GoPro To Move US-Bound Camera Production Out of China (reuters.com)

← Back to Stories (view on slashdot.org)

GoPro To Move US-Bound Camera Production Out of China (reuters.com)

Posted by BeauHD on Monday December 10, 2018 @12:03PM from the cause-and-effect dept.

In an effort to counter the potential impact from new tariffs, GoPro is moving most of its U.S.-bound camera production out of China by the summer of 2019. The company said international-bound camera production will remain in China. Reuters reports: The company had previously said it was being "very proactive" about the situation regarding tariffs as U.S. and China ramped up its bitter trade war, in which both nations have imposed tariffs on hundreds of billions of dollars of each other's imports. "It's important to note that we own our own production equipment while our manufacturing partner provides the facilities, so we expect to make this move at a relatively low cost," said Chief Financial Officer Brian McGee. In the company's earnings call in November, GoPro said it had the option to move U.S.-bound production out of China in the first half of 2019, if necessary.

91 comments

Min score:

Reason:

Sort:

Sure they can move it out of China by frank_adrian314159 · 2018-12-10 12:12 · Score: 3, Insightful

They'll move it straight to Mexico - the labor's still cheap enough there and, because of our shiny, brand new "trade agreement" with Mexico, there are no nasty Trump tariffs to contend with there..#MAGA!

--
That is all.
1. Re:Sure they can move it out of China by joelgrimes · 2018-12-10 12:46 · Score: 4, Insightful
  
  If companies learn not to make China their sole supplier of all things then it goes in the win column.
  Lack of diversity in our supply chain was making us vulnerable
  
  --
  Textbooks and Open Educational Resources
2. Re:Sure they can move it out of China by OrangeTide · 2018-12-10 12:50 · Score: 1
  
  Might be hard to source components in Mexico. Or at least the supply chain is more complicated than it would be in China.
  Luckily there are loop holes and we can happily ship containers full of components from China to Mexico, then assemble in Mexico and call it Hecho en México.
  I wonder how far the loop holes can be pushed. Can China ship a nearly complete "electronics module" and in Mexico screw a plastic housing on it and stick it in some retail packaging? Is this a ban that doesn't hurt China at all, only makes stuff more expensive in the US?
  
  --
  “Common sense is not so common.” — Voltaire
3. Re:Sure they can move it out of China by Registered+Coward+v2 · 2018-12-10 12:57 · Score: 1
  
  Might be hard to source components in Mexico. Or at least the supply chain is more complicated than it would be in China.
  Luckily there are loop holes and we can happily ship containers full of components from China to Mexico, then assemble in Mexico and call it Hecho en México.
  I wonder how far the loop holes can be pushed. Can China ship a nearly complete "electronics module" and in Mexico screw a plastic housing on it and stick it in some retail packaging? Is this a ban that doesn't hurt China at all, only makes stuff more expensive in the US?
  Per TFA, they are moving it out of China to another country, and mentions Vietnam amogst others that have no tariffs. Southeast Asia makes it easy to source componenst and module sin China and ship them for final assembly elsewhere, then ship to the US. The overll impact on costs should be small and much less tahn the tariff would add.
  
  --
  I'm a consultant - I convert gibberish into cash-flow.
4. Re:Sure they can move it out of China by ChromeAeonuim · 2018-12-10 13:14 · Score: 2
  
  Moving production to Mexico would be great. Mexico is a free, democratic, reasonably friendly country. Yes, they've got their share of problems (several of which they can thank the US for given that our war on drugs is what fueled their cartels), but until such time as the ruling party of China makes some major reforms, I would much rather my money be going to Mexico than to the dystopia that China is building.
  
  Besides, economic opportunity for Mexico is the best way to ease the border issues....I don't see any Canadians trying to immigrate illegally, do you?
5. Re:Sure they can move it out of China by OrangeTide · 2018-12-10 13:17 · Score: 1
  
  I agree. I'm initially intended to comment on why Mexico might be a poor choice, but then I went back on my own thought because it might still be a viable choice for similar tech companies.
  Advantage of Vietnam is it has no labor laws and fewer environmental regulations then Mexico. Weird how communist countries turned into the libertarian ideal where everyone is free to choose if they want to work without any regulations or if they don't want to eat.
  
