Tariffs and sky high audio prices.


With the Chinese tariffs taking hold on 100% of the imports and maybe even on Mexico forthcoming, the audio industry is going to see another big jump in their sky high prices. Anyone making purchases ASAP to get lower prices from existing inventory before post tariff products enter the marketplace?
tubelvr1
mapman“trade wars are good, and easy to win”

I do not understand the lack of faith, support, and confidence shown by presumably Americans in this thread about they're own Chief Executive (President) who is demonstrably shown through direct evidence to be the most successful Chief Executive (President) the USA has ever had one need only examine his many buildings, clubs, and facilities to see proof of this fact. Some "critics" say but what about his bankruptcies or he doesn't pay taxes but these tools, mechanisms, and provisions are part of the American business system and Trump has wisely, expertly, and successfully used these tools and if he thinks trade wars are easy to win I would expect Americans to have faith in his abilities to plan, complete, and execute his winning strategy as he has his other pursuits, endeavors, and initiatives. 
Still a good thread even though the guy that cuts my grass chimes in from time to time.

As I have stated earlier, I have a system made up of components from all over the world. Not 1 USA product can I say, with a high degree of confidence, is COMPLETELY made of USA made components. My speakers are made in Brooklyn USA. I do not know where the wood or the glue is sourced. The equipment to work the wood, the stain, the lacquer, I have no idea. The internal wire, I don't know. A USA made wire from raw materials mined from where, I don't know. The drivers I'm pretty sure are Scandinavian.

We need to understand the breadth and depth of the proposed tariffs to truly understand the potential impact.



@jonasandezekiel


Unfortunately, I do have a small amount of exposure to the political process. While I've never served in office or a governmental role (thank you very much), I've sat at large round tables and exchanged ideas with alot of really bright people from both sides of the aisle over the years. I came away each time with a deeper understanding of the complexities and intricacies these people face on our behalf. I can say with extreme confidence that in the overwhelming majority of issues discussed, really smart people can and do honestly arrive at opposing conclusions with the same data. I don't doubt anyone's motivations but it sure boggles the mind when certain things seem so obvious. Much like audio.
@clearthink if you were looking to hire someone to run your company would you hire someone that lost the most $$$$ of any American on his other business adventures? I think not.
What about all those other smart people in years past who were also successful business men? Not to mention all those out there in other countries today who avoid trade wars? Those in the USA who have not lost as much as Donald Trump? Which according to known tax docs to-date is apparently, uh, everyone?

Confidence? Surely you jest?

We’ll see....

Again, there will not even be endless lawyers and lawsuits to back him up in this one, not that those prevented his past failures that pretty much everyone else who did business with him paid for except him.

He’s top notch at selling himself and his brand, I will give him that!  But I don't think most of our major trade partners these days are very impressed.

rsf507
 "if you were looking to hire someone to run your company would you hire someone that lost the most $$$$ of any American on his other business adventures? I think not."

You fail to comprehend or understand the nature of taxes, financial statements, and P&L calculations the losses you mention are "paper losses" calculated to provide maximum benefit to the Trump organization which is the responsibility of the CEO to secure on behalf of the company these tools, mechanisms, and provisions are part of the American business system and Trump has wisely, expertly, and successfully used these tools.