Big Relief for PC Component Shoppers: US Lifts Import Tariffs on Components from China

[Steevo]

and none of that address what a fraud tariffs are, just another excuse for the government to put their hands in someone's pocket. the only affects it has is the consumer who ends up paying more for at times, less.

Tariffs when used correctly help balance the trade between countries and encourage the domestic growth of a like product. In the hands of our corrupt government they are not very effective, but without a delve into politics again we the people of all countries need to look out first for our own and then see what we can do to help our fellow man.

 

[looniam]

Tariffs when used correctly help balance the trade between countries and encourage the domestic growth of a like product. In the hands of our corrupt government they are not very effective, but without a delve into politics again we the people of all countries need to look out first for our own and then see what we can do to help our fellow man.

that's a fine theory but it never works out like that. studies and research has shown that it only affects the consumer and there is also a cost to domestic production as those other countries impose their own tariffs in response.

nothing political about that.

 

[R-T-B]

I appreciate that we can be civil and disagree. I would like to see the US not reliant on Taiwan when I can't see how China won't take it over within the next 2 years. That isn't political, just a fact, friends in the Air Force in Japan are spooling up for it, Marines are going to Aussie land for it.

I can't take anything future dated as factual.

that's a fine theory but it never works out like that. studies and research has shown that it only affects the consumer and there is also a cost to domestic production as those other countries impose their own tariffs in response.

nothing political about that.

Something something we learned this in the protectionist era...

 

[MxPhenom 216]

If the economists are to believed, this should be a good thing across the board, it will benefit everyone around the world.

I am not an economist, though, I sure as hell am a realist, and I say, since everyone showed they don't give a rats ass about being fleeced, you can expect prices to remain high and go higher on future products.

Everyone? Only around 25% of previous Nvidia card owners upgraded to RTX 3000 cards based on Nvidias recent investor call. So there is a massive chunk of people who havent succumbed to the prices.

 

[SAL9000]

Yes they never play by the rules and never will. And no US does not cave in, only democrats do. That is why when dems are in power world is like at it is now. No security.

BS, The republicans cave as much as anyone else. Don't blame the Democrats for your issues. The world isn't as simple as you might think. So, unless you know the inner details, keep politics out this conversation. The trade deals both parties make when they are in the WH are incredibly complex, some of my former professors worked in the White House and all of them laugh at what the media reports. Most people have no idea how long a trade deal takes to put together and how many people are involved.

If your only concern is security, I wouldn't want to be associated with your type of mindset, security over freedom right? "Those who would give up essential Liberty, to purchase a little temporary Safety, deserve neither Liberty nor Safety." Benjamin Franklin said this quote and it still applies today.

 

[TheinsanegamerN]

Everyone? Only around 25% of previous Nvidia card owners upgraded to RTX 3000 cards based on Nvidias recent investor call. So there is a massive chunk of people who havent succumbed to the prices.

New generations typically only grab 25-30% of the market. Most people, shockingly, do not upgrade every generation.

Compared to the uptake of the 1000 series or the 2000 series, the 3000s are still selling pretty well.

BS, The republicans cave as much as anyone else. Don't blame the Democrats for your issues. The world isn't as simple as you might think. So, unless you know the inner details, keep politics out this conversation. The trade deals both parties make when they are in the WH are incredibly complex, some of my former professors worked in the White House and all of them laugh at what the media reports. Most people have no idea how long a trade deal takes to put together and how many people are involved.

If your only concern is security, I wouldn't want to be associated with your type of mindset, security over freedom right? "Those who would give up essential Liberty, to purchase a little temporary Safety, deserve neither Liberty nor Safety." Benjamin Franklin said this quote and it still applies today.

The issue with claiming that "both parties do it" is that democrats are the ones who lifted the chinese tariffs, while republicans did not, and seem hell bent on identifying anyone who prioritizes american interests over chinese ones as "evil nahtsees" that must be purged, including those in their own party. Do republicans have issues? yeah, all parties do. Are both parties equal when it comes to china? No a snowballs chance in hell.

 

[LFaWolf]

New generations typically only grab 25-30% of the market. Most people, shockingly, do not upgrade every generation.

