Tracking toy tariffs

hmmberto said:
I have a vague memory of something that I think happened during Trump 1, but I could be mistaken. I remember what was basically a temporary price hike on Marvel Legends - basically a new wave went up for preorder at a higher MSRP (maybe $22.99, up from $19.99?) - and then either the MSRP went down on that wave later on, or the next one was back to the lower price. I think the general consensus was that Hasbro upped the price in anticipation of the China tariffs Trump was talking about, but ended up bringing it back down when those didn't go through. This was before there was a tariff threat every other day and they were trying to be proactive instead of waiting to see what actually happened.

Obviously tariffs DID eventually go through, and between that and covid supply shocks the price went up several times. But am I misremembering the "temporary" tariff hike that Hasbro did and pulled back on?
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Yes, that definitely did happen in mid-2019. Trump threatened a 15% Chinese tariff somewhere around June 2019, and Hasbro explicitly said they were raising prices to $21.49 on their adult collectible $19.99 figures to compensate which was exactly a 15% hike. By October they had fallen through, and that new price only ended up applying to one wave I followed--the Black Widow movie wave with Crimson Dynamo as the BAF. I mean I assume they did it to all of their products, but I was only buying Marvel Legends and Star Wars Black Series at the time.

This time he's changing his mind so freakin' often that companies don't know what to do. If there's any consistency or duration to the tariffs we're definitely going to see a hike on pretty much all factory-manufactured goods within a few months. Him changing his mind back and forth is the reason the market is tanking more than the fact that he's tariffing at all; if he had come out with the "Liberation Day" idea to liberate the masses from their money to line rich people's pockets in say mid-2024 along with numbers that just finally kicked in last week I doubt the markets would have fallen so much, but him being indecisive means companies have to either wait and see or keep zigging and zagging as he waffles, and they're choosing to wait and see for now and just play everything conservatively hence the drop that will probably continue this week.

What's fascinating right now is Musk coming out this weekend and saying we should have no tariffs at all with Europe. Why just Europe? I can certainly guess a reason why a South African guy would pick them over say Canada, Mexico, Japan, or any South American or African country... :rolleyes: And why's he contradicting Trump? Because he thinks he's the actual most powerful person in the world? Trump usually HATES people who contradict him, and I'd love to see these douchenozzles turn on each other. :love:
 
EnigmaticClarity said:
Yes, that definitely did happen in mid-2019. Trump threatened a 15% Chinese tariff somewhere around June 2019, and Hasbro explicitly said they were raising prices to $21.49 on their adult collectible $19.99 figures to compensate which was exactly a 15% hike. By October they had fallen through, and that new price only ended up applying to one wave I followed--the Black Widow movie wave with Crimson Dynamo as the BAF. I mean I assume they did it to all of their products, but I was only buying Marvel Legends and Star Wars Black Series at the time.

This time he's changing his mind so freakin' often that companies don't know what to do. If there's any consistency or duration to the tariffs we're definitely going to see a hike on pretty much all factory-manufactured goods within a few months. Him changing his mind back and forth is the reason the market is tanking more than the fact that he's tariffing at all; if he had come out with the "Liberation Day" idea to liberate the masses from their money to line rich people's pockets in say mid-2024 along with numbers that just finally kicked in last week I doubt the markets would have fallen so much, but him being indecisive means companies have to either wait and see or keep zigging and zagging as he waffles, and they're choosing to wait and see for now and just play everything conservatively hence the drop that will probably continue this week.

What's fascinating right now is Musk coming out this weekend and saying we should have no tariffs at all with Europe. Why just Europe? I can certainly guess a reason why a South African guy would pick them over say Canada, Mexico, Japan, or any South American or African country... :rolleyes: And why's he contradicting Trump? Because he thinks he's the actual most powerful person in the world? Trump usually HATES people who contradict him, and I'd love to see these douchenozzles turn on each other. :love:
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I was definitely remembering you, specifically, talking about the temporary hike from the old boards. I see this article indicating that the Demogoblin and Super Skrull waves both went up for preorder at $21.49, but I've got receipts in my email showing them at $19.99, so maybe those were the waves the hike didn't apply to. Thanks for the info!
 
hmmberto said:
I was definitely remembering you, specifically, talking about the temporary hike from the old boards. I see this article indicating that the Demogoblin and Super Skrull waves both went up for preorder at $21.49, but I've got receipts in my email showing them at $19.99, so maybe those were the waves the hike didn't apply to. Thanks for the info!
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I can't remember about the Demogoblin wave, but I vividly recall the Super Skrull wave ending up at $19.99.
 
Justice said:

For fuck's sake who can even keep up with this at this point. New 50% tariffs if they don't drop their retaliatory tariffs?
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Yep.

Even better was the wild swing this morning where the markets briefly went positive. How? Based mostly on the rumour that the Trump regime was considering a 90 day pause on tariffs. Turns out it was all based on someone from the regime on Fox News hemming and hawwing for like 2 seconds before confirming it wasn't true.

All that got pushed out by a guy with the handle Walter Bloomberg who people associate with Bloomberg News but he has nothing to do with them. Once it got properly cleared up everything went negative again.

It's a complete shit show and people/the markets need to stop rationalizing Trump's decisions and realize this is not going to be some grand plan but more likely just a trashing of America for no good reason.
 
canprime said:
All that got pushed out by a guy with the handle Walter Bloomberg who people associate with Bloomberg News but he has nothing to do with them. Once it got properly cleared up everything went negative again.
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Yeah and it was allegedly because he had a blue checkmark making it look more official, which you can of course just buy from Twitter/X these days.
 
Justice said:
Yeah and it was allegedly because he had a blue checkmark making it look more official, which you can of course just buy from Twitter/X these days.
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Yeah, and that is why the modern day markets are kind of a joke. If something so small can swing all markets like that ($4 Trillion in a couple hours) then how can any of us be secure. Don't get me wrong, I'm in the market because it is still one of the best returns over the decades, but I made the mistake of watching my portfolio for a bit this morning and it was not fun. Gotta go back to only checking on it once a month.

Also I still think someone/someones are fudging Tesla because with all that has gone on with both Elon, and the company itself, there is no way the stock price should still be hovering around where it is currently.

Anyway time to get off my conspiracy horse for now.
 
Ironically - or possibly not - I had a scheduled rollover of my 401k into a new account last Thursday. I think it got out unscathed but it's coming in paper check form and I honestly have no idea how much it will be. And then I have to debate do I hold on to that check for as long as possible, reinvest it - or just cash it and claim it as income.

Haven't touched that account in years and it just so happened to coincide with an implosion.
 
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