Impact of Tariffs on Audio Market

You keep believing what you believe @gano The fact remains and hell you though COVID came from a wet market. I will leave you to your dystopian view of the world.

Laughable.

A word to the wise that some members here would like to argue, and then cause this thread to be deleted. 

@toro3 I work for a global manufacturer, we have plants in China, Taiwan, Japan, Korea the USA, France, Poland, Germany and Romania. We also source components from the UK, EU and India. We bring components from vendors and our plants globally to assemble engineered products in the USA and Mexico, India, EU.

Our price increase due to tariffs was weighted at 9.8% for all lines and channels.   Looks as if many are gouging, or do not know how to amortize these costs across their product lines.  We know exactly what our costs are and what the impact of these tariffs were going to have on our COGS.  We are a $5B a year mid cap company and a global leader in our industry segments. We raised our quarterly dividend marking 12 years of increases. All this while managing tariffs and costs to remain competitive and profitable.

@mahgister the sky is not falling and this will pass. It is not a war, stop being so dramatic.

Build 100% in China you will be spanked with 145% tariffs. Funny none of you complained when the prior administration raised the original Trump tariffs another 25% in 2021/22.

@gano and you believed COVID came from a wet market and Faucci was right.

You believe in nothing.

@goodlistening64 I placed an order last Friday for 8 LP's from the UK (not ebay) and they arrived today no tariff either.

I have had a preamp held up in Canadian customs for 3 weeks now, I truly just think it's because it is Canada and they tax me if I bring 20 pieces of technical literature into their country.

I had purchased some music from the UK a little over a month ago from a company I have purchased from before. Usually it takes an extra week but still not here. I have a message from eBay stating the package is - like many - being held up in customs. 

@goodlistening If you were well capitalized and a forward thinking business person you would have laid in stock orders for hi-fi gear to beat the tariffs. We all knew they were coming the moment Trump  announced. I did the same thing with Russian Tubes when Russia rolled the tanks into Ukraine.

The secondary market is going to boom and many smart sellers are taking advantage of the tariff’s and the uncertainty it brings to the uneducated consumer.

I for one am not a fan of the tariff’s I understand goal and I resent the additional work it has created managing a portfolio of $250M in products (sales).

@nonoise I know that and CHINA is the reason for 145% tariff''s. Did you work for the government? USAID?