Compared to the uptake of the 1000 series or the 2000 series, the 3000s are still selling pretty well.


The issue with claiming that "both parties do it" is that democrats are the ones who lifted the chinese tariffs, while republicans did not, and seem hell bent on identifying anyone who prioritizes american interests over chinese ones as "evil nahtsees" that must be purged, including those in their own party. Do republicans have issues? yeah, all parties do. Are both parties equal when it comes to china? No a snowballs chance in hell.

So imposing a tariff on imported Chinese goods, a tariff that the US consumers had to pay, and the money goes to the US government, is "tough" on China and is good for US interest?

 

[Vayra86]

It won't make a difference in Europe, since this was a US/PRC issue, the EU didn't levy any extra tariffs.

Hm yeah sure but the prices were still similar and worse than in the US. And they're dropping now, and will likely follow a further drop in the US. After all, we can just order abroad.

 

[ThrashZone]

Hi,
I did notice this morning local micro center has activated reserve on instock 30 series gpu's

 

[Vayra86]

New generations typically only grab 25-30% of the market. Most people, shockingly, do not upgrade every generation.

Haha sure, but ever since Pascal, we also had bi-yearly generations instead of pretty much yearly, and Turing wasn't exactly a big leap forward. So the fact that only 25% upgraded now, in this time of utterly piss poor generations and on top of that, the second RT gen, is a major deviation from the 'norm' that you specify. And for obvious reasons too. You're trying to add credibility to the narrative that 'people buy anyway regardless of price' but that's really not true, and it never has been. Money is a key component in any purchase decision, especially when it comes to luxury items. Availability is another not entirely unrelated one. If you can't buy the product you want, you'll not be ready to pay premium either. Only a tiny portion of the market is willing to go that extra mile despite price. Look at TPU, and even here its easy to see.

 

[HisDivineOrder]

The issue with claiming that "both parties do it" is that democrats are the ones who lifted the chinese tariffs, while republicans did not, and seem hell bent on identifying anyone who prioritizes american interests over chinese ones as "evil nahtsees" that must be purged, including those in their own party. Do republicans have issues? yeah, all parties do. Are both parties equal when it comes to china? No a snowballs chance in hell.

Serious question. Who paid for the tariffs? What happened when the tariffs applied to GPU's? Who paid for them? By all accounts, the tariffs were used as convenient cover for price increases during a period of financial instability in a wide range of markets.

Cost Increases and Tariffs: ASUS to Increase MSRP on Graphics Cards and Motherboards

www.anandtech.com

So who was doing what to China? Are you saying Republicans were actually doing something to China? Because from all appearances all they did was keep the people they were supposedly fighting for poorer and/or less able to buy the products they need/want. How is that working in American interests? Please explain how you see that from what actually happened. I can see you thinking that way before, but now?

 

[ThrashZone]

Hi,
Doesn't really matter to most seeing as long as gas is way over priced basics like food will be as well this hits everyone not just computer enthusiast.

 

[SAL9000]

New generations typically only grab 25-30% of the market. Most people, shockingly, do not upgrade every generation.

Compared to the uptake of the 1000 series or the 2000 series, the 3000s are still selling pretty well.


The issue with claiming that "both parties do it" is that democrats are the ones who lifted the chinese tariffs, while republicans did not, and seem hell bent on identifying anyone who prioritizes american interests over chinese ones as "evil nahtsees" that must be purged, including those in their own party. Do republicans have issues? yeah, all parties do. Are both parties equal when it comes to china? No a snowballs chance in hell.

Instead of reiterating GOP talking points why don't you do a simple search and you will find so many articles on how the GOP helped China rise to where it is today. For example "Republicans blasting China forget that the GOP enabled Beijing's rise". It took me a few seconds to find this. I could write a paper in a few days about how the GOP helped by its trade policies and pro-business policies help fuel the trend to send jobs overseas to China. But it really began during the Reagan administration in the 1980s when Ronald Reagan and led a push for more Laissez Faire economics. So to blame the Democrats is so far from the truth, please stop posting about subjects you know nothing about!

 

[kiriakost]

lol no pal. tariffs are used to raise prices of cheaper imports and force people to buy domestic products.

the ford festiva thanks you.

