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China Tariffs

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Forum topic by Rolle2259 posted 07-10-2018 06:35 PM 531 views 0 times favorited 4 replies Add to Favorites Watch
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Rolle2259

4 posts in 464 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.


4 replies so far

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MrRon

5150 posts in 3421 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

535 posts in 1672 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

21552 posts in 3283 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!!

View ArtMann's profile

ArtMann

1110 posts in 994 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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