Exciting News – Got my 1st Tariff Surcharge Notification

  • jimmysiewert
    Posts: 623
    #2323549

    Thought I would share my exciting news that I received my first “Supplier Tariff Surcharge” letter of 3%. I am sure everyone here is also excited that soon this exciting news will be passed on to our excited and great customers. Nothing better than win-win (I mean lose-lose) deals.

    Bearcat89
    North branch, mn
    Posts: 22204
    #2323552

    Yeah, you’ll get that on those big jobs.

    grubson
    Harris, Somewhere in VNP
    Posts: 1906
    #2323554

    What did you buy?
    There are no tariffs on domestic goods. If you bought it here it would have been a win win.

    supercat
    Eau Claire, WI
    Posts: 1439
    #2323555

    Thought I would share my exciting news that I received my first “Supplier Tariff Surcharge” letter of 3%. I am sure everyone here is also excited that soon this exciting news will be passed on to our excited and great customers. Nothing better than win-win (I mean lose-lose) deals.

    Really got to beat a dead horse. I work in the construction industry and cost go up 5-10% whenever they feel like it. Enough with this!

    fins
    Posts: 273
    #2323557

    Steel and aluminum tariffs went into effect yesterday. The good old days are here hopefully to stay.

    Eelpoutguy
    Farmington, Outing
    Posts: 11109
    #2323559

    Just received a notice from my stairlift supplier.
    They will not pass on the 25% but will add a 8% surcharge.
    What a bunch of dinks.
    BUT – this increase will put their pricing higher than my American supplier so put a W in the DT column.

    As mentioned in our communications last week, the imposition by the United States government of a 25% tariff on imports to the USA from Canada and Mexico will be impacting many businesses, including Savaria.

    In order to minimize disruption to your business, Savaria, as the initial importer of products for the American market, shall bear the cost of the 25% tariff. However, we will be adding a surcharge of 8% across the board on all parts and products for our U.S. dealers.

    We are working tirelessly to mitigate the impact of these new tariffs in an effort to avoid any further price increases. While we would prefer not to have any price increases, we ask for your understanding in partnership at this time and we are hopeful that the surcharge is a temporary measure

    jimmysiewert
    Posts: 623
    #2323560

    All your answers are easy – until they are not deep down. A Little manufacturing 101. Many suppliers we buy from are domestic. We (and this is majorly holistic) buy domestically. BUT – many of their material components (not necessarily all) come from overseas for good reason (maybe cheaper; maybe can’t get in US).
    These are not “big jobs” – but commodity products you all use. PS: this surcharge we got from this supplier will also affect all your fishing gear/tackle starting soon.
    And I am just stating a fact of our first surcharge letter. Maybe I am just trying to “help” all be proactive and tighten their personal finance belts – because this will hurt, not help, a lot of our fellow citizens. It is called empathy.

    Joe Jarl
    SW Wright County
    Posts: 2244
    #2323561

    Really got to beat a dead horse. I work in the construction industry and cost go up 5-10% whenever they feel like it. Enough with this!

    Ditto! Pretty sure the horse is dead. We’ve received more price increase notices than I care to count over the last 5 years.

    Bearcat89
    North branch, mn
    Posts: 22204
    #2323563

    All your answers are easy – until they are not deep down. A Little manufacturing 101. Many suppliers we buy from are domestic. We (and this is majorly holistic) buy domestically. BUT – many of their material components (not necessarily all) come from overseas for good reason (maybe cheaper; maybe can’t get in US).
    These are not “big jobs” – but commodity products you all use. PS: this surcharge we got from this supplier will also affect all your fishing gear/tackle starting soon.
    And I am just stating a fact of our first surcharge letter. Maybe I am just trying to “help” all be proactive and tighten their personal finance belts – because this will hurt, not help, a lot of our fellow citizens. It is called empathy.

    I feel like you’ve said this before, oh yeah like 50 times in 10 threads. Life will go on. And it’ll be a ok. We’ve been just bombarded with massive inflation the last 4 years. Where were your complaints then? At least we can buy lumber these days. Not long ago we couldn’t and the cost of a sheet of ply wood was near 80 bucks.