  --
  “Common sense is not so common.” — Voltaire
6. Re:Sure they can move it out of China by ShanghaiBill · 2018-12-10 13:31 · Score: 5, Insightful
  
  Also, a more prosperous Mexico benefits America. A more prosperous China, not so much.
  40% of Mexican imports come from America. 20% of Chinese imports come from America.
  More jobs in Mexico means fewer desperate immigrants to America.
7. Re:Sure they can move it out of China by fustakrakich · 2018-12-10 13:53 · Score: 2
  
  More jobs in Mexico means fewer desperate immigrants to America.
  They'll reverse the flow, like the Chicago River
  
  --
  “He’s not deformed, he’s just drunk!”
8. Re:Sure they can move it out of China by Gavagai80 · 2018-12-10 14:51 · Score: 1
  
  Weird how communist countries turned into the libertarian ideal where everyone is free to choose if they want to work without any regulations or if they don't want to eat.
  Not weird. That's what those countries were already like before communism, which is exactly why they had communist revolutions. The communism of course doesn't change much, it just means you're slaving for the government instead of a corporation... and then as communist nations move to market economies you get to slave for a corporation again while still enjoying the totalitarian government.
  
  --
  This space intentionally left blank
9. Re:Sure they can move it out of China by mr_exit · 2018-12-10 15:19 · Score: 1
  
  A lot of firms that have been operating in asia for a while have a China +1 policy. So factories in China + Vietnam or China + Thailand.
  They realise that if all your manufacturing is in China then it only takes one uptight local official to hold your business to ransom, plus if you have duplicated all your knowhow once, it's easy to spin up a third factory elsewhere.
  I doubt they expected their uptight local official to be a president at the import end, but the preparedness helps.
  
  --
  
  -------
  Drink Coffee - Do Stupid Things Faster And With More Energy!
10. Re: Sure they can move it out of China by llZENll · 2018-12-10 15:40 · Score: 1
  
  China imports 1.8T and Mexico 430B. So Chinaâ(TM)s 20% is 360B and Mexicoâ(TM)s 40% is 172B, so China imports almost double from the US compared to Mexico.
11. Re:Sure they can move it out of China by Anonymous Coward · 2018-12-10 15:41 · Score: 0
  
  Communism only works on a local scale. Say less than a few hundred people, beyond that it just becomes too tempting to corrupt the system and use the police/military to become a dictator.
12. Re: Sure they can move it out of China by orlanz · 2018-12-10 15:59 · Score: 1
  
  Mexico is #2 just behind Canada vs China being a distant #3 for importing American goods (Japan #4 is 1/2 China). Mexico is #2 for selling to us, behind China.
  How much room is there to grow for #2 in terms of buying from us? And it isn't even growth, we are charging #3 to discount #2.
  On immigration, more Asia's are coming to the US than Hispanics since 2016.
  On another note, I don't think these guys are really moving to Mexico. Per another post it was Taiwan. Which means it's basically the same supply chain; just one small stage has moved out of China. The whole eastern coast of Asia is one big logistics web. China just has the biggest, low cost (from volume) shipping pipe to US so everything ends up there.
13. Re:Sure they can move it out of China by Anonymous Coward · 2018-12-10 16:00 · Score: 1
  
  My money is on Vietnam. Even China is outsourcing manufacturing there for lower costs.
14. Re:Sure they can move it out of China by cheesybagel · 2018-12-10 16:19 · Score: 1
  
  I heard they already do that with aluminium and other metals...
15. Re:Sure they can move it out of China by AHuxley · 2018-12-10 16:26 · Score: 1
  
  The cost of China is too expensive. Workers, engineers. Communist government demands and laws.
  Want to replace workers with robots, that another upgrade cost.
  
  Non Communist nations start to look great.
  
  --
  Domestic spying is now "Benign Information Gathering"
16. Re: Sure they can move it out of China by orlanz · 2018-12-10 16:34 · Score: 1
  
  For the past 10 years, more Asians come here than Hispanics. NAFTA already solved the Hispanic immigration problem from the 1990s.
17. Re:Sure they can move it out of China by angel'o'sphere · 2018-12-10 16:42 · Score: 1
  
  Vietnam has labour laws ... no idea why you pretend otherwise, e.g. minimum wage laws: https://www.vietnam-briefing.c...
  
  --
  Cost free eBook I read (by iBook/Kobo/Amazon/ObookO/Gutenberg etc.): "The Green Odyssey" by Philip Jose Farmer.
18. Re:Sure they can move it out of China by angel'o'sphere · 2018-12-10 16:44 · Score: 1
  
  Mexico is a free, democratic, reasonably friendly country.
  It is not. It is run by several mafia clans. Which basically only exist because of the US.
  
