Tariffs hit RV prices
In today's Wall Street Journal, Michael Happe, CEO Winnebago, " We've had to go to market a bit more frequently and a bit more aggressively with some price increases as of late" They are also modifyin...
Forum Discussion
RTCastillo wrote:
So very true. And China just shifted sourcing of soy and kidney beans from Brazil. While we in turn gets higher prices for aluminum and steel in add-on tariffs for steel and aluminum from Canada, China and even domestically.
This seems not to be a winning proposition for us US consumers.
You do realize, these are fungible products?
- Presumably they were not buying from Brazil because Brazilian prices were higher. Most likely due to higher shipping costs.
- Whoever was buying from Brazil still wants to buy beans but if Brazil is selling to China, someone else...like the USA...will supply those beans.
Yes, there will be some short term turbulence but after the first year, there should be no significant impact other than China likely will pay a bit more since they aren't buying from the cheapest source.
