Last month we heard from Moog Music who were asking people to contact their representatives in light of President Trump’s new trade tariffs on electronics from China. They believed they would impact heavily on their manufacturing of synthesizers. These claims were also challenged by some other, smaller synth manufacturers who believed they would actually amount to very little and should have a negligible impact on US synthesizer manufacturing.
There’s been a lot of debate on both sides but now these tariffs have been enacted I guess the reality will start to kick in.
Apogee has now stepped up with their own concerns in support of Moog Music. They said that they take pride in manufacturing their products in the USA but all their components come from China. The 25% tax on imports from China will affect a large percentage of their material costs which will ultimately result in price rises to their customers.
Alternatively, Apogee says they may have to look to manufacture outside the USA.
The discussion around the Moog statement shows how important it is to consider other sides to any dramatic statement of price hikes or moving manufacturing. But this is the second well-respected audio company to speak out and raise concerns. Accusations of political manoeuvring seem to be wearing a little thin.
One of the comments that came up from the Moog discussion was that prices will inevitably rise because of the fear of the tariff rather than the reality of it. So whether the taxes apply to their components or not, we’re still going to feel them as suppliers add 25% onto everything.
If it’s something you feel strongly about then please do contact your elected representatives and voice your concerns. Otherwise, we’re going to have to wait and see.
- Full Apogee statement here.