A FB posting from yesterday, popped on my feed again today:
"Wedge Mouthpieces
Yesterday at 05:19 ·
To all my customers in the United States, as you might or might not be aware, we are a Canadian company. As a result, according to news reports today, our mouthpieces will likely be subject to a 25% tariff as soon as the new administration assumes power a few months from now.
This will have a devastating effect on our company. We are a small business with a profit margin of well below 25%. As a result the burden of paying these tariffs will fall on our US customers. We cannot absorb them. Depending on how the tariffs are applied you could either be required to pay an import tax of 25%, similar to when we ship mouthpieces to Europe, or we will be required to pay it, in which case our prices will increase by 25% for US customers.
These tariffs are of course designed to prevent the movement of goods into the US from Canada. They will probably be quite effective.
So if you have been considering the purchase of a Wedge mouthpiece this is probably the time to do it, before the cost to US customers goes up by 25% or before we stop shipping to the US entirely.
In preparation for these developments we will be changing our marketing strategy to concentrate on markets outside the US. This is necessary if we are to survive as a company. So on a positive note you might be subjected to fewer Wedge ads.
It is of course possible that these tariffs will not be implemented. However I wanted to make sure that our many repeat customers and new customers were not caught off guard by a 25% increase in prices or by the inability to purchase a Wedge mouthpiece at any price in the US.
Sincerely,
Dr Dave"
And so it starts
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- EriKon
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Re: And so it starts
"Every nation has the government it deserves"
Joseph de Maistre
Joseph de Maistre
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Re: And so it starts
Maybe we will see a few Wedge mouthpieces over here (Sweden) in the few shops we have left if the company needs a new market. We do pay a few % in customs (think 3%) already, but we have another tax of 25% (moms) we pay on everything we buy even things made in Sweden. We have those insane high prices here on everything we buy plus we have to pay for shipping if we import.
/Tom
/Tom