A Tariff Standoff With China, Power Outages, and the End of Christmas

Zoë Schiffer: Went, well. Obviously, this makes sense for material reasons. It is easier to add more tariff loads than just increasing the price of individual goods. But is this a way to put pressure on the rough management or do I pass everything?

Louise Matsakis: I don’t think you are. I think it sends a very clear political message. Because these charges are, your country has really high tariffs. I think it is definitely a subtle message sent by these companies. I think the temu is especially mystery. There is no lobbyist in Capitol Hill. If it rarely responds to media inquiries of journalists like me. I think they do something politically savvy in this situation, although it seems silent or political decisions at the moment.

Zoë Schiffer: As you say, it is a line item at the moment for at least temu and shein. We do not see the price of individual goods really changed at this point. But this is true on the board or are there some items that we should be worried about?

Louise Matsakis: The types of items you need to see are things that really can’t be done anywhere else. It’s such things like electronics, plastic. Much for parents. Cars, baby gears, baby toys, baby clothes, all these things are almost completely made in China. These are the product categories where the edges are already very thin, so there are no many walking rooms for the manufacturer or American brand. These are often the items between 10 and $ 30 in one place.

Zoë Schiffer: Right, well. Well, I will not explode and tell you about what you have recently gathered.

Louise Matsakis: I am pleased to share with our esteemed readers, because I refused to return to panic because I ordered it on Temu, I refuse to return to Sephora for one of them.

Zoë Schiffer: 100%. This is a little bit of Pivot, but I’m feeling like you and I’m not just so simple to open production opportunities in the United States. There is a lot of things in space entering China. I wonder if you can only talk about it?

Louise Matsakis: I think that all this work is leaving the United States and in the Chinese century, this narrative they went to China when they joined the World Trade Organization. But this is a really simple narrative. The reality is that 20 years ago, at the moment, makeup sponges, iPhone, small electronics, the insulated Stanley Cup I looked at my desk, these products were literally. These supply chains moved to China from the United States, as they are completely built in China. Includes things like machines. How do you make an injection mold to remove this plastic cup from a mold? From the invented cars, it was built in China, prepared, prepared and detained. It is really difficult to transfer the entire supply chain to the United States. In China, the government completely self-organized itself around supporting this type of enterprise. In the United States, not any of these infrastructure, not even the most basic things, not in place. Roads to open giant factories, ports, lands, talent pipelines. We don’t have a high school where you can go here to become a dress worker who is something very common in China.