Author Topic: Trump Tariffs  (Read 1668 times)

Offline GoWestRob

  • !!!
  • Sr. Member
  • ****
  • Posts: 341
Trump Tariffs
« on: October 19, 2018, 06:51:21 PM »
We're doing some 2019 pricing for one of our clients and they asked if any of our shirts would be subject to the 25% Chinese tariff that hits in 2019.  I looked around but couldn't find much info about it out there.  Do you guys have any thoughts on the Tariff stuff?  I'm guessing it will only be goods that are made in China, and maybe Next Level and anyone else that manufactures there will be scrambling to shift purchasing to other factories that can keep prices cheaper, so maybe there is not enough info out there yet.  But any info you guys have about which brands and which types of goods will be affected by the tariff would be helpful.  Thanks guys.


Offline brandon

  • Gonzo Member
  • ******
  • Posts: 1709
Re: Trump Tariffs
« Reply #1 on: October 19, 2018, 07:27:57 PM »
As of right now you have nothing to worry about. We do a lot of cut and sew with our friends overseas in several countries. So far it is China only and it is for zippers, hang tags, drawcords stuff like that. Basically what goes into the final product but not the final product itself. If that happens then Walmart and those box stores raise the prices 25 percent and then the current administration faces public outrage. So we are all fine for now

Offline repogolfer

  • !!!
  • Full Member
  • ***
  • Posts: 134
Re: Trump Tariffs
« Reply #2 on: October 19, 2018, 07:49:13 PM »
I've received only one email from vendors regarding this so far and that has been from Richardson caps...they said a price increase was coming because of these tariffs.

Jon

Offline whitewater

  • !!!
  • Gonzo Member
  • ******
  • Posts: 1841
Re: Trump Tariffs
« Reply #3 on: October 20, 2018, 12:22:46 PM »
I've received only one email from vendors regarding this so far and that has been from Richardson caps...they said a price increase was coming because of these tariffs.

Jon

its a good way to raise prices even if its not true and it does not affect them.

Offline balloonguy

  • !!!
  • Hero Member
  • *****
  • Posts: 991
Re: Trump Tariffs
« Reply #4 on: October 20, 2018, 02:05:02 PM »
I have a friend in the elevator business. He was told by corporate that they will be raising all prices due to the tariff. He asked why. Apparently it really will not effect them. The answer was "because can and people will blame trump". I fear that we may all face price increase for the same reason.
When you dig grave will you make it shallow so that I can feel the rain?

Offline Gilligan

  • !!!
  • Ludicrous Speed Member
  • *******
  • Posts: 6853
Re: Trump Tariffs
« Reply #5 on: October 20, 2018, 03:38:18 PM »
I've received only one email from vendors regarding this so far and that has been from Richardson caps...they said a price increase was coming because of these tariffs.

Jon

its a good way to raise prices even if its not true and it does not affect them.
Just like aca and the insurance companies.

Raise rates and blame someone else.

Offline zanegun08

  • Hero Member
  • *****
  • Posts: 688
Re: Trump Tariffs
« Reply #6 on: October 20, 2018, 04:43:30 PM »
I've received only one email from vendors regarding this so far and that has been from Richardson caps...they said a price increase was coming because of these tariffs.

Got that email, if Richardson gets anymore expensive I don't know if I'll be able to sell it.  They may be the only "wholesale" company that has 100% or more markup.

Nice hats though.

Offline Croft

  • Hero Member
  • *****
  • Posts: 875
Re: Trump Tariffs
« Reply #7 on: October 22, 2018, 09:00:34 AM »
for us north of the border I have seen some increases, oddly on spray tack adhesive. Haven't got any prices on new presses but have wondered if there will be higher costs there?

Offline royster13

  • !!!
  • Gonzo Member
  • ******
  • Posts: 1975
Re: Trump Tariffs
« Reply #8 on: October 22, 2018, 09:29:12 AM »
Plastic Cups, Playing Cards, Pens and Postcards "Made in the USA" now all have a 10% tariff added when imported into Canada....

Offline RICK STEFANICK

  • Gonzo Member
  • ******
  • Posts: 1925
  • INDUSTRY CONSULTANT-OPERATIONS SPECIALIST
Re: Trump Tariffs
« Reply #9 on: October 22, 2018, 11:33:50 AM »
I think we will see a Price increase from all Equipment suppliers 10-15 percent by early 2019
Specializing in shop assessment's, flow and efficiency