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25% tax on products to US from China

bigmike20vtbigmike20vt Posts: 3,467 Valuable Player
edited August 8 in General
not sure if this will affect everyone outside of the US.... but something tells me it will, esp for say the rift as its an american company.

Fiat Coupe, gone. 350Z gone. Dirty nappies, no sleep & practical transport incoming. Thank goodness for VR :)

Comments

  • MradrMradr Posts: 2,705 Valuable Player
    edited August 8
    This is both good and bad. In lots of ways - though it would be cool to work at Oculus finally if they are do open up a shop here :D! hahaha. I live in Missouri so I am always hoping for more companies to start here and spread out to cost to cost:)

    Then again 25% increase will be a hard hit to swallow when CV2 hits + the new GPUs.
  • snowdogsnowdog Posts: 5,362 Power Poster
    Shouldn't affect the CV2 or GPUs manufactured by US companies in China, even those manufactured over there. I would have thought that this tax hike would only affect Chinese companies importing into the US.

    Oculus and most of the GPU companies are registered in and have large offices in the US.
    "This you have to understand. There's only one way to hurt a man who's lost everything. Give him back something broken."

    Thomas Covenant, Unbeliever
  • LZoltowskiLZoltowski Posts: 6,429 Volunteer Moderator
    This is teetering on the edge of a political debate, I will allow this topic as long as these conditions are met:
    • No political discussions
    • Conversation stays on topic (technology focused)
    • A civil debate is maintained
    Should these not be met I will close the thread immediately. 

    Cheers!
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    Be kind to one another :)
  • falken76falken76 Posts: 2,613 Valuable Player
    Everything will go up in cost because the components used to put everything together comes from there.
  • bigmike20vtbigmike20vt Posts: 3,467 Valuable Player
    My post was not about politics it was about price hikes ! Politics is like watching paint dry to me
    Fiat Coupe, gone. 350Z gone. Dirty nappies, no sleep & practical transport incoming. Thank goodness for VR :)
  • LZoltowskiLZoltowski Posts: 6,429 Volunteer Moderator
    My post was not about politics it was about price hikes ! Politics is like watching paint dry to me
    I meant the subject matter can easily cause a political debate, was not referring to you :)
    Core i7-7700k @ 4.9 Ghz | 32 GB DDR4 Corsair Vengeance @ 3000Mhz | 2x 1TB Samsung Evo | 2x 4GB WD Black
    ASUS MAXIMUS IX HERO | MSI AERO GTX 1080 OC @ 2000Mhz | Corsair Carbide Series 400C White (RGB FTW!) 

    Be kind to one another :)
  • DaftnDirectDaftnDirect Posts: 4,049 Valuable Player

    My understanding is that most stuff like GPU cards are manufactured in China with a few in Taiwan... but a lot of the components are from South Korea, US, Taiwan and China. But to make things a bit more confusing, US tech firms often invest in Chinese companies (take part ownership) to help with restrictions on what technical information can be passed to them, so they can then manufacture their devices and components cheaply via the Chinese company. So I'm a bit unsure of what exactly will get taxed.


    But, I believe most high-tech components such as chips, screens etc. right now are South Korean and Taiwanese, if not US. So probably not an issue.

    Gateway 2000, Pentium II 300 Mhz CPU, 64Mb RAM, STB Velocity 128 AGP Graphics Card with 4MB SGRAM, 6.4Gb Hard Drive, US Robotics 56.5kbps Internal Modem, 12/24x CDROM Drive, Ensoniq AudioPCI, Windows 95.
  • bigmike20vtbigmike20vt Posts: 3,467 Valuable Player

    My understanding is that most stuff like GPU cards are manufactured in China with a few in Taiwan...

    this is shamefully ignorant of me, so much so i should not be admittiing it publicly... but I thought Taiwan WAS part of China.....

    :(

    Fiat Coupe, gone. 350Z gone. Dirty nappies, no sleep & practical transport incoming. Thank goodness for VR :)
  • TwoHedWlfTwoHedWlf Posts: 2,200 Poster of the Week
    edited August 8

    My understanding is that most stuff like GPU cards are manufactured in China with a few in Taiwan...

    this is shamefully ignorant of me, so much so i should not be admittiing it publicly... but I thought Taiwan WAS part of China.....

    :(

    To be fair, it's not that simple...China says Taiwan is part of China, Taiwan says China is part of Taiwan(Well, Taiwan's version of China) and illegally occupied by the people's republic of china.  Depending who you ask.
  • RichooalRichooal Posts: 645
    Neo
    At the end of the day, trade wars benefit no one. This tariff is only the beginning and prices will rise globally. One country will just try to trump the other.
    i5 6600k - GTX1060 - 8GB RAM - 0 PROBLEMS
  • snowdogsnowdog Posts: 5,362 Power Poster
    falken76 said:
    Everything will go up in cost because the components used to put everything together comes from there.

    Prices won't be affected for the reasons I've stated. These GPU don't import the components. They build the GPUs in China and import the whole GPU. As they are American companies they won't get hit by the tax. Only Chinese companies importing stuff into the US will be subject to the tax hike.
    "This you have to understand. There's only one way to hurt a man who's lost everything. Give him back something broken."

    Thomas Covenant, Unbeliever
  • kojackkojack Posts: 4,649 Volunteer Moderator

    snowdog said:
    falken76 said:
    Everything will go up in cost because the components used to put everything together comes from there.

    Prices won't be affected for the reasons I've stated. These GPU don't import the components. They build the GPUs in China and import the whole GPU. As they are American companies they won't get hit by the tax. Only Chinese companies importing stuff into the US will be subject to the tax hike.

    Moog (the iconic american maker of synthesizers and theremins) say otherwise. They have said they are possibly moving manufacturing overseas because the parts they need will be too expensive to import from china now.

    (I have a Moog Etherwave Theremin)


  • DaftnDirectDaftnDirect Posts: 4,049 Valuable Player
    TwoHedWlf said:

    My understanding is that most stuff like GPU cards are manufactured in China with a few in Taiwan...

    this is shamefully ignorant of me, so much so i should not be admittiing it publicly... but I thought Taiwan WAS part of China.....

    :(

    To be fair, it's not that simple...China says Taiwan is part of China, Taiwan says China is part of Taiwan(Well, Taiwan's version of China) and illegally occupied by the people's republic of china.  Depending who you ask.

    Yep, an increasing number of major companies are referring to Taiwan as part of China as part of deals to continue doing business with China, major airlines being among them,  I didn't realise until I checked though that Taiwan's official title is Republic of China as opposed to China's being People's Republic of China (which I did know!). So I guess they see themselves as China, just not the same as mainland China. Bottom line is the US (and UN) regard Taiwan as independent so that's what'll determine import duty.


    Hopefully that isn't wondering too far into politics... just clearing up the taxation position!

    Gateway 2000, Pentium II 300 Mhz CPU, 64Mb RAM, STB Velocity 128 AGP Graphics Card with 4MB SGRAM, 6.4Gb Hard Drive, US Robotics 56.5kbps Internal Modem, 12/24x CDROM Drive, Ensoniq AudioPCI, Windows 95.
  • kzintzikzintzi Posts: 1,024 Poster of the Week
    kojack said:

    (I have a Moog Etherwave Theremin)


    Awesome
    Though you are more than slightly incoherent, I agree with you Madam,
    a plum is a terrible thing to do to a nostril.
  • MAC_MAN86MAC_MAN86 Posts: 1,063
    Neo
    Oculus Facebook uses Ireland as a Tax Haven. Legal as it is they just prefer not to pay for repairs to potholes on the way to their Offices there. It's a moral thing.
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