How trade wars hurt gadget makers

Share
Embed
  • Published on May 14, 2019
  • On the season finale of In The Making, Ashley Carman talks to gadget makers and creators about how political policies around tariffs affect their businesses. They’re subject to the whims of politicians, just like everybody else, and the repercussions could impact us, the consumers.
    Why’d You Push That Button is back for a new season this week with Ashley Carman and Kaitlyn Tiffany! Subscribe here: pod.link/1295289748
    Learn more here: bit.ly/2W2HFHB
    Subscribe: goo.gl/G5RXGs
    Like The Verge on Facebook: goo.gl/2P1aGc
    Follow on Twitter: goo.gl/XTWX61
    Follow on Instagram: goo.gl/7ZeLvX
    Listen to our podcasts: www.theverge.com/podcasts
    Read More: www.theverge.com
    Community guidelines: bit.ly/2D0hlAv
    Wallpapers from The Verge: bit.ly/2xQXYJr
    Subscribe to Verge Science on TheXvid, a new home base for our explorations into the future of science: bit.ly/2FqJZMl
  • Science & TechnologyScience & Technology

Comments • 434

  • The Verge
    The Verge  5 months ago +71

    Thanks for tuning in to the first season of In the Making! What topics would you like to see in the future?

    • sena sakura
      sena sakura Month ago

      オッサンの自慢話じゃねーかよ!時間損したわ!

    • Tulsiram Mehtere
      Tulsiram Mehtere 3 months ago

      We are looking forward for the Next season i am really exited

    • Mohit Maheshwari
      Mohit Maheshwari 4 months ago

      Thanks verge !! this was really important to understand, if a country apply tariffs it only hurts it's own hardware manufacturer. I try explaining this to people but they don't understand. It's so tuff for companies making electronics hardware. i remember waiting days and days for parts i ordered and it also over paid for then by 40% because india has so much tariff on every thing.

    • Infotain TV
      Infotain TV 4 months ago

      More about IOT, AI latest industry innovations

    • DnyanDeep Taur
      DnyanDeep Taur 4 months ago

      Ryan Singleton Same thing

  • vadla vikram chary
    vadla vikram chary 11 days ago

    Y is no one addressing that she looks hood.

  • Badoo Renc
    Badoo Renc Month ago

    😘

  • Dulana Wijeratne
    Dulana Wijeratne 2 months ago

    Someone should stand up and US is standing up for themselves, otherwise China will be making everything and in no time WE WILL BE LIVING IN CAPSULES OUR WHOLE LIFE 🤷‍♂️

  • Holly Plyler
    Holly Plyler 3 months ago

    What? Completed goods arnt tarriffed? Wth? Also $40 for a box?

  • paul maydaynight
    paul maydaynight 3 months ago +1

    so american makers just need to setup shop in "america town" in china and get better health insurance rates as an added bonus? plus simple access to the russian markets to boot

  • random human
    random human 3 months ago

    Just going to put this out there, tariffs do not work.

    I will never understand why trump is doing it as he is also from the historically free trade party, how has he managed to get so high up there!

  • anti China communist party

    Trade ware will protect interlectral property which is far more important than cheap supply chain and cheap goods in short term

  • Matt Rivas
    Matt Rivas 3 months ago

    Who profits from tariffs? I know it's a tax but where does this tax go?

  • stachowi
    stachowi 3 months ago

    Um... China's government killed American aluminum (on purpose) so you HAVE to keep buying from China... don't we see the pattern?

  • Sandra Yang
    Sandra Yang 3 months ago

    Americans can maybe buy less? Pay more for goods made by Americans? How is it bad for your own future? Just think China will not be satisfied with OEM for American forever. Soon you will be Chinese's slaveries as you have done to them. Just try to be less lazy and greedy, please.

  • VibeX MaTxeMa
    VibeX MaTxeMa 3 months ago

    wow Make China Great Now

  • M4H1N
    M4H1N 3 months ago

    really liked the videos... just curious why people dont want to see these videos which show the real truth...

  • Alex M
    Alex M 4 months ago

    6:00 I wander how much tariffs added to cost of plastic container they want to sell at $50. I bet (my apologies) in single % digits of price.

  • Will Mart
    Will Mart 4 months ago

    Working class need more tax refunds and tax the very rich.

