Tariff Loophole or Not: Buying Directly From Chinese Manufacturers
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What is the main topic of this episode?
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But why Hermes will charge you 38,000 USD for one bag? That's because more than 90% of the price is paid for its logo. But if you do not care about the logo, you just want the same quality, same material, you can just buy from us.
If you haven't seen this or similar videos going around X or TikTok, there's a ton of viral videos taken by people claiming to be factory workers in China, saying that they're the ones who really make your Hulu lemon leggings or your Birkin bag. And they'll send them to you directly for a fraction of the price. Here's another clip from the video.
This Birkin bag at Hermes boutique will cost you 38,000 USD. But what is the real cost out of the factory? Today, the cost of French artisans is much more expensive than Chinese artisans. To finish one bag, the human resource cost will be 600 USD per package. Now, this is not that expensive. It's 10 USD. So now, to sum those up, the total cost will be 1,400 USD for one Birkin out of factory. But why Hermes will charge you 38,000 USD for one bag? That's because more than 90% of the price is paid for its logo. But if you do not care about the logo, you just want the same quality, same material, you can just buy from us. Because for our bags, we use exactly the same material, same leather, same hardware, same edge oil.
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Chapters
7 chapters
1
What is the main topic of this episode?
0:00–6:14
2
Can you buy directly from Chinese manufacturers?
6:14–9:18
3
What are the implications of the US-China trade war?
9:18–13:00
4
Is it safe to buy luxury items directly from factories?
13:00–14:54
5
What should consumers know about counterfeit goods?
14:54
6
How do tariffs affect consumer choices?
9:42
7
What are the risks of buying from viral videos?
7:27–15:31
Speakers
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