tarriffs hit home

This is an Admin / Moderator NO GO ZONE. You're on your own.

Moderator: Team

gmrocket
Guru
Guru
Posts: 2712
Joined: Wed Nov 12, 2008 6:40 pm
Location: Grimsby Ontario

Re: tarriffs hit home

Post by gmrocket » Sun Dec 02, 2018 2:05 pm

rebelrouser wrote:
Fri Nov 30, 2018 9:01 am
From a mopar website. 440 source is a company I have used a lot in building big block mopars.

"Hi all, this is Brandon from 440 Source. Many people have probably seen some headlines about the tariffs, but so far maybe haven't been impacted by them. Here's the deal: The harmonized codes which cover all categories of imported engine parts which we carry fall under the new tariffs. As of Sept 24th (currently in force) everything is subject to a 10% tariff. We have already received increases of 10% from many of our suppliers (including rods from Scat, etc). As of Jan 1st 2019, that will increase to 25%.

Do the simple math, and a 25% increase on a $2,249 stroker kit brings it up to $2,811.

Unfortunately, this is not going to "push" people into American made components as it was possibly intended to do, because, as any experienced engine builder knows, true American made cranks are $3,000+ (Bryant, etc) just for the crank, and $1,800+ for the rods (Crower, Carillo, etc) making a stroker kit with "truly" US made parts in the 5K range. So people arent' going to switch to a $5,000 US made kit because of the tariffs, they are just going to have a pay quite a bit more for the same "affordable" parts we've been able to buy for decades without paying an additional 25% to the government.

And, keep in mind, every company pays these tariffs. Scat, Eagle, K1, whatever. If it's imported, (and if it's at these lower price levels we are talking about, no matter what someone tells you, it IS imported), you are about to see HUGE increases across the board from EVERY manufacturer.

So you might want to think about doing that build sooner rather than later."

Trump making America great again.
Oh look..he's getting a reprieve on the Jan 2019 tariffs. Trump announced today there will a 90 day delay until more details can be worked out.

Maybe even more tariffs will be removed at that point in time?

Maybe theyll be able to get Chinese parts again, just like before...

exhaustgases
Guru
Guru
Posts: 4230
Joined: Sun Oct 06, 2013 9:03 pm

Re: tarriffs hit home

Post by exhaustgases » Sun Dec 02, 2018 6:00 pm

Wow, I'm in agreement with rebel on this one. Tariffs were not needed, low prices needed, low price us steel is how to compete.

1989TransAm
Guru
Guru
Posts: 9377
Joined: Thu Feb 15, 2007 8:43 pm
Location: Cypress, California

Re: tarriffs hit home

Post by 1989TransAm » Sun Dec 02, 2018 6:19 pm

gmrocket wrote:
Sun Dec 02, 2018 2:05 pm
rebelrouser wrote:
Fri Nov 30, 2018 9:01 am
From a mopar website. 440 source is a company I have used a lot in building big block mopars.

"Hi all, this is Brandon from 440 Source. Many people have probably seen some headlines about the tariffs, but so far maybe haven't been impacted by them. Here's the deal: The harmonized codes which cover all categories of imported engine parts which we carry fall under the new tariffs. As of Sept 24th (currently in force) everything is subject to a 10% tariff. We have already received increases of 10% from many of our suppliers (including rods from Scat, etc). As of Jan 1st 2019, that will increase to 25%.

Do the simple math, and a 25% increase on a $2,249 stroker kit brings it up to $2,811.

Unfortunately, this is not going to "push" people into American made components as it was possibly intended to do, because, as any experienced engine builder knows, true American made cranks are $3,000+ (Bryant, etc) just for the crank, and $1,800+ for the rods (Crower, Carillo, etc) making a stroker kit with "truly" US made parts in the 5K range. So people arent' going to switch to a $5,000 US made kit because of the tariffs, they are just going to have a pay quite a bit more for the same "affordable" parts we've been able to buy for decades without paying an additional 25% to the government.

