Will tariffs impact imported firearm price?

[fmyth]

Reading this thread just caused me to buy another Tikka. Stainless lite, 6.5 PRC, $612 from Eurooptic. Used a 10% off coupon and was surprised it's allowed on an already discounted firearm.

How can I get one of those 10% off coupons? I'm thinking of buying the same rifle.

 

[NDGuy]

And get ready for ammo shortages and substantial price increases...

Example 1 - PMC from South Korea was hit with a 25% tariff and is a major supplier of the most popular options for 5.56/223 ammo, as well as 9mm and many other calibers. This tariff increases the cost to 1000 rounds of 5.56 by about $100, and 1000 rounds 9mm about $50. At that point they simply cannot compete in the market against US manufacturing and most likely would slowly exit the market over the next year with the most popular products drying up first. Also, PMC's mother company, Poongsan Corporation, supplies US ammo manufacturers with a huge portion of copper strip used to make ammunition, which will drive up cost of US manufactures.

Example 2 - Prvi Partizan in Serbia was hit with a 37% tariff, and is a key supplier of metric rifle calibers, economical handgun ammo, and 5.56 FMJ ammo. This 37% tariff, if it holds, will totally force them out of business and you will see this manufacturer totally exit the US market over the next 6 months.

Example 3 - Igman in Bosnia, a key supplier of 7.62x39 and 7.62x51 ammo was hit with a 36% tariff, which increases the cost of 1000 rounds of 7.62x39 by about $180. No one will import it at all if this cost is added.

Example 4 - Sellier & Bellot in the EU (Czech Republic) was hit with a 20% tariff. This drives the cost of their basic 9mm FMJ ammo up $40 per 1000 and affects other products in a similar way, and at that point they cannot compete in the market on many popular products.

Source:

Tariffs On Imported Ammo Are Coming - Beat the Price Increase @ SGAmmo | SGAmmo.com

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Well shit, glad I don’t need anything really bad. But man, thinking of buying another tikka and more ammo just because.

 

[Hunter609]

How can I get one of those 10% off coupons? I'm thinking of buying the same rifle.

I emailed a couple weeks ago and got the stainless 6.5prc for $599 plus shipping

 

[cowdisciple]

How can I get one of those 10% off coupons? I'm thinking of buying the same rifle.

I'm not sure! I got it in an email as like a bounce back coupon.

 

[OMB]

And get ready for ammo shortages and substantial price increases...

Example 1 - PMC from South Korea was hit with a 25% tariff and is a major supplier of the most popular options for 5.56/223 ammo, as well as 9mm and many other calibers. This tariff increases the cost to 1000 rounds of 5.56 by about $100, and 1000 rounds 9mm about $50. At that point they simply cannot compete in the market against US manufacturing and most likely would slowly exit the market over the next year with the most popular products drying up first. Also, PMC's mother company, Poongsan Corporation, supplies US ammo manufacturers with a huge portion of copper strip used to make ammunition, which will drive up cost of US manufactures.

Example 2 - Prvi Partizan in Serbia was hit with a 37% tariff, and is a key supplier of metric rifle calibers, economical handgun ammo, and 5.56 FMJ ammo. This 37% tariff, if it holds, will totally force them out of business and you will see this manufacturer totally exit the US market over the next 6 months.

Example 3 - Igman in Bosnia, a key supplier of 7.62x39 and 7.62x51 ammo was hit with a 36% tariff, which increases the cost of 1000 rounds of 7.62x39 by about $180. No one will import it at all if this cost is added.

Example 4 - Sellier & Bellot in the EU (Czech Republic) was hit with a 20% tariff. This drives the cost of their basic 9mm FMJ ammo up $40 per 1000 and affects other products in a similar way, and at that point they cannot compete in the market on many popular products.