    You’ll get that on the big jobs is what i say to my guys when they start whining at work about tasks they don’t like doing. Or when they don’t get their way. Same with when my kids say it’s unfair. Yeah, you’ll get that on those big jobs.

    Greg Krull
    South Metro / Pool 4
    Posts: 302
    #2323565

    And I am just stating a fact of our first surcharge letter. Maybe I am just trying to “help” all be proactive and tighten their personal finance belts – because this will hurt, not help, a lot of our fellow citizens. It is called empathy.

    Not at all your intentions for this thread. And you know it.

    Stanley
    Posts: 1220
    #2323566

    Our paint went up 8% under Biden and insurance reimbursement went up 1%. Guess who eats that? Not the customer but us the shop. What about the record inflation we saw the last 4yrs that affects everything we buy?

    jimmysiewert
    Posts: 623
    #2323567

    <div class=”d4p-bbt-quote-title”>jimmysiewert wrote:</div>
    And I am just stating a fact of our first surcharge letter. Maybe I am just trying to “help” all be proactive and tighten their personal finance belts – because this will hurt, not help, a lot of our fellow citizens. It is called empathy.

    Not at all your intentions for this thread. And you know it.

    Please do some self reflection. You have no idea who I am and what I stand for. And yes – these tariffs are going to hurt a lot of people sadly. And for all those so concerned on my intent, you are the first to give your opinions – but chastise not only some of my opinions – but facts also.

    CaptainMusky
    Posts: 24734
    #2323568

    What about the record inflation we saw the last 4yrs that affects everything we buy?

    How convenient some forget this fact. At least the news yesterday says inflation has dropped recently which is definitely good for consumers.

    smallie83
    Posts: 132
    #2323571

    <div class=”d4p-bbt-quote-title”>supercat wrote:</div>
    Really got to beat a dead horse. I work in the construction industry and cost go up 5-10% whenever they feel like it. Enough with this!

    Ditto! Pretty sure the horse is dead. We’ve received more price increase notices than I care to count over the last 5 years.

    I think what he’s getting at is we were promised these price increases would not only stop, but that prices would go down.

    Jimmy
    Posts: 236
    #2323573

    The logic here is so elementary its laughable. “Biden sucked so its ok for Trump to suck”.

    Joe Jarl
    SW Wright County
    Posts: 2244
    #2323578

    I think what he’s getting at is we were promised these price increases would not only stop, but that prices would go down.

    I think anybody who really thought prices would begin falling on day one regardless of what DT said weren’t being honest with themselves. The reality is, whether we like it or not, all we can do is see what happens. Hence the “beating a dead horse” comment. Control of congress is up for grabs in 2 years. Pretty safe to say if the economy is in shambles and people are suffering you will see another shift.

    Rodwork
    Farmington, MN
    Posts: 4008
    #2323593

    Mabey I looked up the wrong information or don’t understand. Are we complain about 3% when we have been seeing 8% in the years past? Wasn’t inflating at 1.4% when Trump left office the first time? How long did it take to get inflation down to that number?

    smallie83
    Posts: 132
    #2323594

    <div class=”d4p-bbt-quote-title”>smallie83 wrote:</div>
    I think what he’s getting at is we were promised these price increases would not only stop, but that prices would go down.

    I think anybody who really thought prices would begin falling on day one regardless of what DT said weren’t being honest with themselves. The reality is, whether we like it or not, all we can do is see what happens. Hence the “beating a dead horse” comment. Control of congress is up for grabs in 2 years. Pretty safe to say if the economy is in shambles and people are suffering you will see another shift.

