34 sats \ 0 replies \ @OgFOMK 17 Jul \ on: Online retailer Temu sued...by Walmart? or the Attorney General of Arkansas? conspiracy
One thing to consider regarding Chinese goods. No Agenda covers this in some previous episodes. When companies request Chinese manufacturing sometimes the business in China will agree to do a run of items say, 20,000 and the order is fulfilled but the company may produce another 20,000 if they think the product has legs for the market. This would be how one might get cheap stuff at insane prices because the manufacturer has already charged the client for the factory operation!!! That means raw materials, too!
Now what is funny about this they never jack up the price because it is all profit.
My take on this is that American manufacturers want to save money in labor and the factory wants to save money in profit. Both parties may even know about this.
So, if we insist on buying cheap crap there will be a market for this.
Walmart may be suing because they products they agreed to pay for in bulk are cheaper via retail and they want a piece of the action. Arkansas doesn't have the Clinton Cocaine Cartel so they need a different line of money.