Hello all. So, what we have here is, as in all things in life, there are 3 opinions... “3 sides to the coin”.
Tariffs: the “tax” will be levied and Americans will pay it, OR the Chinese will pay it, OR it will be shared.
Tariff policy: the policy/strategy is brilliant, OR it is not brilliant at all, OR it is random and made up on the fly.
World standing: this episode will raise and enhance our profile internationally, OR it will erode and minimize our profile, OR it is benign.
To bring my rhetoric back to the center, I certainly believe Americans will pay the tax, the strategy is ill-conceived (it appears spontaneous actually) and I believe our international profile when evaluated in conjunction with our behavior with our friends (bash Canada and England sporadically) and our adversaries (N Korea, Russia) it will take a concerted effort by leadership and diplomats going forward to heal the damage. Thats provided others even want to dance with us anymore. Add to that that some of the genius negotiating going on is being sprinkled with a little post deal renegotiating on our end (if the NYT is to believed about the deal with Mexico actually being done weeks ago) which is never good. People begin to expect that a deal is not a deal and nothing is ever final. We have a history we would like to shake (treaties with native American tribes for instance) so that will enter the minds of trading partners more prominently.
So, how would the above affect audio? There will be little, if any, predictability or advance notice on the next tax/tariff. The flow of goods will also be sporadic and unpredictable should the rifts deepen. The price of in stock gear will rise and the supply of new gear with the potential for disruption or embargo will make then nervous too and they may actually stock up. Then, should the disruption to new supply not materialize, there may be sales with price reductions to clear it out. Also, depending on how deep the trade rift becomes, it may involve parts tariffs which will affect every manufacturer everywhere and could materially harm American manufacturers using internationally sourced parts. Of course, this will bode well for used gear maintaining its value with the potential of appreciation. Sort of like the car program “cash for clunkers” establishing a floor to used car pricing.
Let’s not kid ourselves though, this is home hifi and its an industry that at best is a rounding error in any conversation about any topic.of course, there may alternative truths...who knew that was a thing?