Trump Tariffs The End Of Affordable BMX?! Bicycle Industry Figurehead Chris Moeller Weighs In

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@Brant_Moore

@Brant_Moore

Күн бұрын

Пікірлер: 241
@gilligan1350
@gilligan1350 Ай бұрын
If you look at all the hours of entertainment you get from your BMX stuff, it's a really low "dollar per hour" entertainment cost. I used to rent movies at blockbuster for $3 each and only get 90 minutes of entertainment. This is the same expense category in my budget. The question is where do I actually want to spend my time and money.
@Brant_Moore
@Brant_Moore Ай бұрын
Woah. That is an absolutely fascinating way to look at things!!!!!
@Anthonybrother
@Anthonybrother Ай бұрын
Good math! 👍
@DeuceMS
@DeuceMS Ай бұрын
Honestly, this is the best take here.
@donnieburger3721
@donnieburger3721 Ай бұрын
your profile pic says it all
@gilligan1350
@gilligan1350 Ай бұрын
@@donnieburger3721 says what exactly?
@ShadLife
@ShadLife Ай бұрын
I am definitely in support of US made products. I think the bigger topic being discussed when it comes to tariffs has more to do with its impact on inflation. People have been dealing with a spike in inflation that happened because of the global pandemic. Inflation has finally come down to 2.4% which is back to normal. The concern people have is that if Tariffs are increased on Chinese made goods, not particularly just the bicycle industry, it's going to cause prices on Chinese imports to increase. So computers, phones, certain foods, clothes, and all sorts of products (most of them made in China) will go up. This will cause inflation to increase again right when people are finally getting a break from high inflation. So this is the concern in general. Most people are not against tariffs to help level the playing field. But they certainly are worried the prices of most products will go up and it's going to take 10 plus years to move manufacturing back the the United States and because people get paid more to work here, prices will not go back down.
@pulseinfo2074
@pulseinfo2074 Ай бұрын
I would rather not have a federal income tax than pay a extra for a bmx bike..
@bartholomewceremony6981
@bartholomewceremony6981 Ай бұрын
Slavery with extra steps
@DeuceMS
@DeuceMS Ай бұрын
You cant have no taxes without tariffs. The gov made its money from tariffs until 1913 when the federal income tax was imposed. I'm with you though. No federal tax. Lol
@kyleheaser351boombaby
@kyleheaser351boombaby Ай бұрын
@@DeuceMS tariffs for outside countries selling their manufactured goods to America in and of itself does not mean We The People in America are taxed for it. Yes, we'll have taxes and tariffs won't cover everything, but we'll have a hell of a lot less taxes. Anticipate 33% more money in your bank moving forward. More if you work overtime hours like me (I do 60 hour work weeks). No taxes on overtime.
@charltonmoore452
@charltonmoore452 Ай бұрын
I agree with all 3 of you! Marshall plan should have been eradicated in the 70s or the 80s! If we can negotiate through tariff up and down with other country's and this would create a larger demand increasing jobs to make said products in existing US companies,and Foreign companies can get around it by building a factory here and require American workers. So win win if it can be executed. (Hopefully I articulated this correctly)
@DeuceMS
@DeuceMS Ай бұрын
@@charltonmoore452 I think you said exactly was I was trying to articulate in my original comment. Lol Im not good at getting it out in text.
@Dustin-SHiTLUCK69
@Dustin-SHiTLUCK69 Ай бұрын
S&M all the way. Been rocking all their shit for over 20 years.
@ajinator2
@ajinator2 Ай бұрын
Why does it sound so contradictory? If it's gonna cost more to import parts with higher tarrifs/duties then isn't that worse for everyone because now the companies have to charge more and pay more and that means us the consumers are also paying more? How did that get explained and then the conclusion that was come to at the end of the video become the opposite?
@Brant_Moore
@Brant_Moore Ай бұрын
The idea is for the tariffs to increase the costs on imported products and push people toward buying USA made products. Which works for frames, forks, bars, and the other obvious but not so much for complete bikes and other parts like tires since none are made here.
@isaiahfurrow7414
@isaiahfurrow7414 Ай бұрын
that man says you have to import stuff ... not at all ... every single part of a BMX bike COULD be made right here in the USA... would they be more expensive, likely so... would it take a lot of investment to rebuild the infrastructure to manufacture those things, certainly... the problem starts with the fact that we have been manufacturing less and less here and importing more and more.... should have never started going down that road to begin with...
