Thread: tariffs
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      07-01-2018, 01:05 PM   #13
kivyee
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Bottom line is, if all the manufacturers are facing similar tariffs you can bet your last dollar that they will just pass it right on to the consumer. They might be willing to absorb it if one manufacturer was subject to a tariff but most of the others weren't...said manufacturer will potentially absorb some of the tariffs to remain competitive.
That being said, if there was an expectation that this will only be a short term pain I could see them potentially absorbing the tariffs to retain/increase market share.
My guess is that everyone will raise their prices and the tariffs will flow right through to the consumer...
In terms of dealers honouring the contracted price if tariffs do go up, they will mostl likely increase the price and hope you accept the new price. They will be in breach of contract, but your remedy is either a lawsuit or you can get your deposit back with no penalties. Read the fine print of your sales contract, if it specifically mentions duties/tariffs.
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