    I know it sounds shocking, but there are people out there believing every literal word these politicians say. So yes, I had people arguing with me that prices for gas and groceries would literally be coming down the first week. I also know someone who has already planned what to do with his Doge check. People are very gullible.

    fins
    Posts: 273
    #2323595

    I don’t get why people are so up and arms about the tariffs? Why would we ever give other countries a break for dumping all their crap on us? It’s about damn time they start to pay. Things might be a little more expensive in the short term but it’s a small price to pay to reap the rewards and benefits when all of this comes together and we aren’t dependent on foreign countries. I’ll gladly pay a little more for stuff when my yearly income skyrockets because everyone isn’t buying cheap garbage from other countries just so the can make a bigger profit and gouge the consumer.

    smallie83
    Posts: 132
    #2323597

    I don’t get why people are so up and arms about the tariffs? Why would we ever give other countries a break for dumping all their crap on us? It’s about damn time they start to pay. Things might be a little more expensive in the short term but it’s a small price to pay to reap the rewards and benefits when all of this comes together and we aren’t dependent on foreign countries. I’ll gladly pay a little more for stuff when my yearly income skyrockets because everyone isn’t buying cheap garbage from other countries just so the can make a bigger profit and gouge the consumer.

    I have no problem with tariffs in general, but how many companies are going to bring back manufacturing or make investments in infrastructure when they aren’t sure if the tariffs will be gone by tomorrow. And at most they could be gone in 4 years. This is the problem with not having stable, moderates in power. Things keep swinging back and forth and no one knows what will likely happen in 4 weeks, let alone 4 years.

    fishthumper
    Sartell, MN.
    Posts: 12635
    #2323603

    Thought I would share my exciting news that I received my first “Supplier Tariff Surcharge” letter of 3%. I am sure everyone here is also excited that soon this exciting news will be passed on to our excited and great customers. Nothing better than win-win (I mean lose-lose) deals.

    Once again. Only thinking of the current effect on themself rather than on the long term effect on the country as a whole. You do know that just because of a tariff doesn’t mean that either a selling company nor the business buying the product has to increase the price of the product right? They could Both just continue to sell it at the same price and just take a less of a profit margin. Where are all the people always yelling about corporate greed.

    CaptainMusky
    Posts: 24734
    #2323604

    Mabey I looked up the wrong information or don’t understand. Are we complain about 3% when we have been seeing 8% in the years past? Wasn’t inflating at 1.4% when Trump left office the first time? How long did it take to get inflation down to that number?

    Those numbers are fairly accurate. I heard anywhere from 1.8% to 2.8% yesterday from different sources. It started the month of March in upper 2’s but is now around 1.4, but for the month its somewhere between the two numbers I listed. So that is a good sign considering where its been. Plus nationally gas is the cheapest its been in 4 years right now, eggs are dropping as well on the market, but you sure dont see the drop in stores as much as been claimed. They said the price has dropped an avg of $1.66 per dozen. Ive seen maybe up to 50 cents cheaper and some places you cannot even find eggs like Sams club in town here.

    fishthumper
    Sartell, MN.
    Posts: 12635
    #2323606

    I think what he’s getting at is we were promised these price increases would not only stop, but that prices would go down.

    And they may well over time. Everyone these days want immediate gratification. Not many willing to wait for anything. If tariffs and import to export ratio controls bring more jobs back to the US or result in more people buying US made products – How can anyone feel like that is a bad thing. The shift of manufacturing of lots of products was not so much based on the high labor rates here, it was based on how much cheap slave labor there are in countries like China. I guess it doesn’t matter to some here how many Really young children or even adults are forced to work some crazy hours just to survive as long as they can get their Nike shoes for a few $’s less than if made in our own country.

    smallie83
    Posts: 132
    #2323613

    <div class=”d4p-bbt-quote-title”>smallie83 wrote:</div>
    I think what he’s getting at is we were promised these price increases would not only stop, but that prices would go down.

    And they may well over time. Everyone these days want immediate gratification. Not many willing to wait for anything. If tariffs and import to export ratio controls bring more jobs back to the US or result in more people buying US made products – How can anyone feel like that is a bad thing. The shift of manufacturing of lots of products was not so much based on the high labor rates here, it was based on how much cheap slave labor there are in countries like China. I guess it doesn’t matter to some here how many Really young children or even adults are forced to work some crazy hours just to survive as long as they can get their Nike shoes for a few $’s less than if made in our own country.