@winningwithoutracing7811
@winningwithoutracing7811 Ай бұрын
Yup. Its so infuriating that at this point I'm actually glad to just buy things from the foreigners under their own branding rather than paying for some "Designed and Tested in the USA" entity with a recognizable name. When I was a kid GT Pro Performers were made here and sold for $400 and change. My parents wouldn't buy me one but plenty of kids rode em around and none of us were serious riders. I suspect a $1500or $2000 20 inch bike (aka $400 in todays inflated dollars) would be unthinkable. FYI I own a manufacturing company.....
@Brant_Moore
@Brant_Moore Ай бұрын
If you own a manufacturing company you should also know that the increased costs for something made here don’t just tacked on for nothing. You should know that those costs pay the employees who are in the shop here in the USA doing the work. You should know that they go toward helping pay for team riders, team trips, videos, and any of the other cool things companies are sometimes able to do in this industry that is struggling. You should know that there is a huge list of extra costs to manufacturing something here in the USA and it’s not just a price gouge based on brand name. But you already knew that because you own a manufacturing company, right?
@winningwithoutracing7811
@winningwithoutracing7811 Ай бұрын
@@Brant_Moore I wasn't knocking American manufactures at all. I'm irked by those that are simply in the business of marking up foreign produced goods. Oddly, wages aren't the biggest impediment of American manufacturing. Its the overall cost structure thats the biggest problem. Real estate, taxes, insurance, an idiotic tax/regulatory structure, and a court system thats gone form being an asset to a liability in my lifetime. Most alarmingly we are losing the entire supply chain necessary to manufacture goods at scale. I'm in the vicinity of Philadelphia and we just lost our bulk plater. There is no one running cyanide baths for case hardening, bulk heat treating, and only one anodizer. The few suppliers we have left basically only supply to military contractor types which price their functions at multiples of what a finished part would sell for in even the US market.
@Brant_Moore
@Brant_Moore Ай бұрын
Clarifying that first part makes everything you said come across 10000% more reasonable. There’s definitely innovation happening with the manufacturing steps going on overseas, but it is very annoying when you see a company do absolutely nothing more than put their logo on a catalog part and then sell it for more than anyone else with the same part. Partially our own fault for buying into it though. Only way to change it is to educate
@JakeTyson-gu5db
@JakeTyson-gu5db Ай бұрын
​@@Brant_Moore thanks for the quality content let's ride sometime
@jda79
@jda79 Ай бұрын
A lot of whats actually being looked at for tariffs is in places like cars where american cars are heavily tariffed but japanese arent, bringing things like that in line so if japan wamts to sells cars here they have to give us the same. Things like rubber with 0 now will likely stay there
@Brant_Moore
@Brant_Moore Ай бұрын
Ohhhhhhhhh! Thank you for that insight
@jamiehorvath2507
@jamiehorvath2507 Ай бұрын
tariffs and duties are different. the 11% is a standard tax for imported bikes. The tariff since 2018 is an additional 25 % and will go to 60% after 2025
@tomg1480
@tomg1480 Ай бұрын
It's already too expensive now. I been riding for 50 years, these prices in the last decade have been stupid high.
@Dabbin916
@Dabbin916 Ай бұрын
Haha yeah dude, hence why I couldn’t start riding bmx until my late twenties.
@Sunspot-19
@Sunspot-19 Ай бұрын
Annnd, looking at some brands, with prices in the $12-15,000, wanna tawk stupid expensive??
@stevesherrod2969
@stevesherrod2969 Ай бұрын
Bmx bikes cost 800 to 1200 to build in the late 70s early 80s. Not up that much overall compared to most items.
@iheartwheelies
@iheartwheelies Ай бұрын
If you think bmx is expensive, try Motocross!
@Brant_Moore
@Brant_Moore Ай бұрын
People aren’t ready for that. Hahaha Motocross is insane
@kirkwickham3336
@kirkwickham3336 Ай бұрын
Great video, Brant! Love the title, too!
@kyleheaser351boombaby
@kyleheaser351boombaby Ай бұрын
Appreciate your coverage of BMX news 👊
@1RadDad
@1RadDad Ай бұрын
Just finished my Steel Panther build! Shout out to my S&M peeps!
@johnlesoudeur3653
@johnlesoudeur3653 Ай бұрын
Great sensible discussion. Such a pleasant experience not hearing "like", "super" filler words every other word. Thanks.
@DeanNewman-u6l
@DeanNewman-u6l Ай бұрын
Duty on imported s&m bikes to the uk is 20%. So when we US domestic prices they seems much better! compared to a taiwan frame american made is close to double.
@bmxriderforlife1234
@bmxriderforlife1234 Ай бұрын
Moeller knows so much in the industry and picks up on subtle details most don't.
