Wednesday, August 8th 2018
PC Hardware to Get Pricier Stateside as 25% Import Tariffs Take Effect Late-August
The ongoing US-China trade-war is going to jack up prices of PC hardware and other electronics products made in China (PRC). This will also affect prices of products made by American companies that are manufactured in China. A new tranche of goods and services prescribes a 25 percent import tariff on "electronic integrated circuits: processors and controllers," "electronic integrated circuits: memories," "electronic integrated circuits: amplifiers," "electronic integrated circuits: other," which about covers all PC hardware. This tariff takes effect on August 23, 2018.
A component costing $100 at a US port, could be inflated to $125 before Federal and State taxes are applied, not to mention costs of the rest of the supply-chain, leading up to your retailer and their margins. Not all PC hardware is made in China. Goods imported from Taiwan (ROC), South Korea, Japan, the Philippines, Thailand, Singapore, and Malaysia (the other known countries where PC hardware is manufactured), remains unchanged. China remains America's biggest source of electronics imports.Many Thanks to Flyordie for the tip.
Source:
CNN
A component costing $100 at a US port, could be inflated to $125 before Federal and State taxes are applied, not to mention costs of the rest of the supply-chain, leading up to your retailer and their margins. Not all PC hardware is made in China. Goods imported from Taiwan (ROC), South Korea, Japan, the Philippines, Thailand, Singapore, and Malaysia (the other known countries where PC hardware is manufactured), remains unchanged. China remains America's biggest source of electronics imports.Many Thanks to Flyordie for the tip.
194 Comments on PC Hardware to Get Pricier Stateside as 25% Import Tariffs Take Effect Late-August
Every Major Power Plans and Trains against Every other power (its Called Contingency planning)
Heck even the UK plans these thing's ( Our last plan against the USA was the Deployment of Piers Morgan ..:D:roll:)
then there are the Proxy war efforts
www.cnn.com/2018/08/16/politics/china-military-mission-targeting-us/index.html
www.usatoday.com/story/news/2018/08/17/china-military-training-strike-us-pentagon-report/1017278002/
I'm not particularly alarmed or anything. China is remarkably peaceful as a "superpower". Moreso than the US and Russia has been at least.
China has also been predatory lending to other countries like Macedonia. TL;DR:
1) Macedonia agreed to an infrastructure project that costs more than Macedonia's economy makes in a year.
2) Macedonia was told no less than two times the project will never pay for itself in terms of economic activity.
3) China swooped in with their own reports that conflicted with #2, they offered a massive loan to start construction with two conditions: the majority of labor had to be performed by Chinese (as in forced immigration/settlement in Macedonia) and if Macedonia ever fails to make interest payments on the loan, China will own the project forever.
4) The project is about 1/3 complete and has run Macedonia into the ground.
5) Now Macedonians are protesting their government that signed a bad deal with China and collapsed their economy.
This is how China wages war: extends one hand in peace while the other hand is ready to drive a dagger in your neck.
Chinese Spending Lures Countries to Its Belt and Road Initiative
China didn't have money to do these things in the first place. It took on debt to fund the projects. The tariffs and economic instability that it brought are making China's debt load punishing because China's economy is literally powered by trade with other countries. No more stealing industry from other countries means the factories that created a middle class in China no longer have orders to produce. No orders means letting people go. People with out pay have to go back to the farms to work. Middle class is quickly turned back to impoverished. This leads to unrest. China likely has 10 contingency plans to protect the Communist Party from uprisings for every contingency plan they have for the USA.
edit: Re: Insidiousness - This is also why I hope Japan maintains their resurgence back at the economical food chain...and should just re-militarize to boot. They're the best buffer to China. Taiwan is a bust.
Nothing surprises me about CPC, expect literally anything to hang on to power.
I already gave one example: Macedonia. They were doing okay until China made them an offer they couldn't refuse.
Have another example: China-Pakistan Economic Corridor (another arm of the Belt & Road Initinative) has China building a road in Pakistani territory that India occupies. They're effectively injecting themselves into a very old fued and colonizing Pakistan while they are at it. In time, these countries will become (are already becoming) proxy states.
...And we saw -- no, we see -- the results of that in the Iraq war. This is after the Cold War ended, and the same shenanigans continued under the guise of a "conservative" label. Then even after denouncing the Iraq War, another Leftist (Obama) just carried the same Wilsonian plan out once again in the Middle East. He was no different! Now Syria and Libya are complete wastelands, and others are on shaky ground at best. All of this might not be fixed for a hundred years at least.... and it had nothing to do with the Cold War.
I almost respect the Soviet's more, since they didn't obfuscate anything.. Communism has always had worldwide ambitions from the start. That starts with Marx himself.. since he was a utopian and thought this political model was the "destiny" of history or some stupid shit. Luckily, they were too limited economically to spread their taint as much they would have liked. That's what makes Americans kind of worse. They have the money to continue.
/rantoff
edit: If I sound antagonistic to America, I'm not. I am an American (err.. Asian American to be exact)... but more on the isolationist side.
Syria, Libya, Yemen, Saudi Arabia, Egypt, etc. are all tied to the Arab Spring (mostly uprisings against dictators installed during the Cold War). Syria very much smells of Cold War proxy war but instead of being over Communism, it is about Geneva-banned chemical weapons and ethnic cleansing.
Afghanistan was Cold War. The rest were mostly fallout from WWII (but so was the Cold War itself).
Empty hotels, idle boats: What happens when a Pacific island upsets China Chinese tourists and investments -> do something politically to make China mad (like support Taiwan) -> China bans pretty much everything -> economy that was growing because of Chinese influence suddenly reverses -> nation has elections -> pro-Chinese candidate wins -> China has another puppet government that no longer recognizes Taiwan as a sovereign state
Rince and repeat. These countries are vulnerable to economic exploitation and China exploits it. It's going to take a lot more than tariffs to make China stop it. It's going to take investment funds that exceed China's capacity to invest on a condition of accepting no investment from China (aka provide a better detail that promotes freedom).
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Trade war puts new strains on America Inc's factories in China
Companies are talking about moving production to Cambodia, Thailand, Malaysia, Vietnam, United States, and India. Virtually all are talking about reevaluating their supply chain and where they manufacture.
This quote surprised me: Electricity and land is expensive in China. --------------------------------------------------
@btarunr here comes the US import tariffs on consumer goods:
Proposed Modification of Action Pursuant to Section 301: China's Acts, Policies, and Practices Related to Technology Transfer, Intellectual Property, and Innovation
It includes "8414.59.15 Fans used for cooling microprocessors, telecommunications equipment, or computers." 258 pages worth of tariffs that go into effect next month. The Trump administration isn't kidding around anymore.