human1234 Posted April 24 Report Posted April 24 i work for a electronics manufacturer. before the tariffs, components arrived from china and got assembled in the us, after which they're sold the world over. given the tarifss, assembly will now be outside of the us - and sold from a different location. us customers will have to eat the tariff, while the rest of the world just moves on https://www.reddit.com/r/wallstreetbets/s/S61AMEfzO2 Quote
human1234 Posted April 24 Author Report Posted April 24 https://www.reddit.com/r/wallstreetbets/s/lBQ0pFEvWy I was just going to place a PO for a PAX*** VFFS bagging machine which was supposed to be assembled in LA. I get a call from the sales guy asking me for an extra $13,000 because of tariffs. He sounded miseeable, said he was tired of getting yelled at customers and getting orders cancelled/put on hold since morning. Ohh btw, the whole machine was quoted to be delivered and installed for $34,000. ’s already hit the fan, small companies are already on their knees. Quote
HugoStrange Posted April 24 Report Posted April 24 But the market is going up. With the uncertainty around with on and off tariffs people will pause buying stuff until it’s resolved Quote
human1234 Posted April 24 Author Report Posted April 24 I work in the industrial sector selling parts to customers that manufacture thousands of products we use everyday. Many of our customers are HUGE manufacturers everyone would know, but we also work with customers who produce parts for hundreds of other companies. Sales have slowed down substantially this year, and customers are not buying any new machines or putting money towards spare parts. The problem that most people don't realize is that even though my customers are based in the US, the products they make are impossible to produce without imported parts. Germany makes a good portion of the electronics, motors, and pumps that large manufacturer's use as there are no high quality US alternatives. This is going to be really bad for years and year if they don't reverse everything now and try to get our good relationships back. https://www.reddit.com/r/wallstreetbets/s/p6ShCgn8Na Quote
Pavanonline Posted April 24 Report Posted April 24 Ee pichi dash gallaki ardam kavatle how good set up they have, they're about to find out Quote
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.