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Forum topic by Rolle2259 posted 07-10-2018 06:35 PM 763 views 0 times favorited 9 replies Add to Favorites Watch
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Rolle2259

4 posts in 649 days


07-10-2018 06:35 PM

Topic tags/keywords: china tariffs grizzly

Went to Grizzly today to order a planner and was shocked at the price increase. Grizzly is now adding 25% to some products because of the China tariffs. I am not willing to pay the extra 25%. Are the tariffs going to effect you from purchasing equipment from China.


9 replies so far

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MrRon

5440 posts in 3605 days


#1 posted 07-10-2018 06:50 PM

Wait a while and the tariffs will slowly go away. It is in the interest of both countries to eliminate tariffs in order to realize free trade. Ultimately, a zero tariff will be a worldwide goal, where everyone will benefit. Once tariffs even out , we will see better quality products coming from China and others as well. A country’s economy will dictate the price of goods they produce.

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CaptainKlutz

1236 posts in 1856 days


#2 posted 07-10-2018 09:08 PM

There are several other threads on the trade tariffs, why start a new one?

-- I'm an engineer not a woodworker, but I can randomly find useful tools and furniture inside a pile of lumber!

View Jim Jakosh's profile

Jim Jakosh

22530 posts in 3468 days


#3 posted 07-12-2018 01:35 AM

I’m thinking that is going to happen all over. We have been lucky we got the stuff so cheap this long. I know a lot of people don’t like the idea of the tariffs, but it will even the playing field and put our folks to work on an fair level with other countries. The solar industry is almost wiped out here in the USA from China dumping their solar panels on us to eliminate all the competition in our country. I paid the big bucks when I bought my panels because they were made by Suniva from Saginaw Michigan and they had just gone out of business!!

I’ll still buy the Chinese stuff if it is good product..even at the higher cost until American stuff returns to the market place.

Cheers, Jim

-- Jim Jakosh.....Practical Wood Products...........Learn something new every day!! Variety is the Spice of Life!!

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ArtMann

1365 posts in 1178 days


#4 posted 07-12-2018 02:20 PM

A tariff of only 25% isn’t going to resurrect the dead US woodworking equipment manufacturing industry. US manufacturers can’t compete, even with this huge advantage. If I buy new woodworking equipment, it will still be Taiwanese or Chinese. The only difference is that the Federal government is collecting what amounts to s 25% sales tax.

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Gerald Thompson

1195 posts in 2597 days


#5 posted 05-15-2019 11:46 AM

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Desert_Woodworker

1771 posts in 1576 days


#6 posted 05-15-2019 01:16 PM



https://www.americanthinker.com/articles/2019/05/trumps_china_tariffs_will_succeed.html

- Gerald Thompson

Interesting article…

-- Desert_Woodworker

View DrDirt's profile

DrDirt

4549 posts in 4104 days


#7 posted 05-15-2019 01:39 PM

If your PRICE went up 25% that is Grizzly taking the opportunity to squeeze extra money from you. The Tarriff is based upon the unit COST, not the ‘proposed retail sticker price’

Many industries have “keystone” pricing.. so the manufacturer makes something for 50 and sells to the distributor for 100, and the distributor sells to the consumer for 199.99…..

The tariff should have been 25.00 (25% of the 100 dollar cost)…. if the distributor is selling now for 250 (adding 25% of retail) he is pocketing the extra 25 bucks.

-- “The two most important days in your life are the day you are born and the day you find out why.” Mark Twain

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Desert_Woodworker

1771 posts in 1576 days


#8 posted 05-15-2019 11:58 PM

“Of the nations that have risen to economic preeminence in recent centuries — the British before 1850, the United States between 1789 and 1914, post-war Japan, China in recent decades — how many did so through free trade? None. All practiced economic nationalism.”
Pat Buchanon

-- Desert_Woodworker

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Desert_Woodworker

1771 posts in 1576 days


#9 posted 05-16-2019 02:49 AM



If your PRICE went up 25% that is Grizzly taking the opportunity to squeeze extra money from you. The Tarriff is based upon the unit COST, not the proposed retail sticker price

Many industries have “keystone” pricing.. so the manufacturer makes something for 50 and sells to the distributor for 100, and the distributor sells to the consumer for 199.99…..

The tariff should have been 25.00 (25% of the 100 dollar cost)…. if the distributor is selling now for 250 (adding 25% of retail) he is pocketing the extra 25 bucks.

- DrDirt


+1

-- Desert_Woodworker

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