  --
  Cost free eBook I read (by iBook/Kobo/Amazon/ObookO/Gutenberg etc.): "The Green Odyssey" by Philip Jose Farmer.
19. Re: Sure they can move it out of China by ShanghaiBill · 2018-12-10 17:00 · Score: 1
  
  It is the percentages that matter, not the absolute amount.
  If GoPro pays a worker in Mexico $100, then $40 of that comes back to America. If they pay a worker in China $100, then $20 comes back.
  Also, Mexico is not building weapons targeted at America, nor are they bullying our allies.
20. Re: Sure they can move it out of China by Anonymous Coward · 2018-12-10 17:06 · Score: 0
  
  Why is it that we have to build up our enemies on the Southern Border. Why not build up the United States. Are you saying the black and white USAians are too stupid or too lazy to compete with the strong highly intelligent people living in South and Central America?
  I hate that kind of reverse racism. The people that sent men to the moon can build a GoPro. Someday if you want to make a great society you have to build shit for yourself. The only thing we should be outsourcing is out political and corporate leadership. Donald trump should deport half the Fortune 500 CEOs and half the members of congress. Lets replace the CEO of IBM with an illiterate spanish speaking illegal immigrant. He could not possible do a worse job and he would cost 10000x less.
21. Re:Sure they can move it out of China by Solandri · 2018-12-10 17:23 · Score: 1
  
  I suppose that's one metric you can use. Another is the level of corruption in the country. And Mexico is worse than China by that measure.
  
  Ideally companies would be moving production away from corrupt countries as punishment, to less-corrupt countries as a reward.
22. Re: Sure they can move it out of China by Anonymous Coward · 2018-12-10 18:12 · Score: 0
  
  Meh. the input/export numbers don't tell the exact story that's happening. Deutsche Bank has stated that the exports for China to the US is estimated to be 1/3 over what it should actually be. That's because of global supply chains. China has to import a lot of different products from various nations in Asia, Europe and the US to manufacture its products. So an Apple product may be listed as being worth $300-400 as a Chinese export to the US, but China may have only put $90 worth of labor and parts into that product. So, based on that information, we are looking at about a 40% ratio as well for China.
  China isn't building weapons targeted at America either. At least not at continental US or even probably Hawaii. They are trying to make sure that they their ships can freely pass through the Malacca Straits though.
  By bulling allies, which ones do you mean? Philippines wants a better relation with China. Most of SE Asia, except for maybe Vietnam wants the US to cool tensions with China. Japan actually has been having a detente of sorts with China. S. Korea also seems to be somewhat on the same page with China as well, with at least NK policy.
  A more powerful Mexico on the US border may actually make things worse for US foreign policy. They probably wouldn't be able to control Latin America as much as they do now, if Mexico were to take a more independent policy.
23. Re:Sure they can move it out of China by ShanghaiBill · 2018-12-10 19:01 · Score: 1
  
  Ideally companies would be moving production away from corrupt countries as punishment, to less-corrupt countries as a reward.
  Countries that trade internationally tend to be less corrupt. Within countries, sectors of the economy exposed to trade tend to be the least corrupt.
  So depriving corrupt countries of trade, will likely make them more corrupt.
24. Re:Sure they can move it out of China by Anonymous Coward · 2018-12-10 20:21 · Score: 0
  
  Why Mexico, it'd be easier to move it across the water to Taiwan.
25. Re:Sure they can move it out of China by gtall · 2018-12-10 22:10 · Score: 1
  
  Mexicans leaving Mexico for the U.S. has dried up. Think Central America, and do please try to keep up.
26. Re:Sure they can move it out of China by Anonymous Coward · 2018-12-10 22:52 · Score: 0
  
  "Also, a more prosperous Mexico benefits America. A more prosperous China, not so much.
  40% of Mexican imports come from America. 20% of Chinese imports come from America."
  citation needed
  "More jobs in Mexico means fewer desperate immigrants to America."
  you need to work on your bullshit harder... This means less easily exploitable people and consequential decrease in profits cause you cant decrease native worker pay further.
27. Re:Sure they can move it out of China by Anonymous Coward · 2018-12-11 00:46 · Score: 0
  
  While the actual manufacturers do have a sizable plant in Guadalajara, it would likely be more economical to move the manufactoring equipment to a closer factory, that would be in Malaysia.
28. Re:Sure they can move it out of China by Anonymous Coward · 2018-12-11 00:49 · Score: 0
  
