The article discusses the impact of President Trump's tariffs on the US music instrument market, as highlighted by Brian Fair, a musician and distributor at St. Louis Music. Fair reports significant increases in landing costs for instruments due to tariffs on overseas production, which will lead to higher consumer prices. He expresses concern for local music stores already struggling financially, emphasizing that the tariffs are causing lasting damage to the market. Fair also notes that even domestic manufacturers might raise prices in response to these market changes.
I work for a company that owns a variety of instruments brands: guitars, percussion, orchestral strings, brass, woodwinds etc. our landing costs have sky rocketed and those costs are being turned into higher prices that will be unfortunately be handed down to the consumers.
I work directly with Main St. brick and mortar music stores, some that are barely scraping by. These increases, no matter how small, will make it even more difficult for these stores to survive. I am by no means an expert on international trade but I am seeing the damage caused by these tariffs first hand and this is just the beginning.
Hope there is still a market left once the dust clears.
the idea that domestic or other manufacturers that are NOT affected by tariffs won't raise their prices to match the market have not.
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