How trade wars hurt gadget makers

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  • 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
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Comments • 426

  • The Verge
    The Verge  Month ago +66

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

    • Mohit Maheshwari
      Mohit Maheshwari 23 days 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 28 days ago

      More about IOT, AI latest industry innovations

    • DnyanDeep Taur
      DnyanDeep Taur Month ago

      Ryan Singleton Same thing

    • DnyanDeep Taur
      DnyanDeep Taur Month ago

      josh mcgee I vote for this

  • Sandra Yang
    Sandra Yang 19 hours 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 Day ago

    wow Make China Great Now

  • M4H1N
    M4H1N 6 days ago

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

  • Alex M
    Alex M 7 days 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 10 days ago

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

  • Will Mart
    Will Mart 10 days ago

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

  • Bugler55
    Bugler55 13 days 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 14 days ago

    It's "Aluminium".

  • KAXWO
    KAXWO 15 days ago +1

    5:10 *Whispers* "Lil' Bits"

  • PPS076 Reviews
    PPS076 Reviews 17 days ago

    When did Ashley come back?

  • Jojo Channel
    Jojo Channel 18 days ago

    Donald Trump is a lying to America for his FOLLOWERS.

  • Jojo Channel
    Jojo Channel 18 days ago

    @ - Trade War - NEGOTIATE with China.

  • Falun Gong BS Cult
    Falun Gong BS Cult 18 days ago

    Americans doesn’t want to work in factories. Ignorant Crying Babies you all Americans in a diapers looks that Donald Trump balloon.😭😢😭😭😭

  • Yes It Is Political
    Yes It Is Political 18 days ago

    Who dressed this gal?

  • jooky87
    jooky87 18 days 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 13 days ago

      Increased revenue from customers with more buying power.

  • Paul Blackburn
    Paul Blackburn 19 days ago

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

  • SlideZ77
    SlideZ77 19 days ago

    $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 22 days ago

    Her hoodie though😍

  • Higginsamerica
    Higginsamerica 22 days 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 23 days ago

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

  • Mohit Maheshwari
    Mohit Maheshwari 23 days 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 25 days ago +1

    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 26 days 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 27 days ago +2

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

  • Samuel Flores
    Samuel Flores 28 days ago

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

  • Peter Suwara
    Peter Suwara 28 days ago

    What an absolute mess!

  • Technews
    Technews 29 days ago

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

  • JRLM
    JRLM 29 days ago

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

  • Art Preo Channel
    Art Preo Channel 29 days 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 Month ago

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

  • Emilthehun
    Emilthehun Month 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 Month ago +3

    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 Month ago +1

    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 Month 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 Month 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

    Do not blame China Blame Forest Trump

  • Mr. Songib
    Mr. Songib Month ago +8

    Politics make innovation crumble, stupid gov. ty

  • Harlock2day
    Harlock2day Month ago

    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 Month ago

    Littlebitsss

  • boats036 00
    boats036 00 Month 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 Month ago

    Ashley Carman is a zommy.

  • revampted
    revampted Month 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 Month 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 25 days 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 25 days 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 Month ago +9

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

    • DigitalYojimbo
      DigitalYojimbo 23 days ago

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

  • Jay Xu
    Jay Xu Month 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 Henley
    J Henley Month ago

    we must start growing those tiny yellow mangoes at all cost

  • Morcz
    Morcz Month 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 Month ago

    Love your outfits and insight, Ashley!!

  • Jezza Lenko
    Jezza Lenko Month ago +2

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

    • Gaurav Jha
      Gaurav Jha Month ago

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

  • fuckfannyfiddlefart

    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!

  • Crystal Sugar
    Crystal Sugar Month ago

    Glad that they didn’t get taxes and tariffs confused.
    Tariffs is takes but taxes is not tariffs.
    Aka tariffs is a type of taxes but is different than sales tax

  • Carlo de Guzman
    Carlo de Guzman Month ago +8

    Kinda how drumpf said Mexico will pay for the wall lol

    • rencrow
      rencrow 27 days ago

      It is paying for it.....in big beautiful and tremendous taco bowls.

  • Johan Manoj Mathew
    Johan Manoj Mathew Month ago

    I want more episodes

  • Abe Castillo
    Abe Castillo Month ago

    Made In America obviously has its consequences due to the high cost of living. Trump is giving us what we wanted so there's that but societies habits will be tragic especially with the recession creeping around the corner.

  • DC9848
    DC9848 Month ago

    In theory this might move production outside China to Indonesia or Phillipines. From republicans this is interesting as tariff could be considered as an indirect TAX by the government..

