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+-- Thread: Word from Grizzly... (/showthread.php?tid=7340492)
Word from Grizzly... - n7bsn - 06-24-2018
All tools made in China are going up 25% effective 6 July, any items sold/shipped on or after that date will have the new prices.
All tools made in Taiwan are going up 5%
From what I've heard every wood lathe is going up 25%
RE: Word from Grizzly... - Arlin Eastman - 06-24-2018
Pretty big jump it looks like. To me with the price jump and the low warentee business might pick up at Rikon or others like that.
RE: Word from Grizzly... - n7bsn - 06-24-2018
(06-24-2018, 09:21 PM)Arlin Eastman Wrote: Pretty big jump it looks like. To me with the price jump and the low warentee business might pick up at Rikon or others like that.
Only if Rikon's lathes aren't made in China
Every company importing from China will have similar price increases
Yes it's all about the trade war
RE: Word from Grizzly... - Angus - 06-24-2018
(06-24-2018, 09:46 PM)n7bsn Wrote: Only if Rikon's lathes aren't made in China
Every company importing from China will have similar price increases
Yes it's all about the trade war
Most popular brands are mage by geetech ib china.
geetech
Wonder is robust and/or oneway will maintain current prices or go up with the market.
Edit to add rikon is made in china also
RE: Word from Grizzly... - n7bsn - 06-24-2018
(06-24-2018, 10:03 PM)Angus Wrote: Most popular brands are mage by geetech ib china.
geetech
Wonder is robust and/or oneway will maintain current prices or go up with the market.
Edit to add rikon is made in china also
I'm going to guess at least some of Robust's and Oneway's steels come from China (ie tariffs)
RE: Word from Grizzly... - Arlin Eastman - 06-25-2018
When I made the remark I did not know it was about Tariffs and in the other thread I made another remark.
It is all Chinas fault and wanting a double standard
RE: Word from Grizzly... - MidwestMan - 06-27-2018
(06-25-2018, 01:17 PM)Arlin Eastman Wrote: When I made the remark I did not know it was about Tariffs and in the other thread I made another remark.
It is all Chinas fault and wanting a double standard
Actually, there are a lot of dynamics going on, regarding the trading of merchandise. The currency war has been going on a long time and the entire world is saturated with paper assets of all types, which are merely promises to pay.
Nothing good is coming soon.
RE: Word from Grizzly... - Timberwolf - 06-28-2018
(06-25-2018, 01:17 PM)Arlin Eastman Wrote: When I made the remark I did not know it was about Tariffs and in the other thread I made another remark.
It is all Chinas fault and wanting a double standard
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Looks like "old iron" is going to become more expensive before long.....
RE: Word from Grizzly... - EricU - 06-28-2018
since the tariff is applied to the imported cost, you might not see all tools going up 25 percent. They definitely have wiggle room if they want.
RE: Word from Grizzly... - Huxleywood - 07-02-2018
(06-28-2018, 07:50 AM)EricU Wrote: since the tariff is applied to the imported cost, you might not see all tools going up 25 percent. They definitely have wiggle room if they want.
Grizzly has said a full 25% on the retail price of Chinese machines effective July 6th. While there is potential wiggle room since it is on the import cost Grizzly says the increase in raw materials forced the full bump at retail.