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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsMark Cuban:Not a single word to help the 33m small businesses in this country. Not from anyone in the administration.
But billionaires did great.
Not a single word to help the 33m small businesses in this country. Not from anyone in the administration.
So many buy from China, and don't have alternatives.
So many didn't have the cash to front run the tariffs and buy inventory
Not a single word to help the 33m small businesses in this country. Not from anyone in the administration.
— Mark Cuban (@mcuban.bsky.social) 2025-04-11T12:44:23.113Z
So many buy from China, and don't have alternatives.
So many didn't have the cash to front run the tariffs and buy inventory
gab13by13
(31,186 posts)and not for poor ratings, he was explaining how crony capitalism led to monopolies, how it is designed to put small business out of business.
Damn I miss Dylan. He cried when he said goodbye at his last show.
bucolic_frolic
(54,020 posts)Everyone will have a bankruptcy! Just like Trump!
sop
(17,404 posts)Harbor Freight is a privately held family-owned business that sells very affordable tools and equipment at low profit margins. Pretty much all of their merchandise is made in China. The company's success was based on affordability, Trump's tariffs will destroy that.
Wingus Dingus
(9,173 posts)For those tools you only need occasionally, they are the best.
SheltieLover
(76,742 posts)It's like the dollar store for tools.
Wingus Dingus
(9,173 posts)with some little cheap gizmo or gadget we didn't plan on buying, it's like a little flea market to us.
SheltieLover
(76,742 posts)The quality is lacking, but for example when he's creating or reworking a car wiring harness, the zip ties don't need to be strong, they just have to hold wires together.
Fucking republicons destroy everything.
Wonder Why
(6,551 posts)Wingus Dingus
(9,173 posts)a tile saw or powered metal shears, it's a good tradeoff.
Wonder Why
(6,551 posts)buy quality ones. My sons (and daughters-in-law) will appreciate what I did when they get them as will anyone whom they donate the tools to if they can't use them.
I still use some of my father's tools from the '30s because they haven't changed (other than the new ones made of cheap steel or plastic).
MayReasonRule
(4,011 posts)They're incredibly well made!
Wonder Why
(6,551 posts)SheltieLover
(76,742 posts)Let's face it, the consjmer grade power tools at Lowes or Home Depot are every bit as poor quality as are Harbor Freight's!
I've bought him house brand impact drivers all the way up to the most expensive DeWalts & every single one was absolute junk. But there is a reason for ghis: all consumer grade tools, including the expensive riding mowers have all been bought by one Chinese company. So shen hou buy Craftsman tools or a Toro mower, they are all Chinese junk made by divisions of the same company. Sad but true.
Wingus Dingus
(9,173 posts)ballpark anymore. Lowes has Project Source store brand stuff that's Harbor Freight-ish in price and sometimes we buy that too.
SheltieLover
(76,742 posts)Identical quality: extremely poor. Every single one caught fire while charging. Yes, including the DeWalt that I paid nearly $300 for with extra batteries.
druidity33
(6,869 posts)If you've really had that problem i would have your home wiring inspected. That is NOT NORMAL! At the very least charge all of your lithium batteries through surge protectors. Remove the battery and never leave them plugged in once they're fully charged. Even then, unplug the empty charger from the wall. I've been using Ryobi equipment for about 20 years. Never had a problem and the original batteries still hold a good charge.
SheltieLover
(76,742 posts)Perhaps your Ryobi eqpt. Is old enough to be made well?
I asked the cust. Serv. Woman when I returned each one whether the circumstance was unusual & was told "no. We see this all the time "
druidity33
(6,869 posts)I also know a very wide group of people who work construction. Dozens of people, hundreds of tools, all major manufacturers. Only one person has ever had a battery melt (no fire) and that was a very cheap e-go weedwhacker purchased used. I say this not to disparage but out of actual concern for your well-being. That really is not normal. If you haven't had an electrician check your wiring ever i would recommend it. Following precautions while charging is important... but stuff catching fire is an anomaly. NOT the norm.
SheltieLover
(76,742 posts)1st thing he did when I bought G his house was to rewire ceiling fans because all had reversed polarity. (Sadly for me, I currently live in the south.)
All computers & other electronics are fine.
Ty for your concern.
rubbersole
(10,986 posts)I was a electrical contractor in Orlando for 25 years. For durability vs cost - Milwaukee was by far the best. Cordless tools especially. But that was quite a while ago...
zorbasd
(514 posts)Very reasonably priced and affordable tools,
power tools, etc.
Now, for the everyday contractor, well, they will buy brand named more expensive tools and that's expected.
Trump is destroying the country. I really hate them, Lutnick, Navarro, Bessent....they can all hang...
MiHale
(12,618 posts)getagrip_already
(17,802 posts)Intending to keep it going post retirement.
Right now, the entire business plan is on its ear. 3D printers are almost entirely made in China. So are the raw materials you use to print with them. The plan wasn't entirely consumer products, but that is a part of it.
Spare parts all come from China. There are no domestic companies to fill in the gaps.
Yes, there is a major company in Czechoslovakia, but who knows what will happen to them since pootie wants the country "back". Tarrifs could fall on them quickly if he wants to hurt the political leaders.
146% isn't just going to be expensive, it's going to put the US distributors of those companies out of business. That means no spare parts and the printers you have will become very obsolete unless domestic suppliers can make low volume, highly complex parts at an affordable price.
In any case, the recession already has people walking back purchases on vendors like etsy and even amazon
Small companies that rely on the revenue they have been making on sites like etsy and amazon are being put under, both by increased costs from tarrifs but also from increased fees from the point of sale sites.
For example, Amazon can take up to 60%of the sale price in fees. Etsy can approach 20%, and then you still have shipping costs. For some products like print on demand, there are also fees from the companies that print and ship the products. Profit margins are in the single digit range even before the tarrifs. Few people will want a $75 hoodie with a cutesie saying.
Add to that, the jobs most of these sellers rely on to get healthcare and cover bills are rapidly falling away.
Luckily, I don't need this business for retirement. It was just a fun thing to do to stay mentally busy and make a few bucks. But I can already see the stream of small business tears rising to the river stage.
Passages
(3,986 posts)littlemissmartypants
(31,619 posts)malaise
(292,705 posts)Madness
LisaM
(29,487 posts)At one fell swoop, her business is in serious trouble. She has inventory on hand, but can't afford the import tariffs from France and Italy, where most of the women-owned wineries are based (she's not anti-American wine, but there isn't a huge pool to choose from).
She's had to scale back considerably and cannot afford to protect most of her branding. She's in the process of trying to obtain three trademarks and has had to scale back to one.
Native
(7,294 posts)likely 100% if you round up. Only thing not made in China are some rugs from Pakistan and some small wood items from India.
dchill
(42,660 posts)...and you ain't in da club.
twodogsbarking
(17,574 posts)And everyfuckingotherthing you buy. D.Trump
sinkingfeeling
(57,203 posts)too bad if they go under... says TSF's regime.
Boomerproud
(9,150 posts)Feels like the rest of us eh?