Are we having fun with the tariffs yet? With so many things that we buy being manufactured in China, it's about to get expensive really quickly. The proverbial death by a thousand cuts. The best position to be is not needing to buy anything beyond pure sustenance for the foreseeable future.
Or you had the foresight to buy the things before the tariffs hit. Anecdotally, I've heard of people buying new cars before foreign-produced vehicles get taxed. Another person bought the made-in-China MacBook Pro before Apple has to figure out how to pass along the cost of a 145% tariff on Chinese imports. I'm going to convince my dad to upgrade his iPhone 11 somewhat soon.
I myself bought a set of bumper weight plates from Rogue Fitness. The plates are made in China, of course. As of this writing - April 11th - the price for the same set has already increased $25. Surely it will go up even higher still when inventory gets replenished with shipments coming after the tariffs went into effect.
Or maybe not? The directive coming out of the White House is so inconsistent. Hard to predict how much inventory will cost in two weeks' time because tariffs might not be a thing anymore. And then a few days later, it may be back again!
The people who are truly getting fucked over are the small businesses with a Chinese supply chain. You can easily imagine the situation where an order was made before the tariffs, but it shipped after the tariffs. Congratulations, your cost of goods sold is so expensive that you no longer have a viable business.
Better move that supply chain to the States, am I right? (Sarcasm.)
Sweet little kitty.