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Price Increases Possible

Discussion in 'News' started by FractalAudio, Aug 22, 2018.

  1. Anthony76

    Anthony76
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    Inspired

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    I think, repeat I think, its a possible 25% increase. There are many companies out there that have warned of this increase due to the tariffs. Apogee is one that springs to mind.

    Cheers
    Ant
     
  2. funny_polymath

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    "Tariff" - Just another word for 'Stealth Tax Increase". Or, if you prefer: they're a hand-dandy way to make inflation SURGE!

    So, someone raised all of our taxes, or, if you prefer, is causing what will soon be massive inflation on everything we buy (since everything we buy is, apparently either made in China or uses Chinese-made parts (and other goodies, like Chinese rare earth metals - which they have a lock on for the entire world market). Get ready for everything at Wal-Mart, Costco, and your local drugstore and supermarket to get quite a bit more expensive once existing inventories are depleted.

    Yep, that 'tax break' that gave me $50.00 (while giving the Koch brothers some $650,000.00), is looking so very special right now...
     
    JustinAiken, Jul and SalazarMcMantis like this.
  3. funny_polymath

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    I would disagree. By giving an opinion that the Chinese are going to 'give up the bluff soon', you are most certainly taking a political stance at least tacitly supporting these tariffs, which end up being a TAX on consumers, working people.

    P.S. The Chinese ain't gonna blink, because there is no 'bluff': they own most of our T-Bills and more - they practically own us. They literally have the power to crush our economy. Trump's David, they're Goliath, and David's slingshot is empty.
     
  4. Wolfenstein98k

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    I'm going to respect the wishes of the owner of this forum, and not delve into politics.

    I'll just offer to you that there's plenty of economic analysts who note China is in a much more precarious position than you may think, particularly surrounding their debt and its serviceability going forward.

    China knows this better than anyone, and they're not silly.
     
  5. YetAnotherOne

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    If you'll all pardon a non-political post in this thread: Thanks to Cliff for giving us a heads up on the potential price increase so we can all act accordingly. I finally got my long-procrastinated order in and would have done so eventually but there's no sense waiting and paying extra if one can see the issue coming.
     
  6. Jeries

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    650 grand?
    They're not spending 20 million a year and upwards 100 million in a single year to save 650,000

    Their company stands to save over a billion per year
    1b-1.4b EACH brother more per year
     
    Zincaplexy likes this.
  7. Wolfenstein98k

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    >The more tax you pay, the more tax you save when there's a tax cut

    Wow, who could've predicted that
     
  8. Kent

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    Even you suspect that you don't know how tariffs and international trade work. I suspect that you are correct to be skeptical of your own wide-ranging claims.

    How would a US Tariff have an effect upon product imported to Germany? That makes no sense unless Fractal tries to offset reduced sales expectations via the EMEA market somehow and the at 'somehow' would probably be beneficial to us.
     
  9. Ole

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    Sorry, but I simply do not understand you question.
    My 2 quotes that you linked are about 2 different things, so I do not understand what you mean.
     
  10. FractalAudio

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    The Axe-Fx III final assembly is done in the US. They are not drop-shipped from China to Germany.
     
  11. Admin M@

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  12. Kent

    Kent
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    Ah, okay. Thanks for the clarity there.
     
  13. OldSnail

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    Just heard yesterday on the TV news (here in EU) that US economy could be not so great and that economists here think that a new economical crisis could arise in 2020.

    I don’t care anymore about Tariff... I’ve received my Axe-Fx 3 :p
     
  14. Shaun Attwood

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    Good Point....Im on the G66 waiting list with a 2-4 week delivery window...:)
     
  15. FractalAudio

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    For now we are absorbing the tariffs for the Axe-Fx III. This basically comes out of my pocket. If the tariffs increase above 25% we'll have to pass that on.
     
  16. Rex

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    How many company owners are going to subsidize your purchase like that?
     
    gittarzann likes this.
  17. Wolfenstein98k

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    Not many, but it obviously depends on their margins (and all sorts of competing pressures). I think this is a sensible choice because I don't think the tariffs will be an issue for much longer - they're certainly not a long-term policy.

    Very courageous move by FAS though.
     
  18. APOGEE123

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    Alot of companies are pulling out of China..I'm sure Trump will get a deal though.
     
  19. FractalAudio

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    Ugh. Now there's state sales tax we need to collect. A bunch of states now require sales tax on internet purchases.
     
    pima1234 likes this.
  20. Toopy14

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    Is that as a result of the new trade agreement or some other change? We already have that in Canada. Online vendors collect the tax for the province you are from, which in my case is 13%.

    I know you already collect taxes for purchases from Canada. Apparently that's supposed to be less on some items, due to the agreement. Not sure on what items though or how much less.
     

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