@welcomewoodworking2181
@welcomewoodworking2181 Ай бұрын
Amazing perspective froma real businessman
@DeuceMS
@DeuceMS Ай бұрын
I think this is pretty good insight. Honestly people are blowing the tariffs out of proportion. It will likely be used as a bargaining ploy to get companies to build in the US. if not, I think you are both right on different points. It likely will not affect the prices all that much. And honestly being able to buy a full chromo Kink Switch for 600USD in 2024 was wild. I bought a federal back in 2012 for 550USD and it wasnt even full chromo. The price increase % when compared to everything else was minimal IMO. But, I do understand, some people want to build from scratch and that has, in my view always been costly. Anyway, for the US, having American made will cost more, but will also bring more jobs(maybe).... I dont know, im not an economist.. Lol Thanks for the video Brant. And thanks to Chris for coming on to discuss it.
@RockyPondProductions
@RockyPondProductions Ай бұрын
The problem lies in the fact that a sudden economy wide universal spike in tariffs doesn't help American manufacturing. The immediate disruption in supply chains will be inflationary much in the same way we saw inflation due to supply chain disruption during the pandemic. We can not scale manufacturing in a way that will offset the tariffs. We live in a global economy, and while doing things in the USA is an awesome thing, having someone like Trump propose economic plans for his presidency that are the equivalent to the asinine "build a wall and Mexico will pay for it" is bad for everyone. A good economy in terms of manufacturing is all about improving our relationship with our allies, doing business with countries that we align with and making stuff in the USA that is sensible when coupled with an international supply chain. Trump just seems to want to disrupt to disrupt instead of improving things.
@DeuceMS
@DeuceMS Ай бұрын
​@@RockyPondProductions I mean, I dont remember anyone saying it would all happen in 1 day. If so, then yeah, that wouldnt work. We do live in a global economy. That doesnt mean we should be globalist. Fair trade with other countries is good for all I agree. Thats the difference though. It has to be fair. "Lets apply some pressure with tariffs", "OH NO! Thats terrible". But 800B lost and unaccounted for by the pentagon..... No one bats an eye. Yeah, doesnt sit right with me. We absolutely should trade with other countries. But the US giving OUR, the US citizens, tax dollars to hundreds of other countries then them getting the good side of trade deals too, the US paying the most to the United Nations, the US being dragged into everyone elses business around the world constantly when we are 37trillion in debt is what I would call Asinine and doesnt work for me as a tax payer. What ever we have been doing isnt working.....
@someplacespecial
@someplacespecial Ай бұрын
@@RockyPondProductions Yeah im sure thats Trumps exact plan, disrupt just to disrupt, he doesnt want things to work out well for Americans... This guy doesnt have a long history of working with others and wanting the best for America...
@Paintlife15537
@Paintlife15537 Ай бұрын
​@highoncash 😂😂😂 ita never a good idea to speak in such broad statements....you're all worried for no reason. Unless you buy China junk, then you should worry ❤
@RockyPondProductions
@RockyPondProductions Ай бұрын
@someplacespecial Ah yes, Trump, the guy famous for hosting crappy reality TV shows and bankrupting casinos, is clearly in for the good of the people and is doing this from the bottom of his heart. The guy is a grifter who only cares about himself and uses the lowest common denominator to rile up people cause they are gullible and vote for him. Let me know when the wall goes up, and Mexico cuts the check for it.
@romanreardon8308
@romanreardon8308 Ай бұрын
Good thing there's a billion bicycles already here.
@JC-tu2lf
@JC-tu2lf Ай бұрын
I’m getting a Big Ripper before January got a feeling that prices are going up
@Shopsmith10er
@Shopsmith10er Ай бұрын
Remember when the E bike market was gaining traction? There was a push for tariffs on China import. Ironic it didn't go through because there's NO E bikes made in US hence justification harm to competition.
@seanwittmer
@seanwittmer Ай бұрын
Good luck finding someone to fill the position after the manufacturing is brought back.
@donnieburger3721
@donnieburger3721 Ай бұрын
explain affordable cuz sum of these new bike cost more than a used car
@Alan-cu1cn
@Alan-cu1cn Ай бұрын
He isn't talking about mountain bikes.
