Buying Keestar Sewing Machine 441 Directly From China..

[BDAZ]

2 hours ago, RusticLeatherShop said:

 

Lover the labour costs as well living costs within the USA, and then bring back all industries from China by taxing heavily all imports. Then things got straighten out again. That means an Juki TSC 441 clone has to be offered for about 1500 US$ (head + all accesoires) + Motor + reducer and table and very well the whole set will be availlable for below 2000 US$ but made in an Quality way from american workers.

I was really referring to the China of the 80s. Things have changed in many industries and are becoming more profit oriented with better QC. Garment and shoe production has already strated leaving China for cheaper countries like Vietnam and Cambodia.

 Unfortunately Trump is an idiot and doesn't understand that we now live in a global economy and his tariffs have already generated $12B in welfare for farmers after he trashed the soy export market and well on his way to trashing the US automotive, and many other export sensitive industries that will get hammered by reciprocating tariffs. Trump is focused on the next election, the Chinese on the next Generation!  Who do you think will come out on top?

 

Bob

Edited September 30, 2018 by BDAZ

[CowboyBob]

One more fly in the ointment,starting 9/24/18 there's a 10% tariff  on many goods from China & sewing machines & thread are on the list & it will be going up to 25% after 1/1/19.

[RusticLeatherShop]

1 hour ago, CowboyBob said:

One more fly in the ointment,starting 9/24/18 there's a 10% tariff  on many goods from China & sewing machines & thread are on the list & it will be going up to 25% after 1/1/19.

I buy thread at Amazon.com and most likely that Comes from China as well? So in the next few months I have to order some more to avoid high pricing. Just make the stuff for cheap in the US and you are on the right path. BTW, the latin Country I live in has put an 10% of Tax as well on ALL Amazon imports (even buying theoretically in the US, they Charge ALL items). But still better than the rip off mentality of local Shops (since international online Shopping is possible here, Prices have dropped considerably up to sometimes 500%. Example: local gunshops Charge about 300 to 400% more for gun imports from the USA, while some US-and here registred FFL Dealers Charge only 100% more of the US Price all included).

[RusticLeatherShop]

1 hour ago, BDAZ said:

Unfortunately Trump is an idiot and doesn't understand that we now live in a global economy and his tariffs have already generated $12B in welfare for farmers after he trashed the soy export market and well on his way to trashing the US automotive, and many other export sensitive industries that will get hammered by reciprocating tariffs. Trump is focused on the next election, the Chinese on the next Generation!  Who do you think will come out on top?

Global economy is a good Thing for the exporter, but an bad Thing for the importer. Where do you think Comes the whole US dept from? Because the US is a net IMPORTER while China is making the stuff the US made before.

It takes a thief to deal with another thief! Trumps University scandal and his croocked business models (Kind of rip off housing construction, charging high rents to poor americans, his granddaddy was a Pimp, etc) makes him the correct man to look through the comunists thieving scheemes and rip off trade models. Something has to be done to produce things again in the US instead abroad. For that wages have to come down drastically in the US in order to produce again within the Country. Same Thing in Germany. Buy an CB4500 in Germany: they cost there 3495 Euros that is about 4000+ US$. Insane! I told them thats a rip off but they claimed they have in Germany more stringent "Quality laws" which makes them of "higher Quality". Whatever Gimmick and excuse serves to jack the Prices up. So pricing is very much an reflection of the greedyness and Money addict of Dealers and the whole Society as well as cost of living. Bring down the wagens about 1000% as well as cost of living 1500% and every Country produces again things for their own economy.

300 Million consumers is much enough for US automobile industry. Satisfy the local market and do it the comunist way to shut slow down the factory till old cars have to be changed for new ones and turn the machines back on to full power. Meanwhile fix an Minimum income for EVERYBODY regardless they work or not. The whole US depth is a direct result from Globalism (global economy). BTW I am an Economist and lawyer. Chinese have retaliated already during 30 years by now.

Satisfy your own market, and if the Basics are covered like food, housing, education, security, car (tractor, truck) and work then your Basic Needs are covered. The rest is greedyness and tends to inflate the wages. That road the comunists went. We should learn some things from them but not all things. Refute the bad and Keep the good. Even the Bible says it. Have you ever noticed that the economic System of the Old Testament capitalistic was but the economy of the New Testament (church) was comunistic? So the good of both Systems have to be joined in order that it works Long Lasting. It's even in the Bible.

[strathmoredesigns]

On 9/30/2018 at 5:18 PM, CowboyBob said:

One more fly in the ointment,starting 9/24/18 there's a 10% tariff  on many goods from China & sewing machines & thread are on the list & it will be going up to 25% after 1/1/19.

@CowboyBob are you able to comment at all on how these will impact your business? I see Springfield is advertising a pre-tariff sale on their sewing machines. I can only assume all of the sellers will have to increase their prices at least a little. (Also, selfishly wondering if it makes sense to splurge on a big piece of metal before the new year).

[BDAZ]

 

Lets say a product currently costs $100 landed in the States. The importer will often mark the product up 50% to $150 to the whole sale distributor. Then The distributor would add 33%   with no new duty, then Trump slaps 25% duty. The product now sells to the dealers at $200. The dealer marks it up another 33% and it sell to the consumer for $266. Then Trump slaps 25% on the same product which now lands at $125, then sells to the distributor at $250, then to the dealer at $333 and the consumer then pays $443.

So I can only assume all of the sellers will have to increase their prices at least a little.  So the Trump tariff  causes the import to jump from a retail of $266 to $433!! More than "at least a little"! 

That's why trade wars are so insidious!  In addition, US companies who rely on China sales to make make a profit are dumping their products on the US market, for example Maine Lobsters. Canada immediately stepped in to fill the void! 

This is just a typical import to 3 tier distribution model but is common. It may not apply to Industrial Sewing Machines since they are a small market but expect consumer prices to jump significantly next year. Hello tax cut..goodbye income!

Bob

 

[JJN]

4 hours ago, BDAZ said:

on the same product which now lands at $125, then sells to the distributor at $250

It looks like you have a 100% markup, not 50% from importer to distributor on your tariff calculation. So it should be $266 pre-tariff  increases to $332 with tariff.

[chrisash]

Not sure about the USA, but mostcountries already have a import tax on foreign commercial goods so it's not clear if for instance the new tax is

original cost plus import tax plus new tax 25% or

Original cost plus new tax (25%, which would be significatly different

[BDAZ]

We don't have VAT. A sales tax is added at the final point of sale to the consumer. All wholesale transactions are tax free.

[BDAZ]

1 hour ago, JJN said:

It looks like you have a 100% markup, not 50% from importer to distributor on your tariff calculation. So it should be $266 pre-tariff  increases to $332 with tariff.

Yup. My mistake. Was after a long day. But still significant