Michaels HiFi
Well-known member
Truth.
I've received at least three emails from distributors in the last week saying they will NOT be raising prices.
It's amazing how this simple concept of RECIPROCAL is beyond the grasp of many.
I didn’t think anything would replace my Aurender…
- Thread starter Mike
- Start date
I've received at least three emails from distributors in the last week saying they will NOT be raising prices.
It's amazing how this simple concept of RECIPROCAL is beyond the grasp of many.
The tariffs are NOT reciprocal. It has been confirmed by this administration that they are based on trade deficit, nothing else.
This is why you see 94% on Lesotho, a poor contry in Africa, with GDP of ~$500, one of the poorest countries in the world, which happens to sell diamonds to the US (and has basicly no money to import anything from the US).
Or Madagaskar selling vanilla.
BTW - according to WHO, weighted avg. of tariffs in the EU on US goods is ... 1.2%.
I'm affraid this will only be true as long as they have stock imported before tariffs. To get the full picture, you have to wait 6-8 months.
- Thread Author
- #24
Let’s hope this tariff stuff doesn’t last that long. See you in a few days!
SoundStage
New member
All the dealers and company reps I've spoken to about this situation say they would love to weather the storm and keep pricing flat... but can only do so for so long. Once current inventory is sold through, I suspect we will see increases, no matter the best intentions of the dealer/manufacturer.
Same fo US manufacturers. Given 90% of small electronics components (resistors, caps, transistors, ICs) are made in China nowadays, 54% tariff that the administration slapped on China imported goods, will make the price of the final product go up.
Same for aluminum, steel, copper etc. that US manufacturers source from Canada and other countries.
IMO everyone still hopes that someone at the administration will come to the senses.
Same for aluminum, steel, copper etc. that US manufacturers source from Canada and other countries.
IMO everyone still hopes that someone at the administration will come to the senses.