Currently there is a 20% tariff going into effect on Italian guns beginning on July 15. Do you think that manufacturers will pass this along with a 20% price increase. Should we buy while we can at the current price.
Not so. BRUSSELS, July 7 (Reuters) - The European Union will not receive a letter from the United States setting out higher tariffs, EU sources familiar with the matter told Reuters on Monday, and is eyeing possible exemptions from the U.S. baseline levy of 10%.Currently there is a 20% tariff going into effect on Italian guns beginning on July 15.
Yeah that would be a real risk for a stocking dealer. I wonder how many will sit on the sideline until this levels out. Or maybe just order only after customer purchases.The gun shop owner further stated he thought the tariff might be lifted at some point in the future and he didn’t want to be stuck with guns in inventory that were higher cost. 🤔
See: US offers EU 10 percent tariff deal — with caveats . It is currently 10%, and if the reports are accurate, that's it. We will all know August 1, if not before.Currently
If you mean the proposed tariff rates set on "Liberation Day", they weren't set based on what other countries' tariffs were on us. They were set at half of the percent trade surplus--not half of what other countries traiffs were on us:Who knows what the EU tariffs on US goods is? It's high. The tariffs levied against EU countries where originally set at half what the EU was charging on goods imported from the US.