  Ha!
  The camera is basically a sensor + electronics + lens + battery in a plastic box. That gets wrapped in a cardboard box to be sold to the unsuspecting public.
  The sensor + electronics will continue to be manufactured in China (or elsewhere, but ultimately put together in China), the plastic box probably will continue to be made in China too. Batteries will come from wherever they do now too. It'll all arrive in separate containers and get shipped to a minimum wage assembly line where you lucky Americans get to put three or four bits together before putting into a cardboard box.
  Yep, sure did 'make america great' right there. Well done.
29. Re:Sure they can move it out of China by Shotgun · 2018-12-11 06:31 · Score: 1
  
  The people that Bernie was hanging out with didn't even think that it worked on a small scale for him. They had to kick him out of the commune because he wouldn't work.
  
  --
  Aah, change is good. -- Rafiki
  Yeah, but it ain't easy. -- Simba
30. Re:Sure they can move it out of China by OrangeTide · 2018-12-11 06:38 · Score: 1
  
  Organizations with more than about 10 people in them turn shitty real fast. Everything is great on a small scale, especially beer.
  
  --
  “Common sense is not so common.” — Voltaire
31. Re:Sure they can move it out of China by OrangeTide · 2018-12-11 06:47 · Score: 1
  
  Unfortunately the reality is people work a portion of their day off the clock in Vietnam. So they get a double whammy of lower effective pay and having to work longer hours. You can cite the official laws all you want, but legal code doesn't necessarily reflect reality. In Vietnam the local municipalities are corrupt and the national ministries ignore the plight of most ordinary folks. One party states are bad news for the proletariat.
  Mexico's minimum wage is horrible too, I think it works out to around $140/month last I checked. In the US they can make that much in a week. They can often bring home a year's pay by working under-the-table in the US for 3 months. A good factory job in Mexico pays substantial more than the minimum wage. The working conditions are OK, but not great. There is a lot of government oversight and interest in factory conditions because they do want to avoid PR scandals there. Agricultural working conditions in Mexico are well below what the US would consider acceptable (downright illegal if done here)
  
  --
  “Common sense is not so common.” — Voltaire
32. Re:Sure they can move it out of China by flabman · 2018-12-12 06:32 · Score: 1
  
  Most of the components still come from China though. Assembly is not where most of the value sits. So GoPro will have long supply lines for the components.
33. Re: Sure they can move it out of China by terrycarlino · 2018-12-12 08:50 · Score: 1
  
  But are the Asians coming here legally or illegally?
  My biggest problem with illegal immigration is that a large illegal immigration population is vulnerable to exploitation by bottom feeders of all kinds. Ignoring illegal immigration allows those bottom feeders, whether they are big corporations, small businesses, drug cartels, human trafficking groups or gangs, to continue to exploit people who are too afraid to seek help from the local and federal institutions that are suppose to be protecting all of use from said bottom feeders.
  I don't mind anyone who comes to the U.S., as long as they do it legally.
34. Re: Sure they can move it out of China by orlanz · 2018-12-17 04:21 · Score: 1
  
  Then fix the immigration laws. Make the process easier for people to come here. Stop scaring them. Stop giving so much power to the corporations who have a ton when it comes to the H1, and L1 visas. Stop giving preferential treatment to "asylum seekers" just because they fit some of the US's biased checkboxes. Stop preferring the very rich over the normal and poor. Stop empowering the human traffickers who make it easier than the legal route. The list goes on and on.
  I am a US citizen and have had to deal with EU, UK, CA, Indian, and US immigration systems. I had the worst treatment from the US system. It's an utter embarrassment for a "first world" country.
  I think it is unAmerican, embarrassing, unrealistic, and insulting to throw our maze of a legal immigration framework that runs at a snail's pace in front of those who are trying to make a better life for their children. Imagine if you removed a crosswalk at a necessary & busy intersection. Would people just stop crossing? Would we be really addressing the issue by posting police there and enacting more and more severe punishments for violators?
  Finally, less than 4% of the US population is illegal. The numbers haven't budged from 2005. 75% of them came here prior to 2005. Most illegal immigration ramp up happened during the 90s. And those people just stayed illegal as there was no path for them to become legal.
  If we really want to make immigration better, there are plenty of ways to do so, but they are responsible, mature, & difficult choices. But it seems we would much rather hear the comforting sound bites against figmentations of the boogie men and chose options that actually make things worse.
Where? by Anonymous Coward · 2018-12-10 12:13 · Score: 0