And, keep in mind, every company pays these tariffs. Scat, Eagle, K1, whatever. If it's imported, (and if it's at these lower price levels we are talking about, no matter what someone tells you, it IS imported), you are about to see HUGE increases across the board from EVERY manufacturer.

So you might want to think about doing that build sooner rather than later."

Trump making America great again.
Oh look..he's getting a reprieve on the Jan 2019 tariffs. Trump announced today there will a 90 day delay until more details can be worked out.

It appears that good progress is being made with China. GO TRUMP GO
Maybe even more tariffs will be removed at that point in time?

Maybe theyll be able to get Chinese parts again, just like before...

exhaustgases
Guru
Guru
Posts: 4230
Joined: Sun Oct 06, 2013 9:03 pm

Re: tarriffs hit home

Post by exhaustgases » Sun Dec 02, 2018 8:40 pm

Just so the goof balls here know. I don't stand with trump on tariffs they are a tax on me not china. We pay for the ________blanking tariffs, its all passed on to us the pee ons. Since most everything we buy is from china daaaaaaaaaaaaaaaa that was the biggest blunder trump has done.
All he needs to do is stick to declassifying everything.

Racing68
Pro
Pro
Posts: 310
Joined: Sat Feb 10, 2007 10:27 am

Re: tarriffs hit home

Post by Racing68 » Sun Dec 02, 2018 9:48 pm

Your simple math is wrong, it would only be a 15% increase and that would only be on the Chinese parts. Best i can tell they're using icon pistons which i believe are American made, clevite bearings, and total seal rings. It says rods are finished in the US so a 15% increase on only the forging. Plus that is balanced so there is no tariff on american labor as far as i know. It will be an increase but not the sky is falling prices you are claiming.

gmrocket
Guru
Guru
Posts: 2712
Joined: Wed Nov 12, 2008 6:40 pm
Location: Grimsby Ontario

Re: tarriffs hit home

Post by gmrocket » Mon Dec 03, 2018 4:19 am

Racing68 wrote:
Sun Dec 02, 2018 9:48 pm
Your simple math is wrong, it would only be a 15% increase and that would only be on the Chinese parts. Best i can tell they're using icon pistons which i believe are American made, clevite bearings, and total seal rings. It says rods are finished in the US so a 15% increase on only the forging. Plus that is balanced so there is no tariff on american labor as far as i know. It will be an increase but not the sky is falling prices you are claiming.
Correct.

But people don't see the big picture. China has the USA by the balls and could completely destroy us FINANCIALLY if we don't start forcing china to buy more products and services from us. And Trimp is making that happen.

There are many people in china with money and would love to buy more western products, but it's the Chinese government that limits what gets imported.

Tariffs are the only option we have on bargaining with china... I hate them too!

many countries have had Tariffs or outright non compete actions on American products going to other countries for years.. and we just put up with it,, that's bs.

Trump just tweeted that China has agreed to remove or lower the current tariff on American auto imports to china , which is at 40% right now..now isn't that great news!!

1989TransAm
Guru
Guru
Posts: 9377
Joined: Thu Feb 15, 2007 8:43 pm
Location: Cypress, California

Re: tarriffs hit home

Post by 1989TransAm » Mon Dec 03, 2018 9:15 am

Yes it is great news unless you are a leftie. GO TRUMP GO

j-c-c
Guru
Guru
Posts: 4259
Joined: Sat Sep 03, 2016 9:03 pm

Re: tarriffs hit home

Post by j-c-c » Mon Dec 03, 2018 10:43 am

gmrocket wrote:
Mon Dec 03, 2018 4:19 am

Trump just tweeted that China has agreed to remove or lower the current tariff on American auto imports to china , which is at 40% right now..now isn't that great news!!
So this elation is because you believe the Chinese have a large built up demand for American cars?

Based on what?

Or is it just that a "level playing" field would make you feel all warm and fuzzy?

