Buy Now and save a ton of Money

[djd66]

First, let me state, this is not a political post and I hope it does not turn into one of the posts where we all go off in tangents that we shouldn't.

As someone who is in the consumer products business and is directly impacted by all the new tariffs, I thought I would remind people if you want deals on anything, buy now! The new 54% tariffs that are being charged to everything coming out of China will have a huge impact on hard and soft goods. That $700 Patagonia jacket will be north of $1000. (actually I think Patagonia makes product in Vietnam which has a new 49% tariff) Helmets and goggles (all made in China) will be heavily impacted. Skis + boots coming out of Europe (Switzerland for example has a new 31% tariff) will be heavily impacted. Personally, I'm a big fan of buying used through powder7 and they have great deals,... but eventually even the second hand market will be impacted. Price increases will take sometime to work through the system, but they are coming. The one possible workaround is to buy your stuff in Canada - but that would require a trip to Canada (ecom coming from Canada into the USA is impacted too)

 

[Hastur]

Thanks, but I'm waiting to buy until these companies learn their lesson and move their manufacturing back to the USA!!

 

[BenedictGomez]

Trump's probably going to cause a short-term, front-loaded, economic boom with all the people thinking like this & acting on it. Auto companies currently having record sales, etc...

 

[VTSkiBike]

There are still some USA made ski companies that will seem like a bargain soon. Moment skis in particular.

Apparel and every other ski accessory on the other hand........

 

[djd66]

Trump's probably going to cause a short-term, front-loaded, economic boom with all the people thinking like this & acting on it. Auto companies currently having record sales, etc...

There is some crazy shit coming though. All the Japanese and Korean cars that are on the water will be hit with a 50% tariff

 

[KustyTheKlown]

There are still some USA made ski companies that will seem like a bargain soon. Moment skis in particular.

Apparel and every other ski accessory on the other hand........

highly doubt moments inputs are made/sourced in the usa.

 

[djd66]

highly doubt moments inputs are made/sourced in the usa.

Yep, a lot of USA made stuff has components that come from elsewhere. I'm guessing the steel edges come from Europe - Steel has a 50% tariff

 

[deadheadskier]

Glad I personally won't really need any ski gear at all for likely years unless I break something. All skis in great shape as our my boots and outerwear. My kids OTOH

I also coincidentally bought a car last week. Used car, so not impacted by tariffs, but I suspect that market will inflate shortly as well. Both of our vehicles hopefully last through the next 4 years. Of course the next pres could be an economic chaos believer too.

Strange times

 

[BenedictGomez]

I also coincidentally bought a car last week. Used car, so not impacted by tariffs, but I suspect that market will inflate shortly as well.

If this lasts, yes, used inventory would inflate. But I see no reason to believe this isn't just like every other Trump negotiating tactic we've seen whereby when he wants 'X' he asks for '100X'. Which is why I think stocking up on stuff now isn't going to be the answer. My belief is this is going to be the economics version of Y2K.

 

[Hastur]

Whether he rolls back his tariffs or not there is no going back. the world is moving on without us and there is no going back.

The world cant rely on the whims of 10k wisconsin voters every 4 years.

 

[BenedictGomez]

Whether he rolls back his tariffs or not there is no going back. the world is moving on without us and there is no going back.

"The world" cant move on "without us" even if they wanted to, so that aint happening.

And as for Canada specifically, the Liberal party is using this emotional issue to score short-term emotional political points (which is working amazingly well in the polls), but the long-term ramifications for Canada are terrible if they keep it up. The levers we have over Canada are myriad, whereas they have almost no leverage over us.

All Trump has to do is threaten to stop buying Canadian oil or even cut purchases in half, and Canada's entire economy is horse f*****d. Knowing Trump, I'm kind of surprised he hasnt threatened this. Oil is a huge portion of Canada's GDP. Don't believe me? Google, "what percentage of Canadian oil is shipped to America". Diesel engines are not powered by maple syrup, not even Fancy Grade maple syrup.

 

[abc]

Canada has a lot of natural resources for export to all over the world. The reason majority of those exports goes to US is just expediency as it’s right next door. Like all other countries, it can sell to the rest of the world if it becomes more profitable than selling to the US.

On the other hand, where will the US buy those stuff from if not from Canada? Tariff or not, our need for those goods will still be there.

The end result is nothing will change except the price to the consumer. They would end up paying for the tariffs and nothing else will change.

 

[abc]

When it comes to ski equipments, this is the best time to buy because it’s the end of season sale time!

 

[Edd]

I tried like hell recently to buy a new ski jacket and ski bag at a physical store, stopping at maybe 10 places. I failed. I’ll get around to buying them online but wondering if my timing sucks with the tariffs. All of that stuff is imported.

 

[BenedictGomez]

Canada has a lot of natural resources for export to all over the world. The reason majority of those exports goes to US is just expediency as it’s right next door. Like all other countries, it can sell to the rest of the world if it becomes more profitable than selling to the US.

The reason a majority of Canadian oil exports goes to America obviously isn't "expediency", it is because it's a helluva lot cheaper to put the oil right into the Aurora or Plains Milk or other pipeline right near where it comes out of the ground in Canada and pump it directly to Oklahoma, than it is to take it to Vancouver, then pay to put it on a massive ship, then pay to have it shipped 1/2 way across the world on a ship you dont own to someplace like China or India, then the unloading of the oil course, and let's not forget the maritime insurance costs, etc..... and on and on.

Canadian oil sands breakeven is currently about $40pb or so. WTI is currently $62.50 pb. This really isn't hard.

 

[abc]

Canadian oil sands breakeven is currently about $40pb or so. WTI is currently $62.50 pb. This really isn't hard.

Except the US still needs the oil. And therefore will buy at the higher prices. It isn’t hard.