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Are you confusing "Imports" with machines made here?
No. Are you? If they invested 400M in a plant here to make these products, then why would tariffs on those products matter to them, if they are making them here?
It doesn't make any sense.
Quote:
Originally Posted by moneill
Samsung has been quite vocal in their statements today about the tariffs. They say it will impact their expansion plans. I don't say it - -they said it. Just saying.
Tariffs usually end up bad for the consumer -- higher prices, less choices.
Well, somewhere there is some confusion in this article. A tariff applies only to an imported product. So it shouldn't affect Samsungs' US-based manufacturing at all. If anything, it helps them.
The article is mistaken or confused, or deliberately attempting to mislead the reader. The tariffs are favorable for all US-based manufacturers. Which btw includes Puerto Rico so importers could still save a bundle on labor and put a plant there.
No. Are you? If they invested 400M in a plant here to make these products, then why would tariffs on those products matter to them, if they are making them here?
It doesn't make any sense.
Well, somewhere there is some confusion in this article. A tariff applies only to an imported product. So it shouldn't affect Samsungs' US-based manufacturing at all. If anything, it helps them.
The article is mistaken or confused, or deliberately attempting to mislead the reader. The tariffs are favorable for all US-based manufacturers. Which btw includes Puerto Rico so importers could still save a bundle on labor and put a plant there.
Higher prices mean less demand for new machines. Consumers will try to hold on to their existing machines longer.
Well, we were about to install a solar system this month. We had several quotes trying to beat this tariff. With this tariff in place, solar no longer makes financial sense to us. This is going to cost america jobs and will really hurt renewable energy progress.
Samsung has been quite vocal in their statements today about the tariffs. They say it will impact their expansion plans. I don't say it - -they said it. Just saying.
Tariffs usually end up bad for the consumer -- higher prices, less choices.
And yet...virtually every country except ours has policies, laws and regulations in place that protect their domestic companies from competing directly and fairly with foreign producers. These efforts are a mild step towards leveling the playing field.
The article is mistaken or confused, or deliberately attempting to mislead the reader. The tariffs are favorable for all US-based manufacturers. Which btw includes Puerto Rico so importers could still save a bundle on labor and put a plant there.
US manufacturers love tariffs, because then they do not have to lower their prices to compete with imports. Instead, the government forces the price of imports to go up to the level of domestic prices. The consumer has to pay a higher price, so manufacturers might like it, but consumers will hate it. It's regulation on steroids.
Well, we were about to install a solar system this month. We had several quotes trying to beat this tariff. With this tariff in place, solar no longer makes financial sense to us. This is going to cost america jobs and will really hurt renewable energy progress.
It wont stop with solar power. They are going to force price hikes on all products.
And yet...virtually every country except ours has policies, laws and regulations in place that protect their domestic companies from competing directly and fairly with foreign producers.
Which is why we have enjoyed cheaper consumer prices.
We'll save $5.00 a day with tax cuts, but end up paying $10 more in price hikes......
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