American audio industry may suffer a blow..

Hide sidebar Show sidebar
Irvrobinson

Irvrobinson

Audioholic Spartan
haraldo said:
Time to take off pink sunglasses, which is the major real powerful country .... not US, but by all measures China... What do you think will happen when US goes into a trade war with the most economic powerful country in the world....?

I am no expert at all on this topic but I reckon that China will not suffer so much, but US will..... I guess people in the US will start losing their jobs over this....

An example, what will happen with Tesla's market share when this war starts .... and Chinese auto makers are getting fully up to speed... well, also Audi, BMW, VW, Opel Mercedes has a fully electric lineup... how many people in Tesla will lose their jobs because of Trump?

(This is pretty old but you see the point)

China's manufacturing output overtook that of the U.S. almost a decade ago. Its exports are more than a third larger as well...

Have a look at this:
https://www.bloomberg.com/view/articles/2017-10-18/who-has-the-world-s-no-1-economy-not-the-u-s
Click to expand...
While I agree that China's economy is larger than the US's by most measures, your Tesla chart above is apparently not a world-wide view. About three times as many Teslas were sold into the US as China in 2017. In 2018 Tesla claims to have sold over twice as many cars in the US as it sold in all of 2017, but my confidence in Tesla's numbers isn't all that high.

https://1reddrop.com/2018/06/16/tesla-sales-by-country/
 
haraldo

haraldo

Audioholic Warlord
Irvrobinson said:
While I agree that China's economy is larger than the US's by most measures, your Tesla chart above is apparently not a world-wide view. About three times as many Teslas were sold into the US as China in 2017. In 2018 Tesla claims to have sold over twice as many cars in the US as it sold in all of 2017, but my confidence in Tesla's numbers isn't all that high.

https://1reddrop.com/2018/06/16/tesla-sales-by-country/
Click to expand...
Yeah... that chart is only export market but still quite valid point I reckon ... and is it not so that Chinese auto market is not exactly increasing linearly but exponentially?

Looking at chart you provided, there is reason for concern too....
 
Last edited:
P

pewternhrata

Audioholic Chief
lovinthehd said:
How does this benefit the US' exports?
Click to expand...
I can only assume that if china is reducing import tariffs, it could boost our exports...our exports will be cheaper for them to obtain...................
 
lovinthehd

lovinthehd

Audioholic Jedi
pewternhrata said:
I can only assume that if china is reducing import tariffs, it could boost our exports...our exports will be cheaper for them to obtain...................
Click to expand...
Why would you assume that? We have significant exports of these?
 
P

pewternhrata

Audioholic Chief
lovinthehd said:
Why would you assume that? We have significant exports of these?
Click to expand...
"Average import tariffs on over fifteen hundred products will be lowered to 7.8 percent from 10.5 percent"
I can only assume that out of 1,500+ products, that yes, we may have some exports on the list...
 
Irvrobinson

Irvrobinson

Audioholic Spartan
haraldo said:
Yeah... that chart is only export market but still quite valid point I reckon ... and is it not so that Chinese auto market is not exactly increasing linearly but exponentially?

Looking at chart you provided, there is reason for concern too....
Click to expand...
My view is that the US does best when it feels under threat. I was working in the computer industry in the 1980s when Japan unveiled its 5th Generation Computer project, and everyone in the US thought we'd be eclipsed. The US attracted the best people from around the world, Japan didn't, and Japan has been irrelevant in the computer hardware and software industry for a long time. Everyone thought we'd fade into irrelevance because we didn't lead in HDTV. As it turned out, the HW was irrelevant; it was chip design, computer software, content generation (Hollywood) and content distribution (Netflix, Amazon, YouTube, etc.) that mattered.

Financially, China isn't all that fearsome. The market capitalization of US stock markets is about four times the size of China's, who is #2.

I like it when we get paranoid, because as Andy Grove said, only the paranoid survive.

Personally, I think the secret to success for the US is making it the place where the smartest and hardest working people in the world want to live and work. That's the way it's always been. The rest will take care of itself, so long as we don't turn ourselves into much more of a welfare state and tax ourselves to death.
 