  • Eli
    Eli Month ago

    But we’ve already survived 2 other tariffs last year. And america came out fine, we will again

  • kevin
    kevin Month ago

    The CEOs compensation Will go up the stockholders dividends will increase quality of the product will decrease manufacturing moves overseas and employees will be laid off, sound familiar

    • GLR
      GLR Month ago +1

      kevin use a ducking comma, once in a while. You lazy American

  • Francisco Araneta
    Francisco Araneta Month ago +1

    nobody needs gadgets

  • Jason Thiner
    Jason Thiner Month ago

    Walmart said due to tariff's it is going to raise prices.

  • Thomas Ward
    Thomas Ward Month ago

    So Basically Democrats want to allow China continue making nearly EVERYTHING? Something must change, America must make things again....

    • M C
      M C Month ago

      Thomas Ward lol companies will just move out of China to cheaper places like India. Man, these jobs won’t come back to America!

  • Junior Thanos
    Junior Thanos Month ago +1

    If we as Americans keep purchasing products and materials from overseas then those companies that are overseas gets the money. You can't complain when buying cheap products from China and then wanting American companies to succeed.

  • Dushyant Bhati
    Dushyant Bhati Month ago +2

    Countries do not progress because of the governments but inspite of them

  • InfiniteCyclus
    InfiniteCyclus Month ago

    Those things are cheaper in China, because of cheap labour. If you want to stop immigrants from coming to the US, you make sure people are paid a fair living wage in their own country.
    Even in the US that's a problem, just imagine how low the wages are in China.

    • InfiniteCyclus
      InfiniteCyclus 6 days ago

      @Kevin Undefined yeah because living in Beijing probably doesn't cost anything nowadays...
      Wishful thinking. Just because it isn't your neighbour doesn't mean you're not exploiting someone.

    • Kevin Undefined
      Kevin Undefined 6 days ago

      the wages are low indeed, but the cost of living in China is far lower than that in the U.S. so peopl can still sustain their lives instead of going homeless

  • jigglemankiller
    jigglemankiller Month ago +2

    I work for an electric motor shop. One of our manufacturers we sale/represent is Made and headquartered in China. They were affected by the tariff and they increased prices by putting a tariff charge on the invoice. This means that we have to spend more money as a company to get the same product as before. As a result we had to raise prices to our customers. The good thing is the motor manufacturer in question has vowed to lower prices again once the trade war ends. But that doesn’t change the fact that at the end of the day the consumer is the one who pays for the tariff.

  • mtksbctk
    mtksbctk Month ago

    Bunch o' traitors!

  • 外舞时缨
    外舞时缨 Month ago +1

    i thought americans support american product and its people, what is wrong with paying double for the same product. stop sourcing your material from china, support local goods from raw material to finished product.

  • ART KNOWN
    ART KNOWN Month ago

    Sheldon's gf is back !!! Yea baby yea !!!

  • dzheath
    dzheath Month ago

    Look at it this way China is stealing products and selling them to America at zero cost to them - That’s how you put us out of business and steal the future from your children - idiots - There is a NWO plan to steal the wealth of America - Research AGENDA 21 -a UN PLAN --- They are secretly and in your face Spreading Communism on one end and Islam on the other - But first you must remove America - Trump Is purposely Interfering with the plan 🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸

  • Rolf W
    Rolf W Month ago +9

    The people interviewed are of course careful with their words, but you can tell that none of them are happy with the tariffs. Thanks, Ashley.. great series.

  • Glenn Daniel
    Glenn Daniel Month ago

    And where does the tarrif money go towards???

  • Darran Douglas
    Darran Douglas Month ago

    wouldn't the tariffs make it easier for stuff to be manufactured locally?

    • Paul Williams
      Paul Williams Month ago

      Darran Douglas that's the idea but we'll see

  • Suhail Murtaza
    Suhail Murtaza Month ago

    Anchor is BOZO

  • ash tek
    ash tek Month ago

    Why ain't they going to India ?

    • M C
      M C Month ago

      ash tek compiles like Nike already going to Philippines and Indonesia already.

  • Jacob Holt
    Jacob Holt Month ago +1

    China's Belt and Road initiative is delayed, along with a slowing of China's economy and someday we'll need to reduce on our dependence on China. The real entrepreneurial opportunity isn't bourgeois tech but developing more raw material factories, steel mills/refinerys for U.S. consumer goods. How does one encourage a factory based economy from a consumer economy? I don't know, at least tariffs are getting us talking about alternatives and rethinking our relationships with other nations.

    • Hannibal Mills
      Hannibal Mills Month ago

      this would be by all means possible if a country on a particular target type of resources have plenty on its own to provide and the government has the will to encourage this goal to be rolled. Btw you gave a simple but effective solution , its just that it needs a priority from the gov't itself and take many years to feel the effects both on those firms and the consumers in the market.

  • eug3nius
    eug3nius Month ago

    For at least 50 years Big Capital has been selling out Europeans in the name of the Holy Free Market and pocketing trillions. Today, Big Capital has rebranded itself as Woke Capital and created Bio-Leninism to fight the working class Europeans who figured out their treason.