I hope they move to Mexico.
1. Re: Where? by Anonymous Coward · 2018-12-10 12:17 · Score: 0
  
  They will love this. They wonâ(TM)t be working all night in the US or China on these.
2. Re: Where? by Anonymous Coward · 2018-12-10 12:37 · Score: 0
  
  All of the products end up in the US and donâ(TM)t get routed through anywhere
3. Re: Where? by Anonymous Coward · 2018-12-10 12:47 · Score: 0
  
  Why would Mexico care they are busy refining many many bbls of oil
Link goes to Verizon layoff story by Anonymous Coward · 2018-12-10 12:19 · Score: 0

Nice job, guys
1. Re:Link goes to Verizon layoff story by Anonymous Coward · 2018-12-10 12:23 · Score: 0
  
  Actually it's kind of ironic.
2. Re:Link goes to Verizon layoff story by OrangeTide · 2018-12-10 12:52 · Score: 1
  
  Never RTFA finally pays off.
  
  --
  “Common sense is not so common.” — Voltaire
3. Re:Link goes to Verizon layoff story by Tough+Love · 2018-12-10 13:39 · Score: 1
  
  A new low for editorial proofreading.
  
  --
  When all you have is a hammer, every problem starts to look like a thumb.
FIX THE EFFIN LINK "EDITORS" by OzPeter · 2018-12-10 12:20 · Score: 3, Informative

The GoPro press release is
https://investor.gopro.com/pre...
The link in TFS is for teh old version story

--
I am Slashdot. Are you Slashdot as well?
1. Re:FIX THE EFFIN LINK "EDITORS" by OzPeter · 2018-12-10 12:21 · Score: 1
  
  Damn auto correct .. that was Verizon not Version
  
  --
  I am Slashdot. Are you Slashdot as well?
Corrected Link by Christopher+Fritz · 2018-12-10 12:20 · Score: 1

If it hasn't been updated in the summary yet, here's the correct link to the article.
1. Re: Corrected Link by Anonymous Coward · 2018-12-10 12:22 · Score: 0
  
  Only one link is right for the 5G story. Why you fighting over links? You mad bro?
The margins on cameras ... by CaptainDork · 2018-12-10 12:24 · Score: 1

... are so thin that they can't afford the tariff.
I have two major thoughts on this announcement:
1.) When (not if) the tariffs are rolled back, GoPro will regret the shortsightedness.
2.) I don't have the chops to tell GoPro what its business model should be.

--
It little behooves the best of us to comment on the rest of us.
1. Re:The margins on cameras ... by OzPeter · 2018-12-10 12:38 · Score: 1
  
  GoPro has been in trouble for a while now, so there may be a short window for regret and/or telling them how to (better) run their business
  https://www.fool.com/investing...
  
  --
  I am Slashdot. Are you Slashdot as well?
2. Re:The margins on cameras ... by Tulsa_Time · 2018-12-10 13:02 · Score: 1
  
  Shortsightedness ? You want our companies production out of China ? Is Russia ok too? Or is that too trumpy ?
  
  --
  5 out of 6 people enjoy Russian Roulette & 6 out of 7 Dwarfs are not Happy
3. Re: The margins on cameras ... by Anonymous Coward · 2018-12-10 13:16 · Score: 0
  
  EU could assemble maybe
4. Re:The margins on cameras ... by CaptainDork · 2018-12-10 16:21 · Score: 1
  
  I don't give a fucking rat's ass where shit is made. If you do, then godammit shut up and vote.
  
  --
  It little behooves the best of us to comment on the rest of us.
5. Re: The margins on cameras ... by UnknowingFool · 2018-12-11 05:33 · Score: 1
  
  I don't know of any company that likes having costs unexpectedly go up 20% especially if it is for a tariff. GoPro isn't the only company moving production. Some US manufacturing is moving overseas because their parts coming from China are now 20% higher. However if they manufacture in a country like Vietnam then import the finished food back into the US they get no tariffs. Until the Trump administration starts taxing more countries. This is the problem with tariffs. One of the most likely scenarios is everybody loses.
  
  --
  Well, there's spam egg sausage and spam, that's not got much spam in it.
6. Re: The margins on cameras ... by CaptainDork · 2018-12-11 05:58 · Score: 1
  
  I agree with you.
  
