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
Econ 101. Terrifs are no good for anyone or any country.
The consumer will get the costs passed on to them.
Like it or not,  it's a World economy. During the recession we all felt it. US,China, Europe, Japan. If the world economy is strong, we all benefit.
If you're such a great deal maker, then make a deal to solve the problem.  Then I don't have to worry about my audio equipment prices trippling because it's made of aluminum. 
Thankfully none of you guys are running the country. Electronics you know, politics you don't.
@snapsc. Yes, most certainly KEF and other speaker manufactures would have to have either higher prices or lower profit margins if they moved production to higher labor cost locations. Look at the price difference between KEF's made in the UK Reference line and the rest of their products. No doubt Uk manufacturing costs are a part of that difference. 

Consumers want the highest quality and greatest product diversity for the lowest possible price. In our own little audio corner of the retail universe, witness the constant carping about "rip off" prices of boutique audio gear with low production volume and high labor costs. The market has responded by giving people what they want by chasing the lowest possible labor costs. 

Limitless pursuit of that principle has proven to be a bit of a Faustian bargain as far as the social implications though. In the Western world, we've got ever increasing product diversity and a downward trend in the number of middle income people to support the market. 

It will be interesting to see how the ripple effects from the use of tariffs plays out with people already stretched to the max and struggling to get by. We as a nation aren't accustomed to personal sacrifice in the interests of long term goals. 
+1 Strikeeagle

“trade wars are good, and easy to win”

Trump knows best?

Lawsuits can't help with international economics and politics..
Well, the new Village People trade policy (USMCA) has resulted in around 10% more trade imbalance (the wrong way). So far, so good?
Can't wait for the loss of small businesses and the cascading effects if and when the Mexico tariffs go into effect. 

Big businesses can absorb immediate hits but the mom and pop shops can use the thoughts and prayers approach and see how it works.

All the best,
Nonoise