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yeah, I don't buy it either. I haven't seen any major price rises in the products I frequently check out. I'm assuming they're selling stock that's already in t
by square_usual 1y ago
yeah, I don't buy it either. I haven't seen any major price rises in the products I frequently check out. I'm assuming they're selling stock that's already in the US and don't have to pay tariffs on.
- ajmurmann 1y agoI assume this is true as well and am at the same time surprised by it. I'd have increased prices or held on to inventory as soon as I know the tariff rate and I know when it's coming. Even if I bought a laptop for $750 and can now sell it for $1000 the prospect of the market price for it going up to $1,500 or even $2,000 and turning a much larger profit is quite enticing. Maybe prices being fairly stable is a sign of low confidence in the tariffs?
- square_usual 1y agoWell, you'd be betting that people would still be willing to buy at $1,500 or $2,000. When prices go up that much, demand tends to drop, and for what are essentially toys might even go down to 0. So you'd risk holding on to inventory, and with the 90 day reprieve and the market shocks you might be willing to bet that in a few months there might not be tariffs at all.
- crazygringo 1y agoIt's more that you have bills to pay now, and it costs money to warehouse things. Do you have enough cash around to sell nothing for the next two months and keep paying employees and bills? Are you absolutely certain you'll make more than enough profit in the end to offset that? Are consumers going to hate you for it and is that going to harm your brand?