@DICKBARONESERVICES
@DICKBARONESERVICES Ай бұрын
@@Alan-cu1cnbmx bikes can’t cost as much as a used car…
@donnieburger3721
@donnieburger3721 Ай бұрын
@@blipblorp6347 lmfao see that right there 800 for used over priced
@blipblorp6347
@blipblorp6347 Ай бұрын
@@donnieburger3721 for a completely custom complete
@casm1238
@casm1238 Ай бұрын
In my country 800$ is a monthly income. We have never heard of affordable BMX bikes :D
@jarretkahle
@jarretkahle Ай бұрын
i miss the s&m kits , u could get frame fork heaset stem 250
@josephcorso5081
@josephcorso5081 Ай бұрын
Not worried at all. Re shoreing any industry to the usa is good for the usa.
@Paul_Gale
@Paul_Gale Ай бұрын
very interesting video , keep up the good work! I bought a 70cc Mineralli cylinder from the USA and it was USD$59 They wouldn't ship to Canada so I got a USA friend to purchase it . When it arrived, it ended up costing me $200 CAD after Duty, brokerage, Custom Tax, and exchange rate +30%. So I'm already used to the bullshit "Fees" and that's just from our friendly neighbors down south. Makes it impossible for me to purchase from the USA. When the dollar was even with Canada I spent all of my money on USA stores and now it's rare to buy USA at all
@Brant_Moore
@Brant_Moore Ай бұрын
Would you say that Canada has already implemented an example of what is being talked about for the USA? To me that’s exactly what it sounds like based on the experience you shared but I don’t want to assume and done exactly have a great grasp on this yet
@Paul_Gale
@Paul_Gale Ай бұрын
​@@Brant_Moore ​ I'm not sure but ...Just the dollar being worth 0.70 cents USD and the stupid expensive shipping kills it for me in Canada. I tried to buy some cheap circlips for my piston in Canada, searched for 2 hours but could not find them , searched an American store and found them, 6 pieces for 5.99 USD plus 16.99 international shipping. My friend in the USA is sending me 10 clips he got for 2 dollars and it was $1.50 for a letter weighing 1 ounce or less, shipped to Canada. You guys are so lucky to get parts for 1/2, or less of what it cost me. I wish I lived in the SOA(States Of America), its not United anymore cause it creates competition to be seperate.
@uptownbmx6623
@uptownbmx6623 Ай бұрын
Also, other countries impose tariffs on U.S. made goods to protect their key industrial sectors. Japan places tariffs on imported cars. The particular problem with China is some industries are heavily subsidized and this had been criticized by Western free market countries. Not to mention the conditions in the afore mentioned Foxconn.
@albee8008
@albee8008 Ай бұрын
The first 5 seconds is all i needed to hear
@kodygeier
@kodygeier Ай бұрын
Like that you got the background of your camera transparent and you just look like your sitting next to Chris, keep doing that for these interviews, definitely less jarring than having like a side by side or just bouncing back and forth between two cams.
@kodygeier
@kodygeier Ай бұрын
Next time you get to chat with Chris can you ask why you would still need to import all the parts he rattled off? Why can't an American company produce them?
@thethreehardcorez
@thethreehardcorez Ай бұрын
Tariffs to save U.S companies doesn't work. Look at the tariffs they put on Japanese motorcycles when Harley Davidson was failing, didn't work, still more Japanese motorcycles on the road to this day.
@ianleui7007
@ianleui7007 Ай бұрын
It’s about china not Japan .
@thethreehardcorez
@thethreehardcorez Ай бұрын
@ianleui7007 yeah no dip.
@ianleui7007
@ianleui7007 Ай бұрын
@@thethreehardcorez we’re allies with Japan but we have tensions with china so it doesn’t make sense to bring Japan into this
@ianleui7007
@ianleui7007 Ай бұрын
@ and the Japanese actually have great quality stuff some of the finest factories in the world. Aren’t u tired of getting ripped off by china too
@thethreehardcorez
@thethreehardcorez Ай бұрын
@@ianleui7007 I run a company I'm not getting ripped off by China. All tariffs will be passed down to the consumer anyway, I'll break even either way. The average consumer suffers. Tariffs aren't gonna do anything but make the economy worse. The HD vs. Japan tariff is a microcosm for the current China tariffs we're talking about, Harley Davidson themselves called to end them because it didn't work.
@TheSethGZ
@TheSethGZ Ай бұрын
So is S&M not made in the USA anymore?
@dave-iq3dq
@dave-iq3dq Ай бұрын
He’s just talking Fit and most of the smaller parts.
@BobbyKanode
@BobbyKanode Ай бұрын
lol I love seeing the idealist passion in the comments here. This is great stuff! ❤ 🇺🇸 🇹🇼 🇨🇳 🇮🇳
@Brant_Moore
@Brant_Moore Ай бұрын
Holy shit Kanode knows noticed me!
@approachingtarget.4503
@approachingtarget.4503 Ай бұрын
Who brought the shovel. It's getting deep in here.
