Organized Money The Tariff Doomsday Scenario
24 snips
May 1, 2025 
In this engaging discussion, Molson Hart, an entrepreneur and toy company founder, delves into the significant impact of new 145% tariffs on Chinese imports. He shares firsthand experiences from the manufacturing floor, revealing how these tariffs disrupt supply chains, risking layoffs in ports and warehouses. The conversation highlights strategic shifts toward production in countries like Vietnam and Indonesia, and contrasts current economic uncertainties with the pandemic's effects. Hart emphasizes the need for reevaluating supply chain dependencies and fostering U.S. manufacturing resilience.
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Molson's Factory Assembly Experience
- Molson Hart worked in a Chinese factory assembly line despite language barriers.
- He experienced the intense, precise labor to understand factory work challenges firsthand.
Tariffs Halt US-China Shipments
- The 145% tariffs have effectively stopped US-China trade, causing shipments to halt.
- This leads to layoffs in ports and warehouses before consumer shortages become visible.
Shift Production Outside China
- Shift production to countries like Vietnam and Indonesia to avoid 145% tariffs on Chinese imports.
- This approach can maintain inventory levels and reduce risk of total shutdown.