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Ag Zwin
Texas A&M Fan
Duluth, MN
Member since Mar 2016
7491 posts

So, about that tariff: Just got hit with $11K adder notice
I own a heavy equipment dealership. New units run $400-600K, and a SWAG of the steel content is 50,000 lb.

Two of our main product lines are both made in Wisconsin. One is much more vertically integrated and does a lot of their own fab work and machining (or farms that out to local shops). The other imports semi-finished weldments from China. It's unclear if semifinished components are included, but there is a good chance they will not.

The upshot of this is that the manufacturer that builds the stuff here will have a big hit to their material costs, and the one that imports work fabbed overseas may not. We placed orders for about a dozen machines this morning from the manufacturer that build more of the content here, and are being told that we should prepare for an $11K surcharge to those units.

It's not as fun when you see the knock on effects, not just for you, but for the people who build things.
This post was edited on 3/7 at 1:56 pm


theronswanson
House built with my hands
Member since Feb 2012
1959 posts

re: So, about that tariff: Just got hit with $11K adder notice
But now we are actually employing Americans as opposed to Chinaman overseas. You should be grateful to our god emperor. You're lucky it's only $11,000 and not more. So ungrateful.


TejasHorn
Texas Fan
High Plains Driftin'
Member since Mar 2007
6555 posts

re: So, about that tariff: Just got hit with $11K adder notice
But steel workers in the midwest will keep their jobs.


90proofprofessional
LSU Fan
Member since Mar 2004
21217 posts

re: So, about that tariff: Just got hit with $11K adder notice
muh crumbs


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926
Usafgiles
LSU Fan
Augusta, ga
Member since Oct 2009
1619 posts

re: So, about that tariff: Just got hit with $11K adder notice
who downvotes this?


hawkeye007
LSU Fan
Member since Feb 2010
3485 posts

re: So, about that tariff: Just got hit with $11K adder notice
i expect a min of 40 down votes. Jdoc will be along shortly to tell you that its the small price to pay to be an American.


Iosh
Texas A&M Fan
Bureau of Interstellar Immigration
Member since Dec 2012
18916 posts

broadhead
Member since Oct 2014
628 posts
 Online 

re: So, about that tariff: Just got hit with $11K adder notice
You said you ordered a dozen at a cost of 400,000-600,000. So we say you got 12 at 500,000 to average it out, that's a 6 million dollar order and 11,000 was added. Is that about right?


antibarner
Alabama Fan
Member since Oct 2009
13926 posts
 Online 

re: So, about that tariff: Just got hit with $11K adder notice
Why should they hit you with a surcharge when there has been no tariff added yet?


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1001
Spock's Eyebrow
LSU Fan
Member since May 2012
11820 posts

re: So, about that tariff: Just got hit with $11K adder notice
quote:

But now we are actually employing Americans as opposed to Chinaman overseas. You should be grateful to our god emperor. You're lucky it's only $11,000 and not more. So ungrateful.



In @realism theory, it's known as an asymmetric payoff and considered even more desirable than bankrupting multiple casinos (businesses with a built-in edge) and underperforming the S&P over 30 years. With Cohn gone, it's all @real from here on. It's a grand experiment!


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915
RogerTheShrubber
LSU Fan
Juneau, AK
Member since Jan 2009
156174 posts
 Online 

re: So, about that tariff: Just got hit with $11K adder notice
quote:

Jdoc will be along shortly to tell you that its the small price to pay to be an American.


He's the most progressive poster we have here. Advocates tariffs, tax raises....


kengel2
LSU Fan
Team Gun
Member since Mar 2004
13487 posts

re: So, about that tariff: Just got hit with $11K adder notice
quote:

You said you ordered a dozen at a cost of 400,000-600,000. So we say you got 12 at 500,000 to average it out, that's a 6 million dollar order and 11,000 was added. Is that about right?


Maybe he meant 11k per machine? Still not all the significant. Like 2.2%
This post was edited on 3/7 at 2:05 pm


MrLarson
Auburn Fan
Member since Oct 2014
25153 posts

re: So, about that tariff: Just got hit with $11K adder notice
You paid 1k per machine that runs 400k-600k holy percentages batman.


TrueTiger
LSU Fan
Chicken's most valuable
Member since Sep 2004
34069 posts

re: So, about that tariff: Just got hit with $11K adder notice
I may lose my coat but tariffs and minimum wages are cousins.

Both are a government subsidy financed by the consumer.

I can make an exception for using tariffs to keep industry home for national defense purposes, but I'm not seeing that here.


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254
the_watcher
LSU Fan
Jarule's House
Member since Nov 2005
2645 posts

re: So, about that tariff: Just got hit with $11K adder notice
quote:

You paid 1k per machine that runs 400k-600k holy percentages batman.

Is he really on here bitching about a 0.183% increase?


Jjdoc
Columbia Fan
Cali
Member since Mar 2016
19568 posts
 Online 

re: So, about that tariff: Just got hit with $11K adder notice
Yes.... with no tariff in place!


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214
RogerTheShrubber
LSU Fan
Juneau, AK
Member since Jan 2009
156174 posts
 Online 

re: So, about that tariff: Just got hit with $11K adder notice
quote:

Is he really on here bitching about a 0.183% increase?




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80
Jjdoc
Columbia Fan
Cali
Member since Mar 2016
19568 posts
 Online 

re: So, about that tariff: Just got hit with $11K adder notice
Why lie? Does it really promote productive conversations?

No.



I do not advocate higher taxes. In fact, I was for lower corp taxes than what was passed. I do advocate for going after rouge nations in trade and making sure that the USA is self reliant.




tigeraddict
LSU Fan
Baton Rouge
Member since Mar 2007
6651 posts

re: So, about that tariff: Just got hit with $11K adder notice
We are at a mad rush to release equipment and material here this week.

so are requiring orders by close of business day today and other are requiring equipment delivered a certain date will be 10% more the the quoted price we have today.



Whataburger
Cape Girardeaux
Member since Jan 2018
408 posts

re: So, about that tariff: Just got hit with $11K adder notice
Tell them you're cancelling the order unless they stop with their BS.

Like buying a car and walking away because they won't throw in the $150 floor mats.


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