  • Will Mart
    Will Mart 4 months ago

    I'm seeing the effects, im living the pain of inflation.

  • Bugler55
    Bugler55 4 months ago

    Lol@ LittleBits selling part kits I could get for 30 bucks on digikey for $200. Yeah I think they'll survive, tariffs and all.
    The only real takeaway I got from this video is that the tariffs arent high enough.

  • Swap Nil
    Swap Nil 4 months ago

    It's "Aluminium".

  • Kane
    Kane 4 months ago +1

    5:10 *Whispers* "Lil' Bits"

  • PPS076 Reviews
    PPS076 Reviews 4 months ago

    When did Ashley come back?

  • Jojo Channel
    Jojo Channel 4 months ago

    Donald Trump is a lying to America for his FOLLOWERS.

  • Jojo Channel
    Jojo Channel 4 months ago

    @ - Trade War - NEGOTIATE with China.

  • Yes It Is Political
    Yes It Is Political 4 months ago

    Who dressed this gal?

  • jooky87
    jooky87 4 months ago

    Great video Ashley, thanks for highlighting some details on this trade stuff. The idea that parts are tariffed but final assembled products are not is completely mind blowing, how is that strategy going to help our North American businesses.

    • Bugler55
      Bugler55 4 months ago

      Increased revenue from customers with more buying power.

  • Paul Blackburn
    Paul Blackburn 4 months ago

    OH Wow! The Left is suddenly pro-free trade! WTF happened to change that?!?

  • SlideZ77
    SlideZ77 4 months ago +1

    $49.95 for a “tackle box”.....!!!! The box is made for less that $5 in China, FACT. If this isn’t squeezing CONSUMERS and feeding the pockets of Western “CEOs”.......

  • Hugo Shin
    Hugo Shin 4 months ago

    Her hoodie though😍

  • Higginsamerica
    Higginsamerica 4 months ago +1

    Only thing I got out of this video was a product called little bits I'm going to have to buy some for my kids

  • DigitalYojimbo
    DigitalYojimbo 4 months ago

    It's okay we all suffer a little for the future greater good.

  • Mohit Maheshwari
    Mohit Maheshwari 4 months ago

    Thanks verge !! this was really important to understand, if a country apply tariffs it only hurts it's own hardware manufacturer. I try explaining this to people but they don't understand. It's so tuff for companies making electronics hardware. i remember waiting days and days for parts i ordered and also over paid for then by 40% because india has so much tariff on every thing.

  • Kevin Arnold
    Kevin Arnold 4 months ago +5

    So the tax isn't high enough to make it cost effective to do it here, just high enough to increase prices to consumers. Art of the deal.

  • xx yy
    xx yy 4 months ago

    That's pretty much how trump said mexico will pay for thr wall...by raising tariffs on mexican products crossing the border.....but mexico can just raise the prices of their products instead....which means in the bigger picture: the US citizens will end up paying for it

  • Marcus Wright
    Marcus Wright 4 months ago +2

    One can tell she doesn't know nothing about the traderwar other than "Evil Orange Cheeto Man".

  • Samuel Flores
    Samuel Flores 4 months ago

    They need to diversify then putting all their eggs in China. Why not invest in Latin America?

  • Peter Suwara
    Peter Suwara 4 months ago

    What an absolute mess!

  • Technews
    Technews 4 months ago

    The question is are Americans willing to work for lower wages?

  • JRLM
    JRLM 4 months ago

    If the CEO's pay them selves a little less that would stop the hit to consumers.

  • Art Preo Channel
    Art Preo Channel 4 months ago

    ouuu nooo.... some one should start produce they own products... and it is not China... :D In Europe we all the time had tax for imported stuff and businesses not fall down :D

  • That Ebutuoy Guy
    That Ebutuoy Guy 4 months ago

    They did that to help Apple and all the big consumer electronics makers.

  • Emilthehun
    Emilthehun 4 months ago

    Little bits is a brilliant idea!

  • Industrial Painters Toronto Painting

    Trumps tariffs are not working did anyone watch this whole video????? US loosing China still on top. So the tariffs are not working.

  • Ray
    Ray 4 months ago +6

    People argues that the tariff would force supply chain to move out of China.
    But NOPE, I don't see that happening.
    No other country has the scale of producing all the products(tens of thousands from toys to containership from oven to machines) you see,millions of engineers、sufficient amount of electricity for mass production 、capacity of ports、excellent traffic infrastructure such as highway network、a single domestic market which can keep the price down.
    The only one that can be competative to China is India but it'll take them years to catch up, after all it took China 40yrs to become the world-factory.

