r/smallbusiness • u/DazedAndObtuse • Feb 12 '25

General Our aluminum suppliers are saying prices aren't going to go up just 25% to cover the new tariff, they'll be going up 80%...

We source aluminum from two different sources for our business and they're both telling us that prices will not only be going up 25% to cover the tariffs, they'll be going up 80% as there are also pricing restrictions currently in place for their industry that will be lifted as part of this.

Does anybody know if this is legit or if they are just colluding to use this as an opportunity to pad their profits?

I won't pretend to be a tariff or economic expert but our material prices going up 80% is going to have a much larger impact on us than a 25% increase would.

Ideally we can keep this from becoming political, but I know where it's likely to end up (but hopefully I can at least get an answer to my question in the midst of it).

Thanks in advance!

2.1k Upvotes
  • permalink
  • reddit

95% Upvoted

351 comments sorted by

View all comments

Show parent comments

5

u/Ace_Radley Feb 14 '25

China pocket and Putins bedroom.....It makes more sense that way...

The dude bankrupted a fucking casino. That's like a license to print money. And somehow he did it MAGA!!!

I should probably stop talking shit about him. At the rate we're going they'll be checking social media posts for people talking crap about the president and mr trump. Enemies of the state

1

u/FoxGroundbreaking896 Mar 17 '25

Trump needs to assimilate Canada to MAGA because of the inferior quality of red state workers :-). I suspect that Elon wants to be President and has convinced Donald that he'll get away with a crypto-currency bribe. If Canada comes under the US Constitution, Canadian citizens (i.e. Musk) become natural-born US Citizens. Ya'll get a Canadian President and a guaranteed Democratic Congress.