Tariffs

[Redmt]

Please don't make this a political pissing war. I'm wondering what impact any of the tariffs have had on you. I figured that based on our lifestyle and stage in life that the impact would be minimal. It's not a major impact but our propane bill went up by over $0.50 per gallon. The price has been pretty stable for years hovering around $2.35-$2.40 . This last fill was $2.97. I understand that most propane comes from Canada.

 

[rjthehunter]

In before the lock!

A couple % raise in some building materials. Nothing major!

 

[Lostinthewoods]

In before the lock!

I'm super confident that people will read his first sentence and not turn this into a pissing match!

 

[Alpine01]

Day-to-day impact - not really seeing anything yet. Impact on retirement funds given recent stock market jitters - yeah. Will have to see how things go over the next couple of months though to see if it is long-term or just short-term volatility.

 

[longbow51]

90% of natural gas is domestically produced; about 10% comes from Canada. We exported much more in 2024, 9% more than the previous year. Global prices, due to demand for both manufacturing and heating, also increased, and January was colder than average.

Might be some price gouging in your area though; avg retail up $2.51/gallon vs. $2.44 last year, or perhaps you don't have pipelines and shipping costs are up as well?

 

[SAJ-99]

Please don't make this a political pissing war. I'm wondering what impact any of the tariffs have had on you. I figured that based on our lifestyle and stage in life that the impact would be minimal. It's not a major impact but our propane bill went up by over $0.50 per gallon. The price has been pretty stable for years hovering around $2.35-$2.40 . This last fill was $2.97. I understand that most propane comes from Canada.

Probably a regional thing. US exports 2m brls of propane each day.

No one will have seen the impacts of tariffs yet, mostly because they haven't been put on or they haven't been on long enough. Most price hikes are trying to front-run them so a manufacturer doesn't have to eat the cost.

 

[Dave N]

I'm super confident that people will read his first sentence and not turn this into a pissing match!

Welcome to Hunttalk!

 

[Bigjay73]

25% increase on items coming from Canada, anywhere from 5-10% increase on domestic items. Now, we were due for normal yearly price increases as well, so some of those costs were expected.

 

[Rainer]

I feel sorry about the Agriculture Tariffs that will start on April 2nd. A 40% increase in all imported food..... Stock up on your coffee ladies and gentlemen

 

[TheBenHoyle]

My current employer is floundering do in large part to the fallout from inflationary price increases back in 2023 that were mismanaged. And we are just now beginning to get tariff price increases from our suppliers, so I am sure that is going to help that situation out.

I am looking for a new job since I don't have any confidence in the mid- to long-range health of my current employer. My take on the job market in my field is like being on a raft in choppy waters.

There was a decent amount of postings and interest in September and then in October it was like the tap shut off. I took that as a pause to see what would happen with interest rates and the election.

In late November it seemed like things picked up again, but ti was very short-lived, due mostly to the lack of business getting done over the holidays..

In January, things started to pick up and I felt like I had a real good shot at a nice step forward in my career, but per the recruiter that company does business on several continents and the tariff situation had caused them to pause all of the near-term plans as they worked through the impacts.

I have had quite a bit of other interest and interviews in the weeks following that missed opportunity, but I should note that in the last two weeks, it is like the tap has shut off again. Very few new postings and a lack of interest in my skill set. I feel like that is tied to the overall lack of clarity in which way the economy is going. Tariffs are announced, then rolled back, then new tariffs are announced.

It is not a good environment for business leaders to make good choices and it will have effects that may not be realized in prices for months.

 

[Forkyfinder]

Long lead times, higher prices (a few percent) and panic buying.

Its been the story of my career with the end of the economy slump in the early teens, tariffs rd 1, covid, and now this.

 

[BigHornRam]

I'm watching lumber prices right now, since I'm getting ready to start construction on my new home. It's only one house framing package, so not overly concerned. If a little higher lumber prices help keep remaining US lumber mills open, I'm fine with that.

Framing Lumber Prices

Stay updated with the latest framing lumber prices from NAHB. Get insights into the U.S. framing lumber pricing market and understand trends to explain why wood prices are going up or down.

www.nahb.org

 

[SAJ-99]

If a little higher lumber prices help keep remaining US lumber mills open, I'm fine with that.

Remaining? I think the point is to start new lumber mills. That takes some time, but I don't see that the same issues that faced Pyramid can be avoided. Mostly I expect the biggest firms to expand capacity.

 

[BigHornRam]

Remaining? I think the point is to start new lumber mills. That takes some time, but I don't see that the same issues that faced Pyramid can be avoided. Mostly I expect the biggest firms to expand capacity.

I suppose the remaining mills will expand capacity if they can source more saw logs that are economically deliverable to their mills. If you want to start up a new mill, a better option would be to take your wad down to Vegas and throw it down on red or black.

 

[rjthehunter]

I'm super confident that people will read his first sentence and not turn this into a pissing match!

I admire the optimism!

I consider myself an optimist, but I've been working on being more realistic with certain situations, like these

My propane price didn't change when I filled last week. What I can tell you is propane is way up since 2020.

 

[Jamen]

i am in weed management. Got the announcement last week at our state board of directors meeting. Our industry rep said starting Wednesday look to see prices be 15-25% higher on products that have ties to overseas. A good amount of tech is made for chemicals overseas. Sucks for us Govt managers where our budgets are fixed so an increase will result in a decrease in services.

 

[morley.tyler]

No one will have seen the impacts of tariffs yet, mostly because they haven't been put on or they haven't been on long enough. Most price hikes are trying to front-run them so a manufacturer doesn't have to eat the cost.

This is correct, but as a Sales Manager for a domestic manufacturer that gets some of our raw materials from outside the US, I'm starting to get notices from the supply chain team and Executive Leadership that the moment things get finalized, we'll see price increases. We've had the harder conversations with major customers, and we will pass those costs along as a price increase.

 

[FairWeather]

The only thing so far is that I was planning on buying a truck in 6-12 months. That’s all but dead now, if these auto tariffs actually stick. Luckily I don’t actually NEED it, rather just want it.

Being in the early stages of retirement investing, I’m kind of hoping for a mild recession so I can buy low and still have 30 years for it to build afterwards. Might be the only fallout that benefits me in the long run.

 

[morley.tyler]

I feel sorry about the Agriculture Tariffs that will start on April 2nd. A 40% increase in all imported food..... Stock up on your coffee ladies and gentlemen

Wine and Whisk(e)y are gonna be a real problem. Thankfully, I'm a Bourbon and not a Scotch guy.

 

[TOGIE]

found $0.99/lb pork butts at the krogers yesterday, bought 3 on top of the 2 i had.

shoulda bought 4.

scotch going up is gonna suck. luckily i basically don't drink anymore.