Impact of Tariffs on Audio Market


Some insight into the Audio Market and Tariffs


https://www.audioholics.com/editorials/tariffs

jfrmusic

Buy domestic.

As if the overseas parts that go into these domestic offerings won’t be impacted... 

A distribution chain around earth is more complex than an audio system...

Most dont understand how to install an audio system...

 Then they dont even "see" what is a distribution chain  complexities under disturbances...

 Also this tariff game is not a game it is a real war already in place ...

Audio is the last of my thought here...

"Those who do not remember History are doomed to repeat it" - George Santayana 

@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.

 

the prior administration raised the original Trump tariffs another 25% in 2021/22.

He did NOT. It's a lie. Any raise was largely symbolic and selective on products that did not affect consumers. 

It's impossible to argue with facts that aren't.