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Discussion Starter #1
Just got an e-mail from Broadway Imports Limited, warning me of the higher prices on the way due to tariffs on China......

August 8, 2019

IMPORTANT TARIFF IMPACT NOTICE

for BLI End Consumers



On September 1, 2019, the US will impose a 10% tariff on Chinese imports which will affect Broadway Limited Imports products arriving on or after September 1, 2019. Please see the table below for the price increases for five projects that have already been announced, but arriving after September 1—HO PRR T1, HO Baldwin Sharknose, HO GG1, HO EMD F3, HO Streamlined PRR K4. This price increase of 7% is effective retroactively, regardless of whether a preorder has already been placed. Broadway Limited Imports reserves the right to make additional tariff-based price increases depending upon delays (manufacturing or otherwise) that push additional previously announced products into the window of the September 1 tariff. Future announcements will have the tariff already factored into the price.

If you have placed preorders for any of the projects below, please expect to hear from your dealer regarding the price increase on your reservation. We apologize for the inconvenience
I would expect others will follow......
 

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Discussion Starter #3
They would have to eat the pre-order prices, if the product does not get delivered until after the tariff date.....and we all know that the companies are not going to eat it...they are going to raise prices....

That'll teach those Chinese! :rolleyes:
 

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They would have to eat the pre-order prices, if the product does not get delivered until after the tariff date.....and we all know that the companies are not going to eat it...they are going to raise prices....

That'll teach those Chinese! :rolleyes:
China is in the process of devaluing their currency. Broadway Limited will be paying the same and raise the price to make more profit. And everyone will be happy to continue to buy more slave labor made Chinese made plastic polluting junk.;);):D
 

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Which has nothing to do with this thread's topic.....:eek:hwell:
Correct. Back on track 1.

Broadway Limited Imports owned by Robert Grubba. Wasn't he with Lionel at one time when the lawsuits began between MTH and Lionel. ??

How does Broadway Limited HO compare to MTH HO. ?
 

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I get the impression mth is not deep in the ho market...anyway perhaps bl already paid it all in yesterdays exchange rate. We don't know...
 

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Because it will still be cheaper than the plastic polluting junk that they can make here.....;)

As for China devaluating their currency, well, you asked for it.....

https://beta.canada.com/investing/investing-pro/the-twisted-logic-behind-trumps-claim-that-china-is-a-currency-manipulator/wcm/b1d279fb-49da-4997-a40e-593abb9d5264/amp/
Not to push this into a political debate, but Old Hobo is absolutely right. Despite the announcement by our Treasury Secretary, China does NOT meet the US Treasury's guidelines for currency manipulation, and pretty much anyone who understands the issues has said, "um, no." It's political grandstanding and trying to win a few cheers at the next rally.
 

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Correct. Back on track 1.

...

How does Broadway Limited HO compare to MTH HO. ?
In what sense? Packaging? On-time production and delivery on pre-orders? Quality? Pricing? Reliability? Accuracy? Running quality? Frequency of repairs? Turnover time on rolling stock returns for repair? Customer service? Litigious aggression?
 

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Discussion Starter #16
No, it was started as a discussion about model train prices going up.....we aren't supposed to talk politics, so please stop.....:eek:hwell:
 

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No, it was started as a discussion about model train prices going up.....we aren't supposed to talk politics, so please stop.....:eek:hwell:
Call it what you want but with the word tariffs in the title it is political. Just your hidden way of pushing your agenda. :D:D
 

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It doesn't seem political to me to simply report on an economic action a result of govt policy. To me a political statement would be an opinion specific to a political party or actor ... And since these kinds of things can't be won argument wise they usually result in personal insult in an attempt to win it... Which rarely succeeds... None of which actually bothers me personally... But I suppose there's a case to be made that endless bickering on the forums is endlessy tiresome etc...
 

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Discussion Starter #21
And do you know who that was? It was Vincent.....he decided to leave on his own.....nothing I can do or say can make anybody do anything......unless they are hopeless....

Anyway, back to the price of trains...you have re-directed this thread yet again.....maybe that's your agenda.....:laugh:
 

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There is upward pressure on prices in the model train market due to unexpected tax changes on certain import goods... Ok?
 

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Anyway, back to the price of trains...you have re-directed this thread yet again.....maybe that's your agenda.....:laugh:
Has Canada placed tariffs on crap from China. If not then Broadway Limited could ship the items to Canada. Problem solved.

Does Broadway Limited have their own factory in China like MTH. Have you seen anything that MTH is going to raise prices

But then maybe Broadway Limited is using this as an excuse to make more money. Can't trust those evil American companies.

Are there no Canadian companies that could get in the business. Or is Canada too small a market for toy trains ?
 

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Can you say RAPIDO? Try hard now.....:laugh:
Never heard of them. Do they make Prewar 2 tinplate type toy's.

OK, just looked up RAPIDO.

https://en.wikipedia.org/wiki/Rapido_(train)
Rapido was the brand name for the Canadian National Railway's (CN) express passenger train service in the Quebec City–Windsor Corridor. Rapido service was introduced on October 31, 1965 and lasted until the end of CN passenger train service with its transfer to VIA on October 29, 1978.
 

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Hey, just found some more stuff.

Making Model Trains at the Rapido LRC Factory

If Canada does not have tariffs on China you can get all the RAPIDO you want made by Chinese children.

Why even be concerned about Broadway Limited.
 

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Discussion Starter #29
Hey, just found some more stuff.