@pwh4130
@pwh4130 Ай бұрын
Reading the comments people seem to miss the main points. Tariffs won't go away. There is basically no American bike production to protect. BMX bike prices have been too low for a while and the pricing hasn't really changed in years. Complete bikes and parts have different tariffs. The consumer will see prices go up but not necessarily from tariffs, but because the prices need to go up for brands to be sustainable.
@Brant_Moore
@Brant_Moore Ай бұрын
THANK YOU
@rickjames8943
@rickjames8943 Ай бұрын
People don’t realize that us shipping stuff over there it has double the cost because they make it to where people will only buy stuff for there country
@ronross6
@ronross6 Ай бұрын
Farmers lost thier ass in '17 '18 ish.....because other countries can play that Tariff Game..and not buy our shit.
@OSXMan
@OSXMan Ай бұрын
Tariffs aren’t going to bring a single manufacturing job back to the US. It never has and never will.
@kyleheaser351boombaby
@kyleheaser351boombaby Ай бұрын
60% increase in shipped goods, while also decreasing the cost of USA manufactured goods. It maybe hasn't previously brought USA jobs from overseas, but if Trump's team are successful in their new policies and weeding out the corrupt politicians/lobbyists then you'll see, perhaps for the first time, manufacturing jobs coming back to America.
@curtkelsey2136
@curtkelsey2136 Ай бұрын
The second law ever passed by Congress was a tariff, They have been here from the begging and they won't be going away.
@ShawnxEdge
@ShawnxEdge Ай бұрын
Dooty (insert Butthead laugh)
@fallenshallrise
@fallenshallrise Ай бұрын
Tariffs are just a way for governments to create more revenue even though there is no domestic industry to protect anymore. In Canada all this does is make it worse for the bike shop owners because over the years it's been cheaper to import parts from a country that has cheaper tariffs than to shop in your own country. There is only 1 bike manufacturer in Canada and it isn't Norco. Norco just imports the same frames from China as every "USA" brand so the customers here just end up paying a big chunk of extra tax no matter what brand they choose to support. And like Moeller says, nobody in North America makes much in the way of bike parts so we are all just paying an extra tax to protect nothing.
@MatthewKarwoski
@MatthewKarwoski Ай бұрын
I have some Wilde handlebars made by S&M...they're sick
@jda79
@jda79 Ай бұрын
Or there at 0 because we dont produce it domestically. Like do we grow rubber here? or is rubber something we have to import?
@gzdseh
@gzdseh Ай бұрын
I'm assuming import because of the demand being greater than what America produces which is synthetic. Then you need the machinery to make tires
@DuhYaThink
@DuhYaThink Ай бұрын
Paid $300. For a BSD Safari frame this year for $300. New. S&M is up to $520. Is American made steel that much better?
@someplacespecial
@someplacespecial Ай бұрын
Sounds like you got it on sale for one thing, I could be wrong. The difference is that one frame is made in another country, poorer laborers, sometimes bordering slavery depending on the country, versus a frame that is made in your own country (assuming youre American) by American citizens that are now able to provide for themselves and their family, keeping the dollar inside the country which in turn benefits Americans in general. Theres a lot more to it, but the general idea is if you want an economically healthy country, you should try to support the products made in your country first. Which yes, that tends to be more difficult when youre poor.
@TandemAdventurers
@TandemAdventurers Ай бұрын
Great discussion here! 👍 To President Trump's credit, he did vow to reduce the corporate tax from 21% to 15% (AND give other tax breaks and incentives) to any company who manufactures their product here in the USA. Of course it's probably impossible to source all of the parts in the USA to create a complete bike (like Chris said), but 40-50% of the bike is doable - and should go at least some of the way to promote US made bikes and keep their retail price competitive with the Asian imports.
@quoththeraven3985
@quoththeraven3985 Ай бұрын
Next week? " my panties are bunching"
@bigearl791
@bigearl791 Ай бұрын
Buy American.... like we use too ...
@Sunspot-19
@Sunspot-19 Ай бұрын
Frankly, if one looks at the history of import/export, there have been tariff or duty applied to those activities between countries. It is far from new. Sure, it would be lovely to eliminate that for a more robust global economy however, I wouldn't hold my breath. As for tariff/duty rates, one that is not in the business of import might have zero concept of what those rates are. It is not remotely the same as a retail purchase of one bike/component vs. the import of large quantity import. As for the Trump tariffs, we still have no information regarding that and the sky is NOT falling!! DT is manufacturing spokes, nipples and hubs in JunkTown Colorado. Some of their low end is Taiwan origin. As for tires, the last US made tires I had were in 1970-75 Goodyear knobbies in 20 x 2.125. At that time we had dirt track racing, there were no road courses claiming to be Bicycle Motocross facilities.
