Carrying or wearing luxury brands says...'I am a fool'. I have been ripped off

 The exposure by TikTokers on the cost of manufacturing luxury branded goods or apparels and where they were actually made is sending a tsunami across the Pacific Ocean. An item costing $5 could be sold for $200, an item costing $1,500 could be sold for $30,000. And what were the buyers actually paying for? It was thought to be good material, quality and artisan skills but these cost only a fraction of the final shelf price. 90% of the shelf price is for the branding and the embossing of Made in Italy, France etc etc. The bulk of the shelf price is for the logo or the brand, not the quality of the item.

Buyers and potential buyers of such branded luxury goods are in shock. They have all gone hiding, too ashamed to be seen with their overpriced luxury items. Carrying or wearing them is like telling the world they are fools. They used to brag about how many thousands they paid for these exclusive high quality items. Many are screaming foul, that they have been scammed, cheated, duped, ripped off, overcharging etc etc. This is an unexpected result of Trump's tariff war against China. The OEMs or Original Equipment Manufacturers are mostly from China. And for all their hard work and expertise, they are only being paid a pittance, slave wages. The biggest beneficiaries are the branded companies. They just subcontract everything to China and collecting huge profits by stamping their brands on the goods.

What made the OEMs angry is that they could not even make a few dollars because of the tariffs, unable to sell their goods. They are even called cheats by the Americans. The real cheats are the luxury brand companies for embossing the goods as Made in their countries, not Made in China when more than 80% of the items are Made in China.  The OEMs are taking to TikTok and other social media to advertise their products, inviting customers to buy direct from them, for the real stuff at a fraction of the price of luxury brand companies. They are telling the whole world that China can make high quality luxury stuff.

A direct consequence of this development is that customers that paid for the 'real' stuff at thousands or tens of thousands of dollars are now feeling stupid. They have been educated by the TikTokers for being suckers and paying exceptionally high prices for items that cost the OEMs a fraction to make. Now these buyers of luxury brand goods are afraid to carry them or wear them as it is like making a statement, "I am a fool or I am an idiot' for stupidly wasting so much money for something Made in China, not what was embossed on the item.

For buyers that appreciate good designs and quality they now know where to get them at really affordable prices and come out feeling smart and feeling good. They are paying for quality without being made a sucker by the luxury brand companies. These are the people that would be carrying and wearing this good quality stuff bought at reasonable prices and can brag about it. They are booking the next flight to China for a shopping spree. Those that paid foolishly to the luxury brand companies would not dare to talk about how much they had paid for their branded goods as they would look very silly to their friends and onlookers. People would be staring at them for their stupidity.

The stupendous high margins for branded goods are going to take a hit. The luxury brand companies can only blame Trump for this mess. They cannot lie to their customers anymore. Their loyal customers are running away after knowing that they have been cheated and made a fool off.

All western branded luxury goods are Made in China

 Why the West had insisted on so called "Intellectual Properties" and their Trade Marks?

This is to con the Dafts and Stupids of their Fleecing of your monies under their socalled Manufactured Brands that are NOT even produced by them.

Also, they had implemented their socalled Counterfeit FAKE Goods Laws especially the EURO Nuts which leeching on the Stupidty of Many with their socalled Luxurious and High Class Esteemed Goods that are NOT even really Manufactured by them.

So when you unwittingly were to wear or carry their so called "Fake" branded goods into their countries they shall arrest and charge you in their Courts. This is to protect their Scams.

Saved for the SWISS with their real skilled Branded Watches and also the Japanese.

The Italians and Frenchies and the Others are just profiting from the outsourced labours that Manufactured their goods for them.

The cost at a few hundreds or just a thousand plus ans they charged you hundreds of thousands.

They insisted that countries must on their behalf protect their Scams of their socalled "Intellectual Properties"

China been their Main Source of Outsourced Labours for their Manufactured Goods as been their Industries had gentlemanly kept their obligations to silence of this real costs of Manufactures.

Also been in their contracts a non-disclosure clause NOT to reveal any of their Trade Secrets and Costs.

Deng Siao Ping ever in his exhortation scolded the Americunts when they accused China of unfair trading said We produced your Sports Shoes example NIKE at just US$5.00 to 10 a pair and you sell them in the hundreds and you still accused us of unfair practices?

Frankly, these EURO Nuts countries with their socalled BS luxury first class goods that are been manufactured by the Real Manufacturers that is China is leeching on the World's Dafts to part their monies.