  • Kester Belgrove
    Kester Belgrove Month ago

    Very informative, fun to look at and real. I'd love to see more in this series

  • kixorz
    kixorz Month ago

    Excellent video!

  • Captn Maico
    Captn Maico Month ago

    None, i dont live in the orange man country .

  • Ku Playford Valls
    Ku Playford Valls Month ago +1

    Thank god the stupid orange clown only has 1 more year to go... 😤

  • Wyatt K.
    Wyatt K. Month ago

    I always enjoy Ashley's videos!

  • Jeff Gutshall
    Jeff Gutshall Month ago +1

    I wish this article spoke about what China is doing to the US and other countries. Stealing intellectual property, not competing fairly, requiring business partners to do business in China are just a few things they do. They also have very unfavorable trade deals, so the idea of tariffs as scary as they are is meant to get China to changer their ways. The US is working to get China to put intellectual property rights into their laws so they cannot steal our tech then sell it back to us cheaper which is a double whammy. Unfortunately our choices are pay now or pay more later if we don’t deal with it.

  • Fwl Web
    Fwl Web Month ago

    The American workforce has long been abandoned for China. How long will they tolerate being taken advantage of? Where then will the greedy bastards flee?

  • Justin Baker
    Justin Baker Month ago

    do you think if the American peoples taxes went up, and businesses taxes went down would their prices drop to help us out or would they just bank the extra cash and congratulate themselves on their higher profits? maybe there should be a little give and take in the business profits sector and maybe their customers should not have feel every bump in their road. why did phone prices keep going up pre-tariff?

  • Mohammed Abdullah
    Mohammed Abdullah Month ago

    Dat last quote is so empowering

  • magus32
    magus32 Month ago

    What's the point of a tariff if there isn't an affordable local alternative?

  • Ronny Japutra
    Ronny Japutra Month ago +1

    It's ok, President Trump has already considered the buying power of Americans / American businesses. Most importers in America can afford to pay for these tariffs, as the money would only go to the American government account anyway. American government who would then spend these money on Americans in return.

  • Javier Flores
    Javier Flores Month ago +1

    If they wanted to create jobs then the tariff would have been to fully finished products, but thats obviously not their goal but to protect the big companies and the consumers and true trail blazers have to pay the costs. 'Merica!

  • Justin Eaton
    Justin Eaton Month ago +1

    So at the end of the day consumers pay for the Tariff.

    • The Verge
      The Verge  Month ago

      Yup, pretty much. Or the companies can eat the cost, but eventually it'll get passed down to us. -Ashley

  • JJ FsX
    JJ FsX Month ago +2

    So it sounds like the tariffs are really designed to HURT American manufacturers and HELP China. Since the completed product wont be tar-riffed, companies will outsource their manufacturing back to China instead of importing the parts and manufacturing here. Stupid, our politicians are once again either duped fools or they have a specific agenda to hurt America, meaning they are betraying us/traitors.

  • Fahd Jamy
    Fahd Jamy Month ago

    I like this verge segment. I get to learn more about tech and business aligned.
    Can't wait to see you come back.
    I'd like for you to do more stuff about trading stocks for tech companies

    • The Verge
      The Verge  Month ago

      Ah thank you for watching!! -Ashley

  • MsLia32
    MsLia32 Month ago

    do you have to pay the tarrifs if you use American amazon to send something from China to Europe?

  • Miyuru Weerarathna
    Miyuru Weerarathna Month ago +2

    Trump has higher tariffs against the raw materials and less on some finished products ? What is that? Helping china make value added products and sell the final product to US? A joke!

  • Nelson Swanberg
    Nelson Swanberg Month ago

    agolf twitler mistakenly believes that American industry will be able to immediately tool up to manufacture the junk we are currently getting from China. Tariffs are tax the weak of mind can be convinced to believe someone else is paying.

  • Mattia Abad
    Mattia Abad Month ago

    Lovin' this series. Hopeing Versus comes back too

  • jossandman
    jossandman Month ago

    A tacklebox lol

  • Seeyay
    Seeyay Month ago +25

    U.S companies and consumers ultimately bears the burden of the tariffs.

    • GLR
      GLR Month ago

      Seeyay so far they had it easy

    • Paul Williams
      Paul Williams Month ago +1

      Seeyay don't be stupid . tariffs affect all parties involved. Not just the US

    • Nazar Maksymchuk
      Nazar Maksymchuk Month ago +1

      @Hi, it's me because that means products/materials will have to come from a different country ruining China's economy

  • Minus Blindfold
    Minus Blindfold Month ago

    You lost me at Council on Foreign Relations. Deep state puppets all up in here.

  • TELEVISIBLE
    TELEVISIBLE Month ago +3

    Tariff is good for fighting climate change! Less carbon foot print !