@cjwood2407
@cjwood2407 Ай бұрын
To say the cost of bmx bikes (or even parts for that matter) hasn't increased in a long time is definitely not correct in some places, same with saying they are affordable for the average rider. Have a look at Canadian prices. Hell look at frame prices in Canada. Don't be eating or drinking when you see the prices because you may choke. When you are done choking on Taiwan made prices have a look at U.S made product pricing here. Some Taiwan frames are $650-750. USA made are even higher. Mid level completes are getting hard to find even at the $1k price range unless you are luck on a sale. Many Pro level completes are in the $2k-3K range. Sadly wholesale cost here for many brands from Canadian distros is higher than retail in the u.s as well as some online retailers elsewhere.
@jamesd5415
@jamesd5415 Ай бұрын
Bmx bike prices really haven't changed much in most places when you compare them to MTB and road bikes. The price difference of a highend mountain bike 20 years ago compared to now is a much bigger difference than a high-end bmx bike then and now.
@cjwood2407
@cjwood2407 Ай бұрын
@@jamesd5415 They have gone up a lot in Canada, especially a few years ago and never really came down. Yes other higher priced types of bikes cost more but always have. This was about bmx and the affordable to an average rider. Not sure if people clue in to the actual average bmx rider/consumer and their age, but the average kid cant afford most decent bikes now or good parts to upgrade their cheaper entry level bikes. In our store our used stuff when we can get it outsells our new products and the main reason we hear is that they cant afford to buy new stuff anymore.
@DeuceMS
@DeuceMS Ай бұрын
Ive seen several folks from Canada say this. I have to ask though. Isnt everything in Canada outrageous? Like gas is 150/liter? or 4.50USD/gal. Whats the exchange rate for USD to CA? Take all that into account. The bike I bought would cost 900 in CAD. It was 600USD. Im not trying to be disrespectful at all. Just want to try and get a better understanding of our neighbors to the north's struggles.
@cjwood2407
@cjwood2407 Ай бұрын
@DeuceMS yes everything up here is insane. Where I am gas is currently $1.72/liter. To give an example of even with the exchange rate we still pay more... Volume just posted the voyager 2 frame in the blue and raw fade available again @$289.99usd retail. That's roughly $405-410 Canadian. Keep in mind that is retail in the U.S. that converted $400+ Canadian is pretty much our wholesale cost here. Then add the 30-40% mark up set by distros as map pricing and take it from there. We can order product from the u.s and other countries at retail pricing and still be close to our wholesale cost. It's near impossible to convince customers that they aren't paying too much here. What bike did you buy?
@jamesd5415
@jamesd5415 Ай бұрын
@cjwood2407 When I was a kid, I couldn't afford decent parts until I got a job and paid for it myself. Even then buying used was what I and most kids did which is much more affordable. My bike was about $1200 to build in the mid 2000s it would cost probably $1600-1800 to build a similar quality bike today which honestly isn't that big of a difference over the course of 20 years. I'm not saying that prices aren't higher than average in Canada because they are, I'm saying bmx prices aren't crazy high when compared to other types of bikes.
@paulsomero
@paulsomero Ай бұрын
You hit the #1 question in my mind: WHERE IS THAT TARIFF MONEY GOING? What's going to happen? Your 11% is going to become 30, 50, 100%. Everybody with skin in the game of importing product that has no domestic manufacturing capacity will be out of business the second they exhaust their inventory on hand. An operation like S&M will eat it on the completes and components, but does have manufacturing capacity and can shift focus towards that effort. Maybe push for economies of scale and move more product at lower margins? I expect the industry at large will be shellshocked and many outfits will fold. Consumers won't want to pay double for import components. We're already dealing with almost 100% cost increases on shit like frames. Will they go after other countries too? If they shut off china, expect to see big outfits retooling in Vietnam, the Philippines, Malaysia. What if those places are hit with similar tariffs?
@paulsomero
@paulsomero Ай бұрын
Don't get me wrong. I'm a manufacturing guy and want the industry here in our country. I just think this is gonna be really harsh to flip a switch on such a big economic shift. My biggest concern is the timing will suck, people won't be ready, and it's gonna decimate the industry in the short term.
@DeuceMS
@DeuceMS Ай бұрын
@@paulsomero The best thing to remember is the US government is the least efficient business in the US. You and I both know, it will not happen over night, or likely at all for Bikes.
