Forum Discussion
WTP-GC
Jul 18, 2019Explorer
gemsworld wrote:
Fuzzy math at best to think a 25% tariff translates only into a 2.5% price increase at the consumer level. The article states tariffs are responsible for a 5% increase in the cost of new RVs. A 5% increase on a $30 purchase isn't noticeable but it certainly is when considering a new $100K+ toy. There is a link in the article worth checking that shows the different price increases on components used to build a typical cargo trailer in the US.
A 5% increase on a $100K toy is only $5K. Is that enough to keep someone from buying that particular toy? Heck, there’s 5% difference in sales tax between some states.
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