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  #1  
Old 07-28-2018, 10:49 AM
James Tanner - Bryston James Tanner - Bryston is offline
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Default New Prices Tariffs

Hi Folks,

Just a heads up that due to the new Tariffs in the USA we will be having a price increase on Bryston products as of September 1st 2018.

james
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Old 07-28-2018, 10:59 AM
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Thanks for the advanced notice.

Will the increase apply in the domestic market (Canada) too?
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Old 07-28-2018, 11:43 AM
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Isn't there supposed to be a detente on tariffs for non auto related?
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Old 07-28-2018, 12:59 PM
James Tanner - Bryston James Tanner - Bryston is offline
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Quote:
Originally Posted by Stefan_DR3 View Post
Thanks for the advanced notice.

Will the increase apply in the domestic market (Canada) too?
Hi

Yes world wide as we purchase a lot of our parts from the USA.

james
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Old 07-28-2018, 01:02 PM
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Quote:
Originally Posted by 62caddy View Post
Isn't there supposed to be a detente on tariffs for non auto related?


I think it’s actually a detente on auto tariffs, but that’s with the EU, not Canada.
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Old 07-28-2018, 01:08 PM
James Tanner - Bryston James Tanner - Bryston is offline
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I was just informed on Friday that our metalwork costs are going up 17%

James.

Last edited by James Tanner - Bryston; 07-28-2018 at 01:10 PM.
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Old 07-28-2018, 01:35 PM
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James, what will be the percentage increase be for Bryston products? Will the increases be across the board or will it vary from product to product?
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Old 07-28-2018, 01:40 PM
James Tanner - Bryston James Tanner - Bryston is offline
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Quote:
Originally Posted by Mr. Big View Post
James, what will be the percentage increase be for Bryston products? Will the increases be across the board or will it vary from product to product?
Hi

I assume across the board as we use very similar manufacturing parts throughout many of our products. The cost accounts are looking at everything now.

James
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Old 07-28-2018, 01:49 PM
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Default New Prices Tariffs

Quote:
Originally Posted by James Tanner - Bryston View Post
I was just informed on Friday that our metalwork costs are going up 17%

James.


Interesting. That implies they are using foreign steel & aluminum (possibly imported from Canada), then exporting the chassis parts to Canada for final assembly at Bryston. I wonder if there’s a chance for a double tariff as parts cross the border multiple times?

Last edited by Stefan_DR3; 07-29-2018 at 04:54 PM.
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Old 07-28-2018, 02:28 PM
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Quote:
Originally Posted by Stefan_DR3 View Post
I wonder if there’s a chance for a double tariff as parts cross the border multiple times?

I used to work in logistics handling customs issues, and if it hasn’t changed recently, under NAFTA if goods are hit with double duties when re-crossing the border, the importer of record can apply for a duty drawback in the amount of the lesser of the two duties paid. For example if Bryston Canada imports components from the US and pays $100 duty, then Bryston US imports the finished product into the US and pays $120, they can apply for a refund of $100 paid on the original components.
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