Tariff panic….. thoughts? Guns, optics, and accessories.

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repins05

WKR
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Tariff panic…..

Do you think it will affect prices for certain guns, optics, and hunting accessories?

I am personally not worried about it but I have a buddy who is.
 
We’re so used to high inflation, maybe this inflation won’t feel any different.

Who knows if the tariffs will even stick. If new prices go up, my old junk will be worth more.
 
Yes. Thankfully I have too much stuff already and am positioned for some deals on used equipment when the overextended need to sell.
 
I figure there will be a run on the usual stuff, primer's powder, etc. Then it will level out. We should not see anything until they empty the warehouse's and bring in new stock?
 
It'll be an interesting dynamic with unknown outcome presently. I think you might see some initial panic buying, but I dont think alot.
The inflation bump will make everything cost more but wages will lag and never catch up as usual. Expendable income for most Americans, thats already taken a huge hit the last 4 years, will get tapped again.
People will likely buy less non essential items over next few years for sure if the tarrifs stick and prices/inflation do what alot of folks likely smarter than me think they will anyways.
Manufacturers of those items will raise prices due to increased production costs, likely cut quality if possible. Then when sales and revenue go down, lay off work force to try to keep the books in the black, especially if they are publicly traded company.
Once they gets costs down enough and product still isn't moving, prices will come down as everything stabilizes to the new norm...but likely never as low as they were before the hike...as long as they have enough capital reserves to weather the storm and don't close up shop.
Some may not survive it.

I'm not an economics major, but i think so long as we stick to capitalism, supply and demand will do what it does and has been doing, whether that's good or bad is a whole other issue I've no interest in diving into.
Everything is worth whatever the masses are willing to pay for it.

I don't know that it'll effect the Alpha companies too much...the ones who's business model is already prestige, high price, high quality, low volume...if they raise prices 20% or so it's not likely to chase many of their target market away.

That rifle or binos your thinking about buying isn't gonna douple in cost...but it may be 20+% more in next year or so.

If you have the money and want or need something that's still at what you consider reasonable price, likeky not a bad time to buy it.
I dont forsee any major price breaks coming down the line unless it's a 'going out of business sale'...but I wouldn't be panic buying anything especially any kind of hunting gear.

But maybe I'm wrong and everything will turnnout just peachy bybthe end of 2025🤷‍♂️...luckily I'm not presently in any sort of gear shortage so not too concerned about hunting gear does price wise next few years.
 
No one knows what will happen, including the people at the top pushing the tariffs. But even if it doesn't raise the price of hunting equipment, price increases on other things will give you less money to spend.
Building manufacturing infrastructure takes time, as in years. And some things we can not make, like coffee, avocados etc. So we will just pay more for stuff for the foreseeable future.
But I only worry about things I can control, and this is not one of them.
 
First, I think there's a question of how permanent the tarrifs are. Past announcements have been rolled back or modified. Will the market keep dropping? If it does, how much of a drop can Trump withstand before he feels compelled to reverse course? In my estimation, it's too soon to say what will actually happen with prices in the coming months and years.

But I think we can say with some confidence that, if left in place, the current slate of tariffs would raise the cost of guns and other outdoor equipment. Whether the price increases are worth it, either because they'll stimulate a strong economy or geopolitical reasons, is a political/economic question*. But even according to tariff backers, the idea is to hamstring countries that try to undercut American producers. Doing that necessarily removes the bottom of the market (the very cheapest guns, in our case) and reduces supply, at least short term. Reducing supply and removing downward pressure on prices will lead to pricing increases, again, at least in the short term*. Also, imports used by domestic manufacturers will also increase in price, further pushing prices. That much should be pretty non-controversial.

* While this is an economic question, it doesn't seem to be one that divides economists very evenly. The last time we tried it, we got further into the Great Depression. When various Latin American countries attempted, import substitute industrialization in the 20th Century, things also went very, very poorly. I personally think that people are too dismissive of tariffs, and that carefully tailored and gradually applied tariffs could be part of a successful reshaping of the national economy. But the sudden introduction of steep and sweeping tariffs has a really, really poor track record.
 
Only tariff I’m concerned with is Japan. I only need(well would like) one more scope. I probably should have just bought another maven last week. O’well more money to in vest long term in the market
 
Before jumping into gear purchases , just consider what you can reasonably afford if everything you had to purchase this year were 10-40% more expensive. If that really wouldn't affect you, maybe go shopping. I think we are heading towards a nasty period of stagflation kicked off by these tariffs, so I will not be seeking out gear I don't "need". Gives me time to go through all the gear I already own and don't need :)
 
I wouldn't panic buy. I would consider bringing forward purchases you will make anyway, but nothing more and only if you can do it without debit.
 
Kids worry about their phones so I spent 5 minutes googling iPhone costs.

Labor is 2% to 5% of final cost, and the rest of manufacturing cost is 45% ish.

If only 1/2 the cost is being affected by tariffs, would that be enough to move production here when parts still have to be imported and tariffed anyway? I just don’t see that happening.

Again, items like this will simply cost more and we can call bs or bend over and say thank you sir may I have another.
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