04-29-2025, 12:15 PM
'l'll just check my Giveashitometer....Nope. Nothing...
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04-29-2025, 01:07 PM
(04-29-2025, 12:01 PM)CriticalStinker Wrote: Amazon denying the reports… but if they were true, what’s the difference between showing that vs sales tax on a receipt? We have seen blowback on something similar, One company immediately raised prices on all products by 30%. The problem is that they have huge in-country warehouses packed to the brim with non-new tariffed goods, now with prices raised by 30% when they were paid for in full, when they landed well before the terrible Trump tariff wars of 2025. Would be one potential issue off the top of my head. Welcome to the neighborhood
His mind was not for rent to any god or government
Always hopeful yet discontent, knows changes aren't permanent But change is Professor Neil Ellwood Peart ![]()
04-30-2025, 09:53 AM
(04-29-2025, 01:07 PM)putnam6 Wrote: We have seen blowback on something similar, One company immediately raised prices on all products by 30%. The problem is that they have huge in-country warehouses packed to the brim with non-new tariffed goods, now with prices raised by 30% when they were paid for in full, when they landed well before the terrible Trump tariff wars of 2025. We’ve seen similar things in my industry. While I have no doubt some will be greedy either it, I’ve seen some vendors just say 20% across the board. They anticipate that will ultimately be a hit seeing as every nation has 10%, and China is at 145%~. So even if most of a piece of gear is made elsewhere, a percentage of the parts being Chinese could make the equipment 30% or more. Ultimately, we’re in uncharted waters, and no one has dealt with a situation like this. That said, we’ve all been sharing what the markup is in our industry with vendors and customers (businesses). I don’t see why it should be any different for the average consumer.
04-30-2025, 12:12 PM
(04-30-2025, 09:53 AM)CriticalStinker Wrote: We’ve seen similar things in my industry. I have no problem Amazon showing thier markup, but if it's hip to show markup up why not do it before? Because if the GP knew how ridiculously high some of Amazon's markups are in relation to the landed costs, some wouldn't buy out of spite Plus it's doubtful it would be a line item markup, because loads of Chinese suppliers will eat differing percentages of the tariffs. Especially for Amazon. Hell, we rarely have uniform markups; lots of companies do that. One company's top sellers were given much higher markups instead of a uniform percentage across the board. Most suppliers have volume discounts and end-of-season discounts, so we'd regularly order our top sellers in volume and out of season to get a lower landed cost. Other units have a higher ratio and a much higher landed cost.
His mind was not for rent to any god or government
Always hopeful yet discontent, knows changes aren't permanent But change is Professor Neil Ellwood Peart ![]()
04-30-2025, 12:43 PM
(04-30-2025, 12:12 PM)putnam6 Wrote: I have no problem Amazon showing thier markup, but if it's hip to show markup up why not do it before? Because if the GP knew how ridiculously high some of Amazon's markups are in relation to the landed costs, some wouldn't buy out of spite I don’t expect any vendor to disclose their profit margin. And I personally despise Amazon, rarely using them unless I’m absolutely in a pinch. But they’re able to remain competitive, albeit, I think their pricing used to be far better. But my point was more that many have been transparent about what added markup is accounting for the tariffs. That’s something I’ve seen many be transparent about in my industry, as we usually see yearly price increases at preannounced times (usually 2-5%). This increase was not the yearly, but purely to address tariffs.
04-30-2025, 01:38 PM
(04-30-2025, 12:43 PM)CriticalStinker Wrote: I don’t expect any vendor to disclose their profit margin. And I personally despise Amazon, rarely using them unless I’m absolutely in a pinch. But they’re able to remain competitive, albeit, I think their pricing used to be far better.Bottom line, these current rates are temporary... we are playing economic chicken with China, I think we will have negotiations in 3-4 weeks. Question is who blinks...China/XI got hit in the feelz, it will last a bit longer. Thats wild hearing of yearly price increases, our industry tries to hold the line on price increases, unless there are outside influences. Gasoline prices/shipping costs, etc. It's funny, I used eBay for a while during COVID, and brands I use over and over, I try and order directly from the company. Still, I did this for the People's Choice Beef Jerky bought it from the company at the time was 25 bucks for a pound and a half. Amazon had the same item for 21.99, plus Amazon ships cheaper and quicker. Business supplies paper, ink jet cartridges, laser jet cartridges, and the time saved by buying online
His mind was not for rent to any god or government
Always hopeful yet discontent, knows changes aren't permanent But change is Professor Neil Ellwood Peart ![]()
04-30-2025, 03:45 PM