  One of the most likely scenarios is everybody loses.
  History supports your theory.
  
  This customs [or tariff] war is often cited as one of the main causes of the Great Depression.
  
  --
  It little behooves the best of us to comment on the rest of us.
How about moving back to the states by Anonymous Coward · 2018-12-10 12:26 · Score: 0

Just saying.
1. Re: How about moving back to the states by Anonymous Coward · 2018-12-10 16:26 · Score: 0
  
  LOL. Let's just drop the logistics benefit and pay tariffs on parts from China. That's in addition to all the reasons they didn't do it here in the first place... like no labor due to a less than 5% unemployment pool.
And? by Anonymous Coward · 2018-12-10 12:30 · Score: 0

China's shaping up to be a competitor this century. Damaging them by making manufacturers flee is a positive for the US.
Mexico has already shaped up to be a blight on our southern border. Improving their economic condition is also a positive for the US.
Well done Mr President by bogaboga · 2018-12-10 12:37 · Score: 0

"It's important to note that we own our own production equipment while our manufacturing partner provides the facilities, so we expect to make this move at a relatively low cost,"
I am sure our president will take credit for this, as he [rightly] should.
From my vantage point, that's "one down" for the Xmas season...more to come.
Now, let's join America in celebrating this news.
1. Re:Well done Mr President by Anonymous Coward · 2018-12-10 12:46 · Score: 0
  
  "It's important to note that we own our own production equipment while our manufacturing partner provides the facilities, so we expect to make this move at a relatively low cost,"
  I am sure our president will take credit for this, as he [rightly] should.
  From my vantage point, that's "one down" for the Xmas season...more to come.
  Now, let's join America in celebrating this news.
  you know they didn't say that they were coming to the US right ....
2. Re:Well done Mr President by Anonymous Coward · 2018-12-10 12:59 · Score: 0
  
  And as soon as he's gone they'll move it right back to China. As they [rightly] should.
3. Re: Well done Mr President by Anonymous Coward · 2018-12-10 13:10 · Score: 0
  
  Their computers and select VIPs may come if required - why would anyone care about production? They will just get taxed as they go
4. Re:Well done Mr President by matushorvath · 2018-12-10 13:11 · Score: 4, Insightful
  
  Notice they are saying "out of China", not "to the US". They will most likely move it to India or Vietnam or Mexico, or somewhere else cheap.
5. Re: Well done Mr President by Anonymous Coward · 2018-12-10 13:12 · Score: 0
  
  control Is still with the terrible corporate masters
6. Re: Well done Mr President by Anonymous Coward · 2018-12-10 13:17 · Score: 0
  
  Ah. It must end up in US if it moves unless someone gives specific approvals
7. Re:Well done Mr President by Harlequin80 · 2018-12-10 13:37 · Score: 1
  
  Are you serious? I actually can't tell.
  Production will move at most 800km. Components will be sourced en-mass from china, shipped to vietnam and then assembled into the final product with a "made in vietnam" sticker.
8. Re: Well done Mr President by Anonymous Coward · 2018-12-10 13:58 · Score: 0
  
  US bound product need not ever come from Chinese firms. Chinese firms do not have any right to product they do not legally possess
9. Re:Well done Mr President by RhettLivingston · 2018-12-10 17:10 · Score: 2
  
  Exactly. GoPro is not the first. Most who are moving are moving to places like Cambodia and Vietnam. Mexico is nowhere near as cheap or reliable. They will likely look to improve their margins in the move versus what they had in China pre-tariff. Why wouldn't they?
  The affect of all this will be to spread the wealth and thus bring other countries up to the point of us viewing them as a problem. We simply can't stand other countries using our same tactics.
  But, it's too late. Once the countries cross a certain nutritional divide for enough years and no longer has their intelligence hampered by malnutrition in their early years, they will inevitably join the industrial world. Many our lining up to do so now as a result of nutritional improvements in previous decades.
Protectionism by manu0601 · 2018-12-10 12:40 · Score: 1

The company said international-bound camera production will remain in China.
The message to legislators around the world is clear. I wonder if other countries will follow US example.
1. Re: Protectionism by Anonymous Coward · 2018-12-10 12:45 · Score: 0
  
  Duh if they keep their cameras where they make them - US originated or based products have their own obviously. Legislators are so stupid you could never talk to them. And there is no way for Chinese companies to dictate any terms to US production plants
2. Re:Protectionism by Harlequin80 · 2018-12-10 13:33 · Score: 1
  
