#2)

To some extent, I agree. But personally I spent 40+ years in a variety of manufacturing environments/product lines. I was Plant Manager of three very different manufacturing operations. Typically the Labor Cost of Product was in the 5-7% range of product Cost.

First I watched as corporations moved to Mexico for about a 2% savings in cost. The Quality suffered but that didn't matter.

Then the move was to Asia, not just China, eventually. In most cases new plants and equipment was bought, and semi-automated. There's no reason that shouldn't have happened here.

We send most of the raw materials on ships to be turned around as consumer goods. For the now decreased actual savings in Labor Content, we're looking at only Greed and Stupidity.

ndcorup posted on 2019-09-03 21:33:49   Reply   Private Reply