I am curious what the effect will be on the yo-yo market? Will this mean an upcoming period of no new yo-yo’s due to exporters waiting for changes in the rate? Or, will we see price increases in the upcoming year?
Unless the President adds yo-yo’s to the list of exceptions, it seems that disruption of some sort is on the horizon. Any guesses or even facts from manufacturers/sellers?
Are the tools and supplies made in the us? The day to day stuff to keep the lights on? Everyone will be affected. Everyone, every thing. They are trying to damage the wall by crashing our car into it.
Even companies who import nothing will be paying higher prices for their domestic supplies. Worst case, those supplies will be priced out of reach or just completely depleted.
fradiger
(the world is a beautiful cat and i must meow meow meow)
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I posted it, it got closed/nuked because people got off topic..
with the current tariff numbers I think companies trying to compensate for it by increasing their prices will not find a ton of success
i think it’s important to also note de minimis is going away, so prototyping will be significantly more expensive (I know I personally paid $80 a unit for a run of 5 prototypes when I wanted to try out a design, with tariffs that would just.. not be feasible or wise).
also, i would imagine even the prices for an end to end american-supplied/produced company like onedrop would go up as well, because there will certainly be more demand for american aluminum (since filling demand for something like aluminum takes some lead time to build the necessary infrastructure), likely leading to a price increase (though this is purely speculation on my part)
Shawn Nelson from One Drop posted on a similar thread on the FB BST that last time tariffs were enacted the prices they were paying for aluminum (domestic) doubled overnight
Pretty sure I read a post they made on Reddit talking about it, and said that yeah prices are going to increase since prices also had to increase back in 2017 with the tariffs on aluminum and steel. Literally no one but big companies win with these tariffs, this
sucks
Appreciate you bringing awareness to this. Too many people I see are just imagining that because it’s manufactured here that somehow it’s better overall? Like it literally doesn’t make anything cheaper, and people fail to realize that just because someone manufactures something, doesn’t mean the materials and machinery they use are also imported
One Drop sources their aluminum stock from USA suppliers yes, but I wonder if the very raw materials before they are turned into the round stock is also sourced in the US. I imagine the suppliers import the raw materials from other sources and then smelts it into the round stock. If that’s the case then the pricing will go up inevitably.
Currently, as things stand, the age of anyone being able to hire a designer to draw a CAD for them and then have FPM machine it is on standby as we wait to see what will happen with the tariffs. 145% is an insane tariff and boutique companies cannot afford that pricing.
That is why concern. So many boutique companies depend on this manufacturing. They will likely delay as long as possible; hoping that the tariff rate will change. At some point they will have to make a decision. Import and increase prices, or not import and forgo new releases. Either way, consumers will feel the pinch.
I really just wanna emphasize again, man if not for the tariffs from back in 2017 and now… Man we could’ve had high end premium yoyos for like $70 not $140
There’s almost no way for this not to affect even US-made products, at least in the short term. Demand will be greater for those goods, and like SlowThrow said, even U.S. based companies rely on some non-US products. For better or worse, the economy is a globally connected fabric in this age.
Like I said in the last thread though, I believe most of the tariffs will be temporary (which we are already seeing as numerous countries are coming to the discussion table or have already lowered their tariffs on the US). How the one on China plays out is tough to say, but we’re all speculating at this point anyway. At the very least, I’d expect it to take a while for the plan’s intended effect on US-China relations and the US economy to come to fruition (if it does). I’m not going full panic mode just yet, but I do understand the concern from small businesses in the meantime.