  The message is what exactly?
  That putting tarrifs on a particular country will make production move ~800km to a different country that is very much under the geographic sphere of influence of the 1st?
  That significant supply chain production will remain in the 1st country and only a negligible amount of money will change path.
  Thats the message?
3. Re:Protectionism by RhettLivingston · 2018-12-10 17:19 · Score: 1
  
  Smart move to keep other production in China versus here. Other countries are much more likely to place tariffs on us than China as Trump spreads his tariff wars. Moving it here would thus cause the same problem in reverse.
4. Re: Protectionism by UnknowingFool · 2018-12-11 05:40 · Score: 1
  
  No it means that tariffs won't necessarily make companies move production back to the US. It means that this is an inconvenience to US companies who manufacture overseas. GoPro will set up a 2nd factory in another country that will handle US imports. Their current factory will still make products for other countries. Chances are there that there is no real difference between the two products other than manufacturing site. GoPro probably didn't and will not consider moving those jobs to the US. So who won or lost? China loses a little. US doesn't win or lose.
  
  --
  Well, there's spam egg sausage and spam, that's not got much spam in it.
5. Re: Protectionism by UnknowingFool · 2018-12-11 05:41 · Score: 1
  
  One of the main problems with tariffs is that one of most likely outcomes if a tariff works is that everyone loses.
  
  --
  Well, there's spam egg sausage and spam, that's not got much spam in it.
MAGA by Anonymous Coward · 2018-12-10 12:45 · Score: 1

I'm sure this will be a very unpopular comment on the heavily left-slanted Slashdot. But the tariffs are working. I build custom manufacturing hardware (in the US). While my component costs have gone up (since most ICs come from Asia) I've noticed a boom in business.
1. Re:MAGA by AndyKron · 2018-12-10 13:16 · Score: 1
  
  Everything I've ever read about tariffs conclude they are bad except in all but the rarest of instances. Enjoy your boom at our expense.
2. Re:MAGA by ClickOnThis · 2018-12-10 14:13 · Score: 1
  
  I'm sure this will be a very unpopular comment on the heavily left-slanted Slashdot. But the tariffs are working. I build custom manufacturing hardware (in the US). While my component costs have gone up (since most ICs come from Asia) I've noticed a boom in business.
  I assume you supply manufacturing machinery to other industries that benefit from tariffs. Good for you, you're one of the lucky ones.
  But there are plenty of losers from tariffs: those whose businesses depend on imported materials (or even domestic-sourced materials now priced higher thanks to less competition) and those who export to countries that have imposed counter-tariffs.
  Yes, the tariffs are working -- to the benefit of some, and to the detriment of others.
  
  --
  If it weren't for deadlines, nothing would be late.
3. Re:MAGA by currently_awake · 2018-12-10 14:56 · Score: 1
  
  I don't know how much the steel tarrif was responsible for GM closing those factories, but it must have been considered.
4. Re:MAGA by Anonymous Coward · 2018-12-10 16:40 · Score: 0
  
  Look up what steel costs by the ton and what a car weighs then get back to us on that.
5. Re:MAGA by Anonymous Coward · 2018-12-11 00:21 · Score: 0
  
  "Yes, the tariffs are working -- to the benefit of some, and to the detriment of others."
  First, just like every other policy ever enacted by any government in power, you cannot please all of the people all of the time. So in that respect this statement is fallacious by redundancy.
  Second, to assume a particular policy either helps or hurts everyone is also fallacy (false dichotomy). There are those who are unaffected by a given policy (You will be tempted to respond to this assertion with an MoM Fallacy. I would refrain)
6. Re:MAGA by Anonymous Coward · 2018-12-11 05:11 · Score: 0
  
  I don't know how much the steel tarrif [sic] was responsible for GM closing those factories, but it must have been considered.
  Considered? Perhaps. I'm no fan of trade wars, but I think the biggest factor that led to GM closing plants is that they just haven't been selling enough cars to keep them open. That, and a strategic move away from sedans.
  And where they get built probably was not a factor either. NAFTA 2.0 is here, and yet one of the four plants closing is in Oshawa, Ontario.
7. Re: MAGA by UnknowingFool · 2018-12-11 05:46 · Score: 1
  
  GM problems go way beyond steel tariffs. The tariffs certainly don't help. Part of GM's new plan was to shut down small gasoline car manufacturing in the US because it probably wasn't very profitable and focus on trucks and SUVs. That product line wasn't profitable to GM but is very profitable to Honda and Toyota.
  