SupStk
Guru
Guru
Posts: 1492
Joined: Wed Jun 22, 2005 6:25 pm
Location: Box Elder, SD

Re: tarriffs hit home

Post by SupStk » Mon Dec 03, 2018 11:09 am

j-c-c wrote:
Mon Dec 03, 2018 10:43 am
gmrocket wrote:
Mon Dec 03, 2018 4:19 am

Trump just tweeted that China has agreed to remove or lower the current tariff on American auto imports to china , which is at 40% right now..now isn't that great news!!
So this elation is because you believe the Chinese have a large built up demand for American cars
Ummm yes.
When GM dropped the axe on Pontiac, Buick survived because the Chinese were buying them.
Monty Frerichs
B&M Machine

gmrocket
Guru
Guru
Posts: 2712
Joined: Wed Nov 12, 2008 6:40 pm
Location: Grimsby Ontario

Re: tarriffs hit home

Post by gmrocket » Mon Dec 03, 2018 2:43 pm

the chinese absolutely love big USA made cars and suv's

lots of money in china these days....this move will be a boost to GM, which they seem to like the most

mk e
Guru
Guru
Posts: 5354
Joined: Mon Sep 17, 2012 3:19 pm
Location: Elverson, PA

Re: tarriffs hit home

Post by mk e » Mon Dec 03, 2018 2:50 pm

SupStk wrote:
Mon Dec 03, 2018 11:09 am
j-c-c wrote:
Mon Dec 03, 2018 10:43 am
gmrocket wrote:
Mon Dec 03, 2018 4:19 am

Trump just tweeted that China has agreed to remove or lower the current tariff on American auto imports to china , which is at 40% right now..now isn't that great news!!
So this elation is because you believe the Chinese have a large built up demand for American cars
Ummm yes.
When GM dropped the axe on Pontiac, Buick survived because the Chinese were buying them.
The Chinese were buying Chinese made Buicks not US made Buicks. Those sale have tanked though since the trade war as Chinese people are encouraged to Make China Great Again and but Chinese brands.. or at least no US brands which has worked out GREAT for German brands.
Mark
Mechanical Engineer

1989TransAm
Guru
Guru
Posts: 9377
Joined: Thu Feb 15, 2007 8:43 pm
Location: Cypress, California

Re: tarriffs hit home

Post by 1989TransAm » Mon Dec 03, 2018 7:06 pm

I new the lefties on this forum would not like the news. Maybe with the much lower tariffs American made cars and goods will be more affordable in China.

gmrocket
Guru
Guru
Posts: 2712
Joined: Wed Nov 12, 2008 6:40 pm
Location: Grimsby Ontario

Re: tarriffs hit home

Post by gmrocket » Mon Dec 03, 2018 9:29 pm

mk e wrote:
Mon Dec 03, 2018 2:50 pm
SupStk wrote:
Mon Dec 03, 2018 11:09 am
j-c-c wrote:
Mon Dec 03, 2018 10:43 am


So this elation is because you believe the Chinese have a large built up demand for American cars
Ummm yes.
When GM dropped the axe on Pontiac, Buick survived because the Chinese were buying them.
The Chinese were buying Chinese made Buicks not US made Buicks. Those sale have tanked though since the trade war as Chinese people are encouraged to Make China Great Again and but Chinese brands.. or at least no US brands which has worked out GREAT for German brands.
Chinese ASSEMBLY plant with made in the USA designed and manufactured parts?

86_regal
Pro
Pro
Posts: 306
Joined: Tue Jan 06, 2015 12:02 pm

Re: tarriffs hit home

Post by 86_regal » Mon Dec 03, 2018 9:56 pm

To the "trade deficit" hawks...

Maybe the story of Bastiat's "The Candlestick Maker's Petition" will elucidate the "logic" of concern for our trade imbalance across the globe...

http://bastiat.org/en/petition.html

The story highlights the (satirical) concern of candlestick makers having to face "unfair" market competition against... the sun... In an attempt to justify the political class to petition the use of sunlight for the sake of bolstering the candlestick industry...

Post Reply