Manufacturing in China or India isn't cheap anymore
How do you know ? Have you tried it ?
just short sighted greed has killed off our industry and skills to the point all we can do is sit on our hands.
Tend to agree but tend to not, as well. For instance, retailers triple the price on what they sell. But if they didn't, they'd either go out of business or make no money at all, so why bother ?
There is a component of greed but the cost structure, at least of the US, is so distorted that rational commerce is impossible. There are so many other things involved, such as the ridiculously ineffective double-priced health care, brain-dead insurance costs, blood-sucking permitting processes, accounting costs, legal fees, and then the entire financial sector mess ....
Meanwhile, the so-called "conservatives" bleat about the invisible hand.
Milacron, you titled this backwards. Chinese tariffs are all over, depending on the category of machine, but in most cases the reactive tariffs have been removed. In general, they run 7 to 9%, while US tariffs are about 4%. Generally. There is room there for rational negotiation, if the US were capable of that.
US press coverage btw is
shit, it squeals and whines about the ruling Communist Party this and authoritaritarian Xi Jinping that but never tells you what's really going on.
Immediately after the Drumpf's illegal tariffs went into effect, there was a reactive tariff levied on US-built machine tools. But since the US doesn't build much of anything, it wasn't a big deal for us. Did kill a couple of potential sales, thanks asshole in the White House, but mostly affected other products. Then they had those "trade talks" with the ignorant cocksucking Peter Navarro and China, in good faith, dropped the reactive tariffs on US built machinery. No reporting in the
Times or
Post, of course.
As a gesture of good will, Drumpf started screaming about "mishandling" of the "Wuhan Kung Flu" which the US press dutifully reported and certain US citizens regurgitated ad infinitem. Now the ignorant bastards are reporting that "Xi Jinping has not congratulated Mr Biden yet." (By the way, Mr Xi personally informed the Drumpf by phone of the dangers of the virus
long before it hit the US, and he
also personally and nationally well-wished the Drumpf when That Asshole got covid. What did he get in return ? Shit on.)
With the orange-haired piece of crap "making deals" it won't be long before the US is anathema to the entire world, and you can just damn well make your own products and grow your own fruits and vegetables. Which might work, if you had any factories or people left to man them. Ask wheelieking how that works out, maybe he can find some skilled baristas to run his machining centers. If they can get up that day and their dog didn't eat the directions to work, anyhow. And oh yeah, you could pay ten times more, at least, for
everything.
With the biggest asshole in US history at the helm, Mr Xi is understandably reluctant to make waves yet. It could be quite expensive. It has
nothing to do with authoritarianism, the ruling Communist Party, or any of the other swill they habitually sling at China.
In regards to your original question, Customs publishes a schedule of tariffs. But I would not bet on them staying the same, until we evict that worthless son of a bitch from the white house. Personally, I'd enjoy seeing that. The US army could finally deal with a deserving opponent.
Guideline : senile elephant in must, as PDW so aptly put it. Keep that in mind and you can't go wrong.