@kyleheaser351boombaby
@kyleheaser351boombaby Ай бұрын
The tariffs are to replace our income taxes. What our bullshit taxes are SUPPOSED to be paying for (most of it corruptively laundered into corrupt politician and lobbyist pockets) will be covered by the tariffs. Other countries will absorb the weight as opposed to us. Also, income taxation was considered unconstitutional and still isn't considered legal. Look it up. Can't wait for this revolution to take place
@kyleheaser351boombaby
@kyleheaser351boombaby Ай бұрын
@@DeuceMS hence "DOGE" (Department of Government Efficiency" being headed by Elon Musk. We currently are paying millions of dollars of our taxpayer money to see how quail are sexually affected when they do cocaine... for one of many outrageous examples. Every year our government "loses" $500,000,000,000, and they send hundreds of billions off to foreign governments for bullshit corrupt wars. The list goes on. We are taking back our country and the our government will be utilizing money more efficiently these next 4 years. Fingers crossed for beyond too.
@hectorpinol7951
@hectorpinol7951 Ай бұрын
The leader of the bmx American company brand should be grateful, because it’s not their call in the business. Pay to play and stay relevant. Last of the Mohican$!
@Eric3ric2125
@Eric3ric2125 Ай бұрын
I guess thats why uncertainty in the policy can cause problems in the market. If import costs go up we have to just eat as a consumer I guess is what the message is.
@asowa42
@asowa42 Ай бұрын
The tariffs changes when he was president before were to offset tax cuts in other places. They are variable regressive federal sales tax at this point.
@Eric3ric2125
@Eric3ric2125 Ай бұрын
Who are getting these tax cuts?
@PedalpunkCO
@PedalpunkCO Ай бұрын
Good insight from a long term industry professional. Chris has seen all the ups and downs.
@DroppinBeat
@DroppinBeat Ай бұрын
67.72% of Americans earn $60,000 or less a year. Tariffs and slowing immigration should help bring up the average income in the US? Is there something else we could do? 60k is really not much to support a family of four these days.
@stevesherrod2969
@stevesherrod2969 Ай бұрын
Get rid of the government involvement in everything. We pay over 60 percent in taxes in the USA.
@thesovereignvan
@thesovereignvan Ай бұрын
Anyone can look at the hyperinflations that happened in in the past and know what time it is.
@itsallgood1079
@itsallgood1079 Ай бұрын
mountain bikes are screwed
@nofood1
@nofood1 Ай бұрын
People stressing out over something that hasn’t happened yet
@steve-sq8gx
@steve-sq8gx Ай бұрын
! i work in the port and last time he said the same thing but inly taxed chinese steel and electronics..prices didnt go up ..relax and breathe
@MMAKingRay
@MMAKingRay Ай бұрын
I thinknppl are starting to worry about assumptions.
@casey5885
@casey5885 Ай бұрын
wouldn't be a tariff if the bike was made in the USA
@XxFarrinxXv2
@XxFarrinxXv2 Ай бұрын
Im really confused why you think that bmx prices should be higher. Wouldnt you want prices to be lower to ease the barrier to entry? I mean a skateboard costs like 100 dollars but a starter bike is like 300. Why do we want this number higher?
@drumfanatik316
@drumfanatik316 Ай бұрын
As much as I’d like to say, yay, bring jobs and manufacturing to America, it’s not feasible for many reasons. 1. The American worker thinks they’re better than everyone and feels they deserve higher wages for minis yak jobs that require little to no training. 2. In turn, that would drive prices up so high because of the high labor costs they would pay people! 3. One of the main reasons for not having as many factories in the U.S. is because of the pollution that these factories put out! Look at the smog and how dirty and run down those countries are, specifically the areas that were mentioned in the video. The amount of factories it would take to catch up with those other companies that manufacture these goods would be so astounding that there would be a never ending smog over the entire U.S.!!! That’s my 2 cents on the whole deal! Taxes and tariffs are a scam! Always have been and always will be!
@buffetline2605
@buffetline2605 Ай бұрын
Love you Moeller!!!
@77rockcity
@77rockcity Ай бұрын
Yup. The cost goes to the consumer.
@justinyates1154
@justinyates1154 Ай бұрын
No bike companies aren't worried, they will just mark the bikes up to cover the increased cost on their end and to hell with the consumers. That will apply to every company, not just bike companies. Their profit margins won't shrink, no one at the top of these companies are taking a decrease in pay, they will pass the expense to us. If you want to ride, you have to buy a bike. If you have yo buy a bike, you have to pay what they are asking, end of story.
