THE INCREASE IN tariffs will be felt everywhere, including Second String Music. We received an ominous email from one of our major suppliers Friday, and it warns that prices are going up after the next round of tariffs later this month.
A lot of retailers are stocking up before the prices rise. We can't do that. We are careful about what we buy and we try to offer internet-friendly prices, as best we can. That being said, expect prices to rise, and significantly rise, as the year wears on.
What really worries us is that suppliers are saying items are out of stock. We have enough trouble getting quality guitars in the store, like our amazing Takamine acoustics. A fresh batch arrived today after many months of delays. The struggle will hit home sooner than you think.
If we can't order stock, we can't stay in business. But hey, we're tough, just like the American farmer. We can take it.
This whole business of "short-term pain, long-term gain" is utter bullshit. I don't believe a word that comes from the White House, and they couldn't care less anyway. I'll stop now.
We are battered by cheaper online sales, sales tax, property taxes, building costs and just trying to pay the mortgage. So what's a minor thing like tariffs going to do?
I'm all about buying American. But we as a country are all about WalMarting our way through life and getting the best deal possible, no matter where items are made. Unfortunately, most are made overseas.
We'll wait and see what happens with tariffs. But be prepared to pay more, and let's hope we can take it. Shop local, small business to ensure your own economy stays as strong as possible in the upcoming and unsure economy. We are bracing for a storm.