Trump 2.0 official thread

lcloo

Major

Not quite a piece of news, just thought it was funny, and it seems the American ‘suppliers’ really was gouging like there was no tmr.
Chinese suppliers generally earn low profit margin. My ex-employer, a company owned by Canadian, export from Shenzhen, earned 7% profit by creative accounting to minimise paying tax in China, then they sold upto 100% profit to other US retailers. The final retail price was 300% to 400% of the export price from China.

Chinese owned China factories generally only made around 10-15% proft due to local competition and price pressure from foreign buyers/merchandisers who deal direct with the factories on behalf of the importers.

Therefore if you cut off the middlemen in US, go direct to China to do your own sourcing, the cost saving is huge.
 
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Mt1701d

Junior Member
Registered Member
What does it feel like to be on the receiving end when someone confidently claims you’ve been calling them—when you know you haven’t?

It’s enough to make you question your own sanity.
When you say it like this, if I didn’t know we were talking about Trump and trade war, I would auto think you were talking about a high school popular girl going around the school claim the ex constantly calling to get her back.
 
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