Making Model Trains at the Rapido LRC Factory
See, I knew you could do it....if you ever ventured out from the Union Station section, you might know more about actual model trains, instead of just stirring up stuff on everything but......:eek:hwell:

And anyway, the e-mail I received on this was from BLI, so that was my concern, even though I don't have any BLI stuff.....if it had come from any other manufacturer, I would have posted that.....

But as I said, I wouldn't be surprised if more manufacturers will be hit with this as the days move on.....
 

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Most companies if not all companies will pass on any increase in expenses to operate onto the consumer. I had read that the Treasury Dept has collected 62 billion in Tariffs so far, maybe they can return that to the American taxpayer via their Federal Income Tax filings.

Bill
 

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Call it what you want but with the word tariffs in the title it is political. Just your hidden way of pushing your agenda. :D:D
Every thin is political to a lefty. Even their breakfast cereal. They just can't help themselves.

And how do you like buying toys from a country that has real, actual concentration camps? Would you have bought Marklin from Germany in the 1930s?
 

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Every thin is political to a lefty. Even their breakfast cereal. They just can't help themselves.

And how do you like buying toys from a country that has real, actual concentration camps? Would you have bought Marklin from Germany in the 1930s?
And it appears political to you too.
You do realize that almost everything you buy or use is either manufactured in or assembled in or contains PRC manufactured parts in it...so you too are supporting and buying from a country that has real, actual concentration camps. Welcome to the 21st century. :D:D:D
 

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I think overall the long history of US policy toward China must certainly be seen as one of failure. It started in the 74 I think when nixon "opened China". But this was in the context of the cold war and to my knowledge had nothing to do with economic interests. Some time around deng xioa peng they decided to abandon their economic model and move to a more free market model less political freedoms.
I can clearly recall hearing over and over from whatever talking head got air time that it was "inevitable" China would politically liberalize as a consequence... Didn't work at that way. So now we have just about a 20 trillion per year China with regional ambitions that is surely not our friend but also surely not an enemy in direct conflict either to deal with.. And absolutely not a clue what to do about. Clearly this is something that occurred over a 40 year period ... Under administrations of all stripes...so there's no easy fix and any better solution will take years of effort through multiple administrations...
 

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Well, then, somebody better tell BLI to lower their prices then.....
Hey, wait until the big $15 kicks in and everyone's wages go up accordingly. The price of everything will be going up.

But since everyone will be making more money they can afford it. Problem solved. ;):D
 

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Here is a link about tariffs. It maybe too early to tell though.

https://www.breitbart.com/economy/2019/08/09/prices-fell-in-july/
It's not too early to tell, you just have to understand how tariffs work.

Tariffs don't raise prices. What they do is force importers (NOT the country against which the tariff is invoked) to pay an additional fee to import the item. Importers may chose to pass this cost on to the consumer as a higher price, or not. Many chose not to, especially at first, because the higher price makes their goods less competitive. Often they will find a way to reduce costs somewhere else. The problem is that as the cost of the tariff drags out over time, it can get harder and harder to offset the cost

Even if some suppliers do end up raising prices, that doesn't necessarily mean that the price increase will be felt throughout the broader economy. Goods with very elastic demand can drive people to purchase substitutes instead, with the result that price indices may actually fall.

And of course, there are other issues with tariffs, most notably retaliation. Ask anyone in the Agriculture industry, which sells a lot of products to China, how well things are working out.
 

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Hey, wait until the big $15 kicks in and everyone's wages go up accordingly. The price of everything will be going up.

But since everyone will be making more money they can afford it. Problem solved. ;):D
There is no direct relationship between an increase in minimum wage and prices for goods. COSTS will increase, but that doesn't necessarily mean that the business will find it necessary to raise prices. It also doesn't necessarily affect wages for any other employees at the company. It COULD, but it's not guaranteed. Only small business operating with very thin profit margins have no choice but to raise prices, and even then, unless the demand for that company's products is inelastic, they may not chose to do so.

And since wages at the low end of the scale are generally not saved by those who receive them, the immediate economic benefits generally offset the higher costs over the broader economy.
 

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There is no direct relationship between an increase in minimum wage and prices for goods. COSTS will increase, but that doesn't necessarily mean that the business will find it necessary to raise prices. It also doesn't necessarily affect wages for any other employees at the company. It COULD, but it's not guaranteed. Only small business operating with very thin profit margins have no choice but to raise prices, and even then, unless the demand for that company's products is inelastic, they may not chose to do so.

And since wages at the low end of the scale are generally not saved by those who receive them, the immediate economic benefits generally offset the higher costs over the broader economy.
That's fabulous news. Now I don't have to be concerned with prices going up. Means more money in my pocket.

So what about the restaurant service help that only get a little over $2 an hour because they get tips. If they now will be getting a living wage we won't have to tip them. I always tip 15 to 20%. I may eat out more. The meals will be cheaper if we don't have to tip.
 

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There is no direct relationship between an increase in minimum wage and prices for goods. COSTS will increase, but that doesn't necessarily mean that the business will find it necessary to raise prices. It also doesn't necessarily affect wages for any other employees at the company. It COULD, but it's not guaranteed. Only small business operating with very thin profit margins have no choice but to raise prices, and even then, unless the demand for that company's products is inelastic, they may not chose to do so.

And since wages at the low end of the scale are generally not saved by those who receive them, the immediate economic benefits generally offset the higher costs over the broader economy.
My local car wash was 20 to vacuum and wash my truck.Last time I went in it was 24 and I asked what happened. They said the minimum wage went up.
 
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