Do you still consider Ford as this be an American car?
Did you know that 95% of car tires are made due a special chemical made in Russia?

Tariffs = a political pressure point, if this gets misused it can cause damages too.

 

[95Viper]

Stick to the topic.
Stop the political party rhetoric.

 

[Nordic]

Manufacturers are dropping prices. https://www.pcmag.com/news/asus-to-lower-gpu-pricing-by-up-to-25-after-us-lifts-trump-era-tariffs

 

[lilhasselhoffer]

Thanks for the gift of strong laughs.
Find an well trained economist, so him to explain to you, of what is the actual amount of goods that China import, in contrast to the actual amount of China exports.
In the past years, the Americans use the tariff system so to force Asians getting more American cars, did not work then either.

So, let me just assume that some of this is lost in translation to whatever your native language is. I say this...because half of the responses here are very difficult to parse because they leave a lot to interpretation.

As far as economists go...you are missing the point. Let's explore the philosophy. You make widget A, and another country also makes widget A. The cost of labor in your country is double that of your competitor, and 25% of the cost is labor. This means that instead of the 100% cost you have to charge 112.5% to make the same amount of money.
You then go to your government, and push for an import tax. Said tax is placed at 13%...so the end consumer sees Widget A from you at 112.5% of the old cost, and the import widget A at 113% of the old cost. The consumer actually has to pay more period...to protect your business from competition.


Wow...that sounds like collectivism, rather than capitalism...oh right, it is. It's a government protecting local production, so advantages that other locations have cannot decimate domestic industries. In this instance the increased taxation is not paid by the people making the thing, it's paid by the end consumer to the government.

So, looking at this what is the logic here? Well, the US and China imposed trade tariffs on one another. The goal was to hit trade exports heavily, without damaging domestic production. In this case, China taxed US soybeans and the US taxed Chinese electronics. China hit that because foodstuffs are a surprisingly large export, whereas manufacturing of electronics is a huge deal.



Endgame...you've put the cart before the horse. If you have no domestic production of a good, then imposing tariffs only works if there are competing suppliers. China absolutely wants this. It's less of a carrot, and more of an iron infusion for a hemophylliac. It's not going to be the cure of everything, but it does a lot to alleviate huge short term problems. As far as the US...it's likely a cookie for a diabetic. Bad for them, but also a good stop-gap when there aren't a lot of ways to get what you want.

(edit)
To clarify, electronics are the cookie.
Iron is a food supply.
China is the original producer of Widget A.
Taiwan is the new competitor...that's much more palatable as an alternative.

 

[Final_Fighter]

So imposing a tariff on imported Chinese goods, a tariff that the US consumers had to pay, and the money goes to the US government, is "tough" on China and is good for US interest?

First off, no beef with you. To the question, it can be. if the government wasn't so corrupt than that money would go to schools and funding roads bridges and other things that further our society. (these things make it easier to build stuff here), it will also hopefully spur domestic production witch provides jobs and does more of the same. Tariffs have to be placed strategically tho and need to have a clear goal. if you are china you can essentially do everything cheaper than anybody else. this is a good thing for them in that they will get tons off industry. its bad for everybody else because we find ourselves unable to provide necessary goods and services (Meds, Metals, Masks, IC components ect.). One last point i would like to make. These tariffs are not just being imposed on some random nation with unclear intentions. They where imposed on China. You know, that country that is trying to upend the western global order, has strong ties to Russia, actively enslaves large groups of people, silences anything and everyone who does not agree with them. They are not exactly the best people to rely on. imagine if they decided to attack Taiwan tomorrow. i dont think the US or Nato could do shit or even sustain a trade war, something to think about. if Russia is hurting us this bad with just gas and fertilizer, imagine essentially everything we rely on China for.

