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> High tariffs just became real with our first $36k bill

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Phillip_McCavity
#1 2025-05-11 21:10:12

High tariffs just became real with our first $36k bill

https://blog.adafruit.com/2025/05/08/hi … -36k-bill/

We’re no stranger to tariff bills, although they have definitely ramped up over the last two months. However, this is our first ‘big bill’, where a large portion was subjected to a 125%+20%+25% import markup. Unlike other taxes like sales tax where we collect on behalf of the state and then submit it back at the end of the month, or income taxes, where we only pay if we are profitable, tariff taxes are paid before we sell any of the products and are due within a week of receipt which has a big impact on cash flow.

In this particular case, we’re buying from a vendor, not a factory, so we can’t second-source the items (and these particular products we couldn’t manufacture ourselves even if we wanted to, since the vendor has well-deserved IP protections). And the products were booked & manufactured many months ago, before the tariffs were in place. Since they are electronics products/components, there’s a chance we may be able to request reclassification on some items to avoid the 125% ‘reciprocal’ tariff, but there’s no assurance that it will succeed, and even if it does, it is many, many months until we could see a refund.

We’ll have to increase the prices on some of these products, but we’re not sure if people will be willing to pay the higher cost, so we may well be ‘stuck’ with unsellable inventory that we have already paid a large fee on.

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#2 2025-05-11 21:23:58

Re: High tariffs just became real with our first $36k bill

adafruit said that?
aaahhh

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#3 2025-05-11 22:07:21

Re: High tariffs just became real with our first $36k bill

Are you going to bail her out, Phil? It would be the right thing to do.

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Heekee
#4 2025-05-11 22:51:17

Re: High tariffs just became real with our first $36k bill

Let em choke on the inventory, its time to end slavery for real rockon

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#5 2025-05-11 22:53:16

Re: High tariffs just became real with our first $36k bill

Heekee wrote:

Let em choke on the inventory, its time to end slavery for real rockon

But the GDP!
\
trev

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#6 2025-05-12 00:32:16

Re: High tariffs just became real with our first $36k bill

wrote:

Are you going to bail her out, Phil? It would be the right thing to do.

Single mom is about to tighten her belt.

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#7 2025-05-12 00:52:24

Re: High tariffs just became real with our first $36k bill

As an outsider, I decided to research this topic:

I googled "Ladyada"

Up popped Limor Freid.

And 10 pictures of what is best described as SJW.

53 pictures of pink hair.

I quit researching there. 99% of normal humans would have the same reaction.
Closed google. Forgot her name. Will forget this thread shortly.

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anon user #3
#8 2025-05-12 01:33:07

Re: High tariffs just became real with our first $36k bill

I mean it is pretty ironic.  They elected Trump because of inflation.  So what does Trump do?  Within 100 days he raises the price for a lot of good 25%+.  If Biden did this, the Baggers would be declaring 1776 and tarring and feathering him in the streets.

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