There are certain effects of tariffs and trade wars that are undeniable, and therefore not political. The political question is whether the negative effects of these tariffs are outweighed by a positive benefit, and I wouldn’t try to argue that either way, no one will change their mind.
it is undeniable, however, with these high tariffs and the counter measures that will be taken by our trading partners will significantly increase the cost of high-end Audio equipment. The other less talked abouteffect, but also a clear one, is that tariffs and the stock market have an inverse relationship. Every time Mr. Trump talks about raising tariffs the stock market tanks. If this continues, the reversal of the “wealth effect“ that we have enjoyed after the last couple of years of a great stock market will most certainly mean fewer people in the market for luxury goods. So we have the prospect of much higher prices and fewer buyers in the market. If those conditions prevail for any length of time, not a great time to be in the business of selling high-end Audio stuff.