Last edited:
lovinthehd

lovinthehd

Audioholic Jedi
pewternhrata said:
"Average import tariffs on over fifteen hundred products will be lowered to 7.8 percent from 10.5 percent"
I can only assume that out of 1,500+ products, that yes, we may have some exports on the list...
Click to expand...
That assumption doesn't mean much if there isn't significant exports of these particular products from the US to China. We're not the only country China imports from. Our textile industry last I checked was a faint shadow of what it was at one time. We're importing metals ourselves. Sure, a few tariff items may help our exports but to assume this will significantly assist current US exports....meh. I'd have to dig into trade statistics for an actual answer rather than an assumption.
 
P

pewternhrata

Audioholic Chief
lovinthehd said:
That assumption doesn't mean much if there isn't significant exports of these particular products from the US to China. We're not the only country China imports from. Our textile industry last I checked was a faint shadow of what it was at one time. We're importing metals ourselves. Sure, a few tariff items may help our exports but to assume this will significantly assist current US exports....meh. I'd have to dig into trade statistics for an actual answer rather than an assumption.
Click to expand...
Rule #1 of business, never assume...I broke that rule. No I didn't mention what industry or product. Everything moving forward is an assumption, only time will actually tell, but at least this sheds a little light in a positive fashion. Again, setbacks will happen, but I'm seeing more positive then negative, again yes, small steps, but it's not gonna magically change overnight.
 
lovinthehd

lovinthehd

Audioholic Jedi
pewternhrata said:
Rule #1 of business, never assume...I broke that rule. No I didn't mention what industry or product. Everything moving forward is an assumption, only time will actually tell, but at least this sheds a little light in a positive fashion. Again, setbacks will happen, but I'm seeing more positive then negative, again yes, small steps, but it's not gonna magically change overnight.
Click to expand...
But it works great for propaganda in the meantime...
 
P

pewternhrata

Audioholic Chief
lovinthehd said:
But it works great for propaganda in the meantime...
Click to expand...
I'm just curious to see the numbers when all this goes down. Not upfront, at least a few quarters in. I get some of the jobs created here don't pay as they should, but they def dont in china either. Do 'We' need to be like china and put suicide nets around buildings?
 
lovinthehd

lovinthehd

Audioholic Jedi
pewternhrata said:
I'm just curious to see the numbers when all this goes down. Not upfront, at least a few quarters in. I get some of the jobs created here don't pay as they should, but they def dont in china either. Do 'We' need to be like china and put suicide nets around buildings?
Click to expand...
What on earth does suicide nets have to do with it? You encouraging slavery coming back to "maga"? A few quarters won't tell much at all...
 
Irvrobinson

Irvrobinson

Audioholic Spartan
pewternhrata said:
I'm just curious to see the numbers when all this goes down. Not upfront, at least a few quarters in. I get some of the jobs created here don't pay as they should, but they def dont in china either. Do 'We' need to be like china and put suicide nets around buildings?
Click to expand...
We put suicide nets on bridges:

https://www.cnn.com/2017/04/14/us/golden-gate-bridge-net-trnd/index.html

$210M for that monstrosity on a national treasure. Disgusting.

http://narrative.ly/the-view-from-vista-bridge/

I was just on the Vista Bridge in Portland, and I was reminded how ugly the city made it.

At what point do we stop making everything child-proof?
 
Forsooth

Forsooth

Audioholic
It's not AV, but it's close...and it's doing well again! Thank you, President Trump!



LINK
 
lovinthehd

lovinthehd

Audioholic Jedi
You must log in or register to reply here.

Latest posts

newsletter

  • RBHsound.com
  • BlueJeansCable.com
  • SVS Sound Subwoofers
  • Experience the Martin Logan Montis

Sitemap

Sitemap

Site Information

Site Information

HTML

audio forum
  • Facebook
  • Youtube
  • Twitter
  • instagram
  • rss
Top