Source:

Tariffs On Imported Ammo Are Coming - Beat the Price Increase @ SGAmmo | SGAmmo.com

Thank you for subscribing to the SGAmmo.com newsletter. If you have trouble viewing this email you can see the newsletter at this link: Tariffs On Imported Ammo Are Coming - Beat the Price Increase @ SGAmmo

www.sgammo.com

The ol Sam Gabbert "I'm just shooting it to you straight" email, the same Sam Gabbert that canceled customer orders of 7.62x39 ammo around the time of the Russia import bans and then relisted at a much higher price.

Not saying there won't be tariff effects on guns and ammo, but there isn't a lot of light between Sam Gabbert "telling it like it is" and Sam Gabbert trying to move ammo.

 

[Skydog]

The ol Sam Gabbert "I'm just shooting it to you straight" email, the same Sam Gabbert that canceled customer orders of 7.62x39 ammo around the time of the Russia import bans and then relisted at a much higher price.

Not saying there won't be tariff effects on guns and ammo, but there isn't a lot of light between Sam Gabbert "telling it like it is" and Sam Gabbert trying to move ammo.

I can't speak to Sam Gabbert's honesty, integrity or motivations and I'm not here to defend the man's character. I've never had any personal interaction with him. Is he fear mongering to "move ammo" or is he giving his honest opinion based on his experience in the ammo business? I don't know. Readers will have to judge for themselves. His examples of what could happen seem reasonable to me.

All I know is that SGAmmo has been my go-to source for online ammo since 2019, and I have had nothing but very positive experiences. They seem to have good selection and prices, very fast and free shipping (for orders over $200), and the packages have always shown up in great shape. That last one is important to me because I can't say that about all online ammo retailers...I've received some packages from well-known retailers where the ammo boxes were loose in the box (very little or no bubble wrap, popcorn, etc. to secure/protect the ammo) and the ammo boxes inside were crushed, torn, etc. I will continue to buy from SGAmmo and recommend them to friends/family.

Just my experience...YMMV.

 

[fmyth]

I'm not sure! I got it in an email as like a bounce back coupon.

Thank you.

 

[Macintosh]

Well of course. And yes, it’ll affect things the moment a product enters the country after the tariff goes into effect.

That said, a 25% tariff is NOT going to result in a 25% price increase. The tariff is applied to the price paid BY THE IMPORTER. Beretta USA is the importer of tikkas for instance. Even if msrp is $879 on that tikka, thats not what beretta USA pays for that tikka. The gun retailer makes a margin when they sell it at 879. Then beretta usa makes a margin on it when they sell it to the retailer. And there may even be another layer of margin in there if there is a distributor in between beretta and the retailer. I dont know what the margins normally are in that industry, but suffice to say the prices will surely go up as a result, but they absolutely dont usually go up 20% as a result of a 20% tariff.

 

[Lee_R]

Gotta subsidize those billionaire tax cuts

Hopefully your comment is in jest? If not, please enlighten me how raising the standard tax deduction for all filers and lowering the tax brackets for everyone is a "billionaire tax cut"? Nearly half the adults in this country pay zero federal income tax and those seem to be the ones (along with the socialists) complaining that those of us paying taxes actually get a bit of relief.

 

[coast range]

Hopefully your comment is in jest? If not, please enlighten me how raising the standard tax deduction for all filers and lowering the tax brackets for everyone is a "billionaire tax cut"? Nearly half the adults in this country pay zero federal income tax and those seem to be the ones (along with the socialists) complaining that those of us paying taxes actually get a bit of relief.

Met with my accountant today, my wife and I are not rich at all. We are in the 23k to 90k bracket federal tax is 12%. 10% in the bracket below and 22% in the bracket above.

I’m not sure where you are getting you tax info

 

[Marbles]

Nearly half the adults in this country pay zero federal income tax...

Citing information that was a talking point for Mit Romney. The most recent available data is 31% for 2022, a ways away from nearly half, but nearly a third. Romney was pulling on the worst year on record since 1980 (2009), when recession drove incomes down enough that fewer people earned enough to own federal income tax.