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639 points CTOSian | 2 comments | | HN request time: 0.598s | source
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InitialLastName ◴[] No.45029930[source]
This whole tariff circus boils down to regulatory capture by manufacturers at the 10+-figure market cap scale. Olimex (and other small and medium businesses) can't reasonably be expected to calculate the exact material composition of their products (much less their suppliers' products); the only people who can are on the scale of Apple, Microsoft, Samsung and Google whose volumes can amortize the cost of doing so on a per-product basis (and who have probably already done that analysis as part of their process control).
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1. zdragnar ◴[] No.45030069[source]
This is nothing new. The number of hoops a former employer had to jump through to export, from the US into the EU, what amounted to a steel bar with some brackets on it was almost worth more in salary hours than the entire value of the sale.
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2. cheema33 ◴[] No.45030450[source]
> The number of hoops a former employer had to jump through to export, from the US into the EU

Makes perfect sense to make ordinary Americans pay tariff/taxes on imports in return. Sucks to be them.