Yeap. Already got another post "flagged " as inappropriate & offensive by someone who didn’t like me saying something about the taxes that will be soon coming from the one who cannot be named … So to prove that I’ve learned from “the past” lessons (as going about it won’t change a thing anyway), I’ll do the same and keep my (elephant) “nose”… clean.
How many 3D printers are made in the US? The answer is NONE of the more popular ones. Prices will go up across the board. Yes this will affect overall industry sales.
However, it won’t affect position as far as who the market leader is . . . unless a US made printer comes out that can go head to head with the best FDM or resin printers.
A US designed printer that can compete might appear (doubtful though with all the tech companies more interested in DEI than in talent), but unless they can find a US company to make it, It won’t matter.
Common now. Be a good sport…and a patriot, and just buy the bloody Stratasys filament… it’s going to be so cheap compared with the costs of imports… and if you’ll buy often enough, you might make a Xmas miracle come true: bring Stratasys’ financial situation from “red” to “black” .
He’s a smart guy, a 50% chance of a 20% tariff would probably warrant putting in place some contingency plans and the ability to ramp if needed.
He could easily become the largest 3d printer manufacturer in the US in a year. Filament not so much, there are multiple industrial scale ones in the US now. His ambitions on that front seem so wildly optimistic as to be unattainable even in 3 years, let alone 1.
The money has to come from somewhere. Cost of goods to manufacture stuff overseas won’t change. Vendors and resellers here will be the ones to pay the tariffs and that will get passed to you and the rest of us in the US.
Don’t think that’s how it works? Look it up. Tariffs are a tax on goods made in other countries. They just get added to whatever bit and bauble. We are going to be seeing significant price increases on foreign-made goods.
Don’t believe it? Ask folks in high tariff / import duty countries how much foreign goods cost for them. You got sold a pig in a poke.
And those increased taxes will have direct repercussions on the price the end-users pay. The higher the tax, the higher the end price .
The reasoning behind raising the taxes is both simplistic and perverse; increase taxes (1) to make their access to the US market more difficult/costly (intention being protecting national manufacturers from being overstepped by foreign ones) and (2) those taxes will be paid indeed by the end consumer, the price rendering the imported products way to expensive for internal consumption, and thus pushing (the government thinks) the end consumers (you) to drop the expensive imports, and spend instead more on national made products (those established in the US). Nevermind that nobody among the national manufacturers can possibly deliver the type of product you need and want. That doesn’t count for the government. What counts is to get their message across, the additional costs on their people be damned. This is how trade wars (import/export tariffs) are fought, and it has been always the end consumer who pays the entire bill. You want imported products because the national ones don’t respond to your needs or aren’t technologically or qualitatively at par with what you used to buy from import? No problem, you can still buy imported again, only it will cost you much more, way more than you paid before… so much more that you will definitely have to start asking yourself whether is really worth paying that much or settle for your local/national brands.
If price will go so high due to import taxes, there will be less end consumers buying them, thus less vendors willing to import them while paying higher import taxes. Result? You’ll have to buy Stratasys more often than you think, and despite being very expensive, it will still be less expensive than the price you gonna have to pay for any imported goods
When one nation retaliates against another by raising import taxes or imposing other limitations on the latter’s imports, it is known as a trade war . It is an economic war that arises as a result of excessive protectionism, in which governments raise or impose tariffs or other trade barriers against one another.
In general, a country will pursue protectionist measures to protect native firms and products, as well as its employment, against foreign competition. Protectionism is a strategy for reducing trade imbalances. Tariffs, import quotas, domestic subsidies, currency devaluation, and embargos are all examples of trade obstacles employed in trade wars. When a country’s imports outnumber its exports, it has a trade imbalance. That’s what’s happening with the US for quite a while. There’s a significant trade imbalance, where US manufactured products are less exported (less bought) than those the US imported.
Trade restrictions can safeguard US sectors in the short run. However, in the long run, they are typically detrimental to the economy (any economy) as a whole. A tariff is a levy or fee levied on products entering a country. A trade war in a global economy may be highly destructive to both end consumers and businesses, and the contagion can spread to impact many economics areas.
Tariffs put on China, US supplier buys from China, pays the % tarrif increase to China to get China goods in US. Supplier says that costs too much, we’ll source elsewhere. China loses business. China starts importing more US goods to equal out trade deficits, tariffs go away.
That’s how it’s supposed to work anyways.
Edit to add, obviously certain goods/products can be excluded from tariffs. Steel is a major tarrif target since China undercut US steel manufacturing that US suppliers started buying from China as opposed to US steel plants. This drove the US steel industry nearly completely out of the US. The first time he put tariffs on steel imported from China, a steel plant was reopened in Pennsylvania.
Y’all are only focusing on Bambu printers but it very well could exclude such products.
Sadly, a trade war doesn’t work that way. And the US has already a long history of trade wars with various nations around the world (China, Canada, European Union, etc.) None of those trade wars have ever achieved something significant for the US workforce or US end consumers.
But I’ll let you discover by yourself how actually trade wars work and what is their real impact…and on whom. Then, if still uncertain, we could talk.
The thing is, it ain’t China who’s in trade deficit, the US is. It is the US who imports way more products than it exports, thus generating a significant trade deficit (trade imbalance) which now it needs to address, only instead of addressing it through increased quality and innovation , it addresses it by a trade war. Short term, might seem to bring in the desired results. Medium- to long- term… it will not be tenable and it will spell economic systemic failure.
Age ain’t an argument, but since you brought it in, I’m older then you (and wiser - i hope) and have been trough, and have personally experienced, the outcomes of several trade wars between various nations… It’s not the government that pays the trade war bill, it’s the people (end consumers), through higher prices, less choices, lower quality.