Trump Trade deal

[josmcg]

As Trump nears a trade deal with China (there will be one, Trump has them by the balls, our economy is booming and tariffs are killing them) is anyone worried about the effect on the rep business. One of the major points is the theft of intellectual property. Granted, rep watches are nowhere on Trumps radar, I see this going one of two ways

A) Nothing happens because the rep watch business isn’t Trumps concern

B) China cracks down and raids every factory in a meaningless show of their efforts to comply with intellectual property theft.

Any thoughts???


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[palaufreak]

I think the rep business will be like always.

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[shyreplover]

I think the US is after legitimate companies in China who stole IP.
Rep factories are mostly home industries and underground in nature.
These factories don't pay tax, don't comply with labor law, don't give a shit about waste management law.
They are illegal in China although they are not in the government priority list.
So, it is business as usual.

 

[Doc_Savage]

I see no change in the rep market.

But make no mistake - these tariffs are hurting US companies in a big way.

Doc Savage

 

[Redfoot]

Forgive me if I'm asking a dumb question here but aren't the big luxury watch manufacturers Swiss, not American?

 

[gilrob]

Forgive me if I'm asking a dumb question here but aren't the big luxury watch manufacturers Swiss, not American?

Exactly. It will be business as usual for rep watches going to CONUS.

 

[josmcg]

Forgive me if I'm asking a dumb question here but aren't the big luxury watch manufacturers Swiss, not American?

That is an excellent question. Yes they are. That had not occurred to me.


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[Mike116]

When the US talk of the Chinese stealing ip i would say its the stuff like the stealth jet tech, warships, telecom tech, nuclear and chip manufacturing. The Chinese crack down from time to time on luxury rep goods but that stuff brings in overseas currency so they mostly turn a blind eye