The Goods been sent back to them and they smartly just finished off the products with their Insignias or Logos themselves which they shall give them to the Manufacturers

Now China been fed up and decoupled from them began to disclose the truths and they are the ONEs now telling the World that we could do these ourselves and sell to you cheaper.

Also we could even in the future create and innovate better designs for you.

The Collapse of the EU Luxurious Branded Industries.

This is now the Open Secrets Free for ALL fights

Cheers

Virgo49

Inflation and recession guaranteed for the USA...and coming very fast

 The USA is still trying to spin the possibility of inflation rising as a result of those tariffs. Possibility is just the usual denial, and certainty is the more appropriate reality. How could cost of living in USA not expected to rise without all the cheap Chinese goods and all the more expensive stuff from other countries that have been targeted by tariffs, for example steel and aluminum, that goes into almost every household product made in USA and not just cars.

We can expect the Trump administration to keep lying and hoping for a miracle to happen. Manufacturing is not returning to the USA anytime soon and job creation is just a figment of Trump's delusional mind. Any factory owner knows that automation and robotics coupled with AI is the norm in present day manufacturing and not many jobs will be created. On top of that, high cost is not going to make such investments competitive and USA consumers can wait for Trump's manufacturing to return, years down the road. 'Hang tough' is an empty war cry to fool the silly Hillbillies.

During his first term, Trump already had been caught lying tens of thousands of times, and he is not stopping his disgusting bad habit. And he is still swinging his pussy grabbing hands as a reminder of his disgusting trademark. The fact that he could still be elected as President is a testimony of how far the USA has slid into the sewers and what is to become of the USA going forward. Trump is not making America Great Again. He is doing the exact opposite, with some even saying he is making China even greater than ever.

Xi Jinping is calling Asian countries to come together in the face of the deteriorating geopolitical issues. He is hinting that Asian ought to unite to face the Anglo-Saxon agenda that is rising. Oh yes, not forgetting that NATO is expanding into Asia with Japan calling for it, and with Japan now the de-facto leader of the formation of NATO-Asia.

Anonymous

Trump punishing Americans to pay 3 times what the world is paying for Chinese goods and services

 The US$ is no more than a counterfeit currency and the USA is the biggest counterfeiter in history. But blaming others is just a ploy to distract the reality.

That means the USA is also the biggest currency manipulator in the world, but it is trying to tarnish China as a major currency manipulator by keeping its Yuan low to help its manufacturing to compete globally. Again, after decades of enjoying cheaper Chinese products with a strong dollar and a weaker Yuan, the USA is turning around to bite the hand of China. In the face of the tariff war, China is now weakening the Yuan further to make its manufacturing more competitive. This is good news for BRICS and the Global South countries, with China exporting its deflation to benefit them.

The BRI was a very strategic move by China. With the BRI, China also found an alternative way to recycle its trade surpluses, without the danger of further investments of those surpluses into USA Treasuries and assets. This move made the USA paranoid and nervous, resulting in the manifestation of the debt trap mantra to demonize China.

With China moving its surplus of US$ from trade into helping poorer countries with infrastructure means China is killing two birds with one stone - firstly getting a safer investment alternative besides USA Treasuries and other assets, with secondly lifting more out of poverty of those countries with infrastructures that will benefit China in trade in the longer term. This is what I always say about China thinking long term and far ahead, building a strong foundation for what it intends to move forward towards.

Anonymous

Empire of Lies and naked Emperor Trump still lying about China

 Trump had been dreaming of forcing manufacturing to return to USA since his first term, claiming that China stole these companies together with all the jobs. Did China put a gun to Steve Job's head to make iPhones in China? Did China put a gun to the heads of CEOs of vehicle manufacturers from USA and EU to invest in China? They wanted to take advantage of the cheap wages and massive Chinese market to invest in. That was the reality.

Additionally, did China put a gun to former chief of Amazon, Jeff Bezos head to stock his warehouses with China made products? Did China put a gun to the CEO of Walmart's head forcing him to stock up on Chinese products for display and sale? Did China put a gun to USA consumers' heads to force them to buy Chinese products?

Trump is delusional that he can force manufacturing to relocate from China to the USA. It is as impossible as hoping for the moon to turn blue. China is still the biggest market for some of the biggest USA manufacturing outfits, and they are not going to risk losing that market that is four times bigger than the USA, with the Chinese population possibly already having the bigger spending power relative to USA consumers on purchasing power parity basis.

Western companies that chose to move out of Russia after the Ukraine War started are beginning to regret their mistake of abandoning the Russian market too hastily. Too bad their market share in Russia is already gone for good. And thinking about that will make them ask themselves whether it is worthwhile to do the same with China.

Anonymous