"Those who do not remember History are doomed to repeat it" - George Santayana
Impact of Tariffs on Audio Market
Some insight into the Audio Market and Tariffs
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- 106 posts total
@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.
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“So save your money and buy domestic.” I repeat my previous question: In the meantime, does anyone know where I can buy a U.S. made 5V r-core external power supply with quality parts for $115 including all sales taxes and shipping? Or for two or three times that much? If you find out, please let me know. Thanks, kn
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- 106 posts total