(04-30-2025, 01:38 PM)putnam6 Wrote: Bottom line, these current rates are temporary... we are playing economic chicken with China, I think we will have negotiations in 3-4 weeks. Question is who blinks...China/XI got hit in the feelz, it will last a bit longer. The 10% for every country may remain, which is still a big increase on a lot of goods. And we have to increase prices every year, the inflation goal set out by monetary policy is 2% a year, which we’ve been exceeding. We deal with large equipment that uses a lot of electrical gear and tech, so the commodity prices are typically increasing for those products. The biggest issue we’ve faced is the supply chain disruption. Some of our orders have gotten stuck on cargo ships for extended periods of time while they figure out how to navigate the tariff process. This part will probably resolve itself once things stabilize. But ultimately, all of the tariffs are being passed to the end user, that’s the market norm. Our customers know they are eating it, and we tell them how much it is that got tacked on. Some of the equipment we sell is custom, with up to a 9 month lead time. In the past, we were able to lock in the price, and hold that at the time of purchase order. That is gone, everything has a waiver now that says tariff pricing can change at any time, and even our standard quoted from vendors have gone from a 90 day period, to 14-30 day. And if the end goal is just to make deals with countries, and get rid of the tariffs, what was the purpose I wonder? Very few people are going to bring back manufacturing if the narrative is we’re going to strike deals. So ultimately, the deals benefit US transnational corporations who do better business abroad, and we the end consumers paid for that through this rough period of deal making. (04-30-2025, 03:45 PM)CriticalStinker Wrote: The 10% for every country may remain, which is still a big increase on a lot of goods. None of that supersedes the US was/is getting shafted in most of its trade deals with other countries, now, some will just pay the 10%, some will negotiate. Just getting some countries to eat the 10%, which will happen. The US is the top importer for 62 countries, so that 10% tariff will most likely be eaten on thier end, not Uncle Sam's, or that's my understanding of the theory. But just 10% is a huge windfall for the US. The negotiations will be sector-specific; textiles and apparel aren't a likely priority. Even then, there are different deals done between a Chinese supplier and an American company; a larger Uncle Sam company will get the Chinese supplier to eat the tariff, and so on, with varying percentages. Or thats what occurs in our industry, I imagine this occurs in other industries as well. As for bringing back manufacturing, thats a long process in our industry, it will be one of the last to return if ever. But again, it's percentages, just an increase of 10% could mean loads of jobs.... It all depends on how long before they negotiate and the percentages negotiated https://x.com/ChinaUncensored/status/191...8069952649 ![]() GrrrGraphics-Ben Garrison Cartoons @GrrrGraphics =#ffffffTrump Riding the Dragon! Breaking News China removes the 125% tariff on ethane imports from the U.S.A. Source- Reuters 11:37 AM · Apr 29, 2025 China creates list of US-made goods exempt from 125% tariffs, sources sayBy Andrew Silver April 30, 202512:05 AM EDTUpdated 6 hours ago
His mind was not for rent to any god or government
Always hopeful yet discontent, knows changes aren't permanent But change is Professor Neil Ellwood Peart ![]()
05-01-2025, 07:29 AM
(04-30-2025, 06:24 PM)putnam6 Wrote: None of that supersedes the US was/is getting shafted in most of its trade deals with other countries, now, some will just pay the 10%, some will negotiate. Just getting some countries to eat the 10%, which will happen. The US is the top importer for 62 countries, so that 10% tariff will most likely be eaten on thier end, not Uncle Sam's, or that's my understanding of the theory. But just 10% is a huge windfall for the US. Some will probably make deals, but there are large economies that don’t seem to be able to have a path for that in 90 days. Much of the “reciprocal” tariffs don’t match the tariffs other countries impose on the US. Rather, they note barriers, including VAT which is essentially sales tax charged on all goods, not just US or foreign. Other trade imbalances are simply regulatory like with our meats or food products not meeting other countries standards. Or our vehicles just not being popular like in Japan where they have no tariffs on US cars. There may be some places that subsidize goods to get them over here, China is doing that with some things. But on the vendor side I can confidently say many of us are being 100% transparent that we are passing all of the cost to the end user. We are businesses, not charities. Why would we lose money to stay in business? This was a tax on the American people to make better deals for transnational corporations. It is incredibly unlikely we see any “benefit” from this. Even if 10% tariffs stay, countries wouldn’t have moved manufacturing if they were only getting 10% cheaper production costs abroad, that would be wiped out by shipping and other costs in off shoring. Making a shirt or small plastic widget is multiples cheaper abroad, and honestly, at our point in maturity as an economy, we shouldn’t want that. Who wants to make a shirt in a factory? We should want advanced manufacturing and chip making (the latter is actually coming to fruition). Who cares about the small stuff. (05-01-2025, 07:29 AM)CriticalStinker Wrote: Some will probably make deals, but there are large economies that don’t seem to be able to have a path for that in 90 days.
His mind was not for rent to any god or government
Always hopeful yet discontent, knows changes aren't permanent But change is Professor Neil Ellwood Peart ![]() |
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