    Well I expected immediate gratification because I was promised relief on inauguration day. Promising day 1 is different then saying eventually.

    Onthewater
    Posts: 274
    #2323614

    Sounds like the Jimmy’s need their own safe place. Canada isn’t to far. Get the hell out of here if you don’t like it. The democrats aren’t going to win the house, senate, or president races for a really long time after what they have done to this country. Might as well get used to it

    David Anderson
    Dayton, MN
    Posts: 550
    #2323615

    Interesting discussion. Most people don’t know that tariffs are on the wholesale side of things. Someone brings something in, say a light fixture from where ever. That is where the tariff is. That company sells through distribution (most retail is handled this way) with probably a 25 – 30% margin. The distribution sells it to the retailer who also marks it up to product a 25% to 30% margin. The price for anything you buy is probably double what it costs from the manufacturer. I was in business when Trump put a 10% tariff on goods we had manufactured in China. It was still significantly cheaper than doing it here in Minneapolis, or Mexico for that matter. In the grand scheme of things a device we bought for $0.50 saw a $0.05 increase. We may have increased the price to the customer by 3% to cover it, still a bargain for our customers. Yes we could have built them here but the price would be doubled.

    walleyeguy1234
    Posts: 94
    #2323617

    Isnt this a fishing and hunting site..

    I went fishing on pool 4 yesterday, got sunburnt.. im blaming the tariffs

    Tlazer
    Posts: 820
    #2323618

    All we can do is wait and see what happens with the tariffs. If you listen to Main Street media, and that’s all you listen to, the world’s coming to an end. If you listen to conservatives the tariffs will be a good thing for this country. All I know is I have heard a lot of companies planning on investing big in America, which I think is good for all of us. I heard an article where they talked about buying a Cadillac and what it would cost for the same car in America, Europe, India, Japan and Korea. Some of those countries have over a 100% tariff on US made vehicles and that doesn’t sound fair to me when we don’t impose that amount of tariff on vehicles from Korea and Japan for instance. What I also find hilarious is do a google search for people like Schumer and Pelosi on what they said about cutting government waste and corruption in the past around 8-10 years ago, and what they are saying about DOGE now. Have to ask yourself why was it such a good thing 10 years ago, but not now.

    smallie83
    Posts: 132
    #2323620

    All we can do is wait and see what happens with the tariffs. If you listen to Main Street media, and that’s all you listen to, the world’s coming to an end. If you listen to conservatives the tariffs will be a good thing for this country. All I know is I have heard a lot of companies planning on investing big in America, which I think is good for all of us. I heard an article where they talked about buying a Cadillac and what it would cost for the same car in America, Europe, India, Japan and Korea. Some of those countries have over a 100% tariff on US made vehicles and that doesn’t sound fair to me when we don’t impose that amount of tariff on vehicles from Korea and Japan for instance. What I also find hilarious is do a google search for people like Schumer and Pelosi on what they said about cutting government waste and corruption in the past around 8-10 years ago, and what they are saying about DOGE now. Have to ask yourself why was it such a good thing 10 years ago, but not now.

    At one point the tariffs were about migrants or terrorists or somebody like that. Then it was fentynal. Now it’s trade imbalances and unfair trade policies. When they change it every week it’s hard to have confidence that they know what they are doing and aren’t just starting random fights. If it was about trade, then why negotiate new trade deals like every other country does, including Trump last time in office?

    Correct me if I’m wrong, but didn’t Obama try to cut some federal agencies and institute efficiency in 2012 but the Republican house blocked it? So I think that stuff goes both ways on looking back. There is talking and there is doing. A lot of talk right now, but so far a CR that raises spending by $1 billion isn’t really putting your money where your mouth is.

    Rodwork
    Farmington, MN
    Posts: 4008
    #2323622

    One of this country’s biggest problems is both sides will block what the other side is currently doing even when the other side agrees with it. So they can use that as a bargaining chip to push something else they want down the road.

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