  --
  Well, there's spam egg sausage and spam, that's not got much spam in it.
That was my first thought too by rsilvergun · 2018-12-10 12:48 · Score: 1, Interesting

Trump just signed NAFTA 1.2. It's just like NAFTA except he snuck a few provisions from the TPP in there (notably the one that lets companies sue governments for lost profits, which should have be a big no-no among his America First base...).

At any rate even if they bought a factory here I doubt we'd see jobs. There's always automation. Ever see the Steam controller get made? One guy dumps parts manufactured in China into a machine and out comes controllers.

--
Hi! I make Firefox Plug-ins. Check 'em out @ https://addons.mozilla.org/en-US/firefox/addon/youtube-mp3-podcaster/
WRONG LINK. Posting too quickly by Anonymous Coward · 2018-12-10 13:48 · Score: 0

You posted the same link as your previous post. :)
See how many people comment on this without being able to read the article. One person + the Internet = Fool
Exactly backwards by raymorris · 2018-12-10 14:00 · Score: 4, Insightful

It seems like you got a little confused there, or whoever told you was confused. That provision was *removed*. It was in NAFTA 1.0, now it's gone.
Canada wanted keep it, which is weird because:
https://www.cbc.ca/news/politi...
It was removed in the Trump deal except for one special case. Every so often Mexico makes efforts to nationality their oil industry, with the government taking refineries and other infrastructure from the private companies that built them. If Mexico wants to take American-owned oil facilities, the companies can get reimbursed under the chapter 11 process. It's been removed except for oil facilities in Mexico only.
Whichever source of news / comedian told you the exact opposite, I'd be suspicious of them now. Apparently they are either hard to understand, or pulling your leg.
The key statement is "US-Bound..." by Streetlight · 2018-12-10 14:56 · Score: 1

What percentage of their product is shipped to the US? 10%, 50%? That not destined from the US will still be made in China. Didn't see any thing about manufacturing in the US.

--
In a time of universal deceit, telling the truth is a revolutionary act. George Orwell
1. Re:The key statement is "US-Bound..." by thegarbz · 2018-12-11 00:15 · Score: 1
  
  No, the key statement is "Out of China". Even if the number is 100% of products there's nothing about moving to the USA. If there were they'd be shouting it from the hills for brownie points.
Long Term Short Term by Elfich47 · 2018-12-10 16:55 · Score: 1

Well to your point: you are building custom equipment, not commodity or mass production equipment. The market is there for custom equipment that has support within the same country. Its not like you want to call up someone in China (let alone have someone fly out from China) if you need tech support or repairs.

On the other hand, all of the commodity and mass production equipment is made overseas (China, Vietnam, India, Take your pick of a SE Asian country). You even admit to ordering commodity overseas parts. I assume you can't even get US made commodity parts that are cost competitive with overseas manufacturers.

So the tariffs are a mixed bag at best. Right now, any factory that produces mass market commodity goods are shifting production out of China and into another SE Asian country. The production for those goods are not shifting back to the US. Those factories have to be cost competitive after the tariffs are rolled back and some new trade agreement is put in place. Once the tariffs are rolled back, any commodity product factory in the US will get ground under.

So yes, your production is at capacity. But the moment someone figures out how to make a mass market version of what you are producing, expect it to start being produced in China or Vietnam or Korea or India.

--
Architectural plans are like computer source code with a couple of differences: You only compile once.
Go Pro or Verizon by Holi · 2018-12-11 02:40 · Score: 1

Didn't see anything about this from the link in the summary,

"Verizon says to shed 10,400 jobs by mid next year"

so I guess that sucks but it does not verify what the summary claims.

--
Sorry, teleporters just kill you and then make a copy. A perfect, soul-less copy.
world war3 ? by Anonymous Coward · 2018-12-11 06:03 · Score: 0

It's ok. If it's in Asia china will also move the army right there so any alternatives to chinese manufacturing will also be part of China.
Thus by Anonymous Coward · 2018-12-12 18:49 · Score: 0

MIGA, MVGA, MMGA, Make Anywhere But America Great Again (MABAGA)!
istanbul tours, cappadocia tours by toursoption · 2018-12-16 21:59 · Score: 0

Istanbul City Tours: Sightseeing tour, Princess island, Shopping Tour,istanbul tours, Ottoman Relics Tour, Private Tour