Mark Cuban on Nostr: Here is the Amazon game that will be played, if and when tariffs are turned on. Let's ...
Here is the Amazon game that will be played, if and when tariffs are turned on. Let's say tariffs on China are 60pct
American company has a $100 cost from Chinese company. $60 tariff. Sells for $250
Chinese company opens an American warehouse. Both sell on Amazon
Chinese company sells to their Amazon warehouse in the US at a lower cost of $80
They pay a 60pct tariffs of $48. Total cost $128. They sell for $228. Undercut the American company and make more money on the sale.
American company has a $100 cost from Chinese company. $60 tariff. Sells for $250
Chinese company opens an American warehouse. Both sell on Amazon
Chinese company sells to their Amazon warehouse in the US at a lower cost of $80
They pay a 60pct tariffs of $48. Total cost $128. They sell for $228. Undercut the American company and make more money on the sale.