 

[LFaWolf]

First off, no beef with you. To the question, it can be. if the government wasn't so corrupt than that money would go to schools and funding roads bridges and other things that further our society. (these things make it easier to build stuff here), it will also hopefully spur domestic production witch provides jobs and does more of the same. Tariffs have to be placed strategically tho and need to have a clear goal. if you are china you can essentially do everything cheaper than anybody else. this is a good thing for them in that they will get tons off industry. its bad for everybody else because we find ourselves unable to provide necessary goods and services (Meds, Metals, Masks, IC components ect.). One last point i would like to make. These tariffs are not just being imposed on some random nation with unclear intentions. They where imposed on China. You know, that country that is trying to upend the western global order, has strong ties to Russia, actively enslaves large groups of people, silences anything and everyone who does not agree with them. They are not exactly the best people to rely on. imagine if they decided to attack Taiwan tomorrow. i dont think the US or Nato could do shit or even sustain a trade war, something to think about. if Russia is hurting us this bad with just gas and fertilizer, imagine essentially everything we rely on China for.

So essentially, tariff is a tax on US consumers, for government to build out infrastructures? And I still don't see how this is tough on China. They are just passing the cost on to us.

 

[Steevo]

BS, The republicans cave as much as anyone else. Don't blame the Democrats for your issues. The world isn't as simple as you might think. So, unless you know the inner details, keep politics out this conversation. The trade deals both parties make when they are in the WH are incredibly complex, some of my former professors worked in the White House and all of them laugh at what the media reports. Most people have no idea how long a trade deal takes to put together and how many people are involved.

If your only concern is security, I wouldn't want to be associated with your type of mindset, security over freedom right? "Those who would give up essential Liberty, to purchase a little temporary Safety, deserve neither Liberty nor Safety." Benjamin Franklin said this quote and it still applies today.

The whole political system is corrupt and needs term limits and fewer laws more to the point.

 

[Why_Me]

BS, The republicans cave as much as anyone else. Don't blame the Democrats for your issues. The world isn't as simple as you might think. So, unless you know the inner details, keep politics out this conversation. The trade deals both parties make when they are in the WH are incredibly complex, some of my former professors worked in the White House and all of them laugh at what the media reports. Most people have no idea how long a trade deal takes to put together and how many people are involved.

If your only concern is security, I wouldn't want to be associated with your type of mindset, security over freedom right? "Those who would give up essential Liberty, to purchase a little temporary Safety, deserve neither Liberty nor Safety." Benjamin Franklin said this quote and it still applies today.

Three years ago the US offered both the EU and the UK a no tariff trade deal. The EU said 'no' and the Brits drug their feet too long and that offer is off the table with the new regime change here in the US. The EU loves its tariffs.

 

[Final_Fighter]

So essentially, tariff is a tax on US consumers, for government to build out infrastructures? And I still don't see how this is tough on China. They are just passing the cost on to us.

It leads to an increase in cost on foreign products and those products that are only produced in foreign countries. Domestic products do not go up in price as a result. Its only a tax In part on consumers of foreign products. And no, its not about taxing for infrastructure and so forth. Those are things that the government should be improving if it choses to impose a tariff. Its a tough on China stance because it does not let them simply consume an entire industry beacuse they can make it cheaper than anybody else.

 

[LFaWolf]

It leads to an increase in cost on foreign products and those products that are only produced in foreign countries. Domestic products do not go up in price as a result. Its only a tax In part on consumers of foreign products. And no, its not about taxing for infrastructure and so forth. Those are things that the government should be improving if it choses to impose a tariff. Its a tough on China stance because it does not let them simply consume an entire industry beacuse they can make it cheaper than anybody else.

Your point is valid in theory, except that we don't have any substitutes of Chinese made goods for a lot of the products, that the consumers end up having to pay for the tariff. In other words, there is no made in USA goods for many of the things that we buy. A lot of manufacturing is no longer happening in the USA.

 

[claes]

I don’t know what all of the politicking is about; the vast majority of the tariffs are still in place. If you read the source article, American chip manufacturers have been lobbying for this for month because it’s costing them more for components, which is why tariff escalation began in the first place (reliance on Chinese electronics that are potential security risks and a desire to produce them domestically).

 

[Final_Fighter]

Your point is valid in theory, except that we don't have any substitutes of Chinese made goods for a lot of the products, that the consumers end up having to pay for the tariff. In other words, there is no made in USA goods for many of the things that we buy. A lot of manufacturing is no longer happening in the USA.

Agreed. the US government need to start strategically picking critical industry to claw back in the long term. im not against trade, just there is a clear problem when the US is awarding Chinese medical producers DOD contracts for medical supplys.