  • かんぐちあき
    かんぐちあき 4 months ago +2

    Wait a minute. So, if U.S. company buy completed goods (let's say robots) from China & sell in U.S. (sold as made in China) it's not tariffs, but if they buy components & assemble them here in U.S. (sold as made in U.S.), it's subject to the higher tariffs?? Thought Trump policy was trying to help boost "made in USA" goods...

  • Bobby C
    Bobby C 4 months ago

    I found the solution for American companies. Relocate your factory to Mexico, assemble the good there, and then import it to the US tax free.

  • Freshmeat
    Freshmeat 4 months ago +11

    Trump: America will win
    Xi: China will win
    Rest of the world: Damn, we didn't vote for either of you, why our Huawei phone included in the ban? We suffer

  • Dj Billy Bop Dj Billy Bop
    Dj Billy Bop Dj Billy Bop 4 months ago +1

    Do not blame China Blame Forest Trump

  • Mr. Songib
    Mr. Songib 4 months ago +10

    Politics make innovation crumble, stupid gov. ty

  • Harlock2day
    Harlock2day 4 months ago +1

    India should do what China did with Schenzhen and create a manufacturing zone then there would be competition. You can argue that, right now, Google has a monopoly on phone os, China has a monopoly on manufacturing. Any monopoly is bad for consumers.

  • niraj baral
    niraj baral 4 months ago

    Littlebitsss

  • boats036 00
    boats036 00 4 months ago

    Buy raw goods from other countries like the US or not china. Trump is trying to help us break even on trade. Yes it will hurt at first,, however businesses will find a cheaper way if this continues, so do it now. China is trying to wait us out!!

  • Juan Vargas
    Juan Vargas 4 months ago

    Ashley Carman is a zommy.

  • revampted
    revampted 4 months ago

    I wonder how Buick is gonna do it, some of there cars are built in China and imported here.

  • paul south america
    paul south america 4 months ago +1

    is this the start of inflation ? I mean your expensive goes up but your salary remains the same.
    Please leave a comment

    • T man
      T man 4 months ago

      Our Minimum wage was always supposed to increase with inflation, but really hasn't. Don't get me wrong the U.s. is a great country to live in comparison to many, but there are countries that do better by their citizens Canada, Australia, Iceland, Most of Europe.

    • T man
      T man 4 months ago

      I have no clue. I sure hope not. The federal minimum wage in the U.S hasn't gone up with inflation as is. It wouldn't be great. Especially when you consider our health insurance premiums and the ever increasing cost of rent and homes. I heard a rumor that in San Diego there are U.s. citizens working in San Diego and Living in Tijuana, Mexico because the rent is cheaper.

  • j v
    j v 4 months ago +12

    So, in the end, government takes the money and people pay for it? that orange is evil.

    • DigitalYojimbo
      DigitalYojimbo 4 months ago

      They should use the money to spur more American innovation/manufacturing.

  • Jay Xu
    Jay Xu 4 months ago

    It’s a economic law, who pays the tariff depends on who needs the sale more. So for IPhones , for sure consumers will pay for the tariff, but for small start ups who needs customer to buy their products more, they will have to pay

  • J Hen
    J Hen 4 months ago

    we must start growing those tiny yellow mangoes at all cost

  • Morcz
    Morcz 4 months ago

    "We have to up our costs, we can't eat that". Said the man who gets paid millions of dollars more than his staff, what he meant was: "We would have to reduce executive salaries or bonuses if we keep the price of our product the same, so we'll pass the costs to the consumer".

  • David Blue
    David Blue 4 months ago

    Love your outfits and insight, Ashley!!

  • Jezza Lenko
    Jezza Lenko 4 months ago +2

    Can....I..... make my house out of Brixels?

    • Gaurav Jha
      Gaurav Jha 4 months ago

      Jezza Lenko Sure you can...If you are rich enough that is😅

  • fuckfannyfiddlefart
    fuckfannyfiddlefart 4 months ago

    This is a lie, the tariffs are just a way to make up for the tax shortfall after trumps tax breaks for billionaires and corporations and idiots like this fall for it!