My steel prices jumped before the tariff even took effect.

Sent from my iPhone

> On May 29, 2019, at 4:36 PM, Lewis Bergman <[email protected]> wrote:
> 
> I don't think there is much thought to how it works in the consumer level 
> other than it is supposed to make the tariffed goods more expensive thereby 
> making other options more competitive.
> In that respect, it is likely working. Changing global supply chain 
> relationships doesn't move quickly though. Vietnam for instance has had 
> trouble meeting the same standards as China. Seems hard to imagine but after 
> a few decades of manufacturing for the US China has gotten pretty good at it.
> 
>> On Wed, May 29, 2019, 5:23 PM Jason McKemie 
>> <[email protected]> wrote:
>> One thing about the tariffs that is especially irritating to me is that if 
>> tariffs are imposed at, for example 30% on steel, then the domestic supplier 
>> just raises their prices by 29%.  Is this the way that this is supposed to 
>> work?
>> 
>>> On Wed, May 29, 2019 at 3:18 PM Ken Hohhof <[email protected]> wrote:
>>> I’m in the process of buying a couple Supermicro servers, and I’m told that 
>>> due to tariffs, prices have already gone up around 10% and will be going up 
>>> another 15% on or about June 1.
>>> 
>>>  
>>> 
>>> Are others running into the same thing?  It sounds like I need to place my 
>>> order now.  That’s not a trivial increase.
>>> 
>>>  
>>> 
>>> We’ve also received tariff notifications from tower steel vendors, power 
>>> supply vendors, cable vendors, and we saw Cambium increase prices a few 
>>> months ago.  Some of these like the steel and cable you just eat, but 
>>> potentially everything we buy except bandwidth may be going up.  I wonder 
>>> if bandwidth suppliers will figure out a way to jack up prices claiming 
>>> tariffs!
>>> 
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