@Brant_Moore
@Brant_Moore Ай бұрын
You’re right but to say that companies are doing it with a “to hell with the customer” mindset is absolutely not true. Bmx companies have eaten more costs to their own detriment just to help keep the cost as low as possible for the customer for 30 years or more.
@danielsteele9461
@danielsteele9461 Ай бұрын
11% is a lot different than 20(+)%.
@ReadOrwell
@ReadOrwell Ай бұрын
BMX bikes overpriced? Like in the 1980s? Look at the prices of the bikes before Taiwan was in the picture. How much for a Diamond Back Turbo, Redline, etc. That's part of what destroyed the industry. Then, land development came along.
@frankfranks2946
@frankfranks2946 Ай бұрын
The real question is why do we send all of our American goods to China to get assembled just to get sent back here? Do it all in-house, have better quality control, cut the middle man out that makes inferior products and keep the product superior, The difference between the factory made frames VS the US handmade ones have always been noticeably different in every way. None of us want junky Chinese made anything that's gonna break when we have the ability to have the best made products. It's just a big game, Plus they'll use anybody's face as an excuse for their own.
@G33.DEVELOPMENTS
@G33.DEVELOPMENTS Ай бұрын
Issue is all the frames are imported 😂
@TomHancock-kt1zy
@TomHancock-kt1zy Ай бұрын
Know the manufacturers keep raising the price to find out how much the people were willing to pay Carbon fiber frame is not worth that much money
@briandavis4923
@briandavis4923 Ай бұрын
I love how dude says retail would go up and just shurgs. lol
@SantaCruzSlug
@SantaCruzSlug Ай бұрын
seriously, so you're saying yes the tariffs are getting passed to the consumer... great. I won't upgrade for a while now.
@mead813
@mead813 Ай бұрын
Ride american. I'd get behind that.
@galens2543
@galens2543 Ай бұрын
Sure, I’m all for that. It’s just disappointing to me that many voters who are mad about inflation have voted for policies that will further increase prices.
@padseven
@padseven Ай бұрын
​@galens2543 educate yourself
@galens2543
@galens2543 Ай бұрын
@ I’m a Sr level ME and a former bike industry Product Manager. Ive been wrong from time to time, but this issue seems pretty simple to me.
@Tony-ug4oi
@Tony-ug4oi Ай бұрын
Ride American. What about your phone
@mead813
@mead813 Ай бұрын
@@Tony-ug4oi I hate my phone. I buy used and as cheap as possible.
@rlgriffis
@rlgriffis Ай бұрын
Moeller based af!
@ZippyLikesZippers
@ZippyLikesZippers Ай бұрын
Most overseas stuff is taiwanese made. America loves and stands with the nation of Taiwan so i cant see tariffs being levied at a staunch ally of ours. I could be wrong, I'm not up on my foreign diplomacy
@H3AVYHAULERS
@H3AVYHAULERS Ай бұрын
That’s why you buy American maid S&M standard bikes don’t buy no Chinese junk
@3rdWorldNola
@3rdWorldNola Ай бұрын
Idk, Trumps buddy bought and closed rideBMX mag.
@thesovereignvan
@thesovereignvan Ай бұрын
Free people don’t pay taxes or tariffs on fiat money. Us vs them
@stjohn1974
@stjohn1974 Ай бұрын
Just got my Sunday. Sound wave special and I'm glad I got it when I did.
@joecicman
@joecicman Ай бұрын
I’m calling everything cans now.
@SkaterPoopyPants
@SkaterPoopyPants Ай бұрын
When were they affordable to begin with like 10 20 years ago? xD
@patsdamnloose
@patsdamnloose Ай бұрын
S&M for Life. Chris Childs for President. 🤙
@viperdemonz-jenkins
@viperdemonz-jenkins Ай бұрын
build local and China will not affect.
@gzdseh
@gzdseh Ай бұрын
Trump gave an example of how he's already making America great again, with the furniture factory story. So he slapped duty on chinese furniture which apparently assisted Americans to start buying American furniture. It all seemed like the factory was financially saved and used for the story and his speeches. Like stated in the interview, you need to have an American alternative for that dated system to work. I can't imagine it having any positive effect for any type of company today unless other taxes are reduced. It has a knock on effect of course, so everyone including the customer pays more. Why though? It's a scam.
@mikezbeatz7122
@mikezbeatz7122 Ай бұрын
Thank God for Trump! I love guy
@biker944
@biker944 Ай бұрын
The bicycle industry is chasing cheap parts
@luminosity2083
@luminosity2083 Ай бұрын
Not worried a single bit.
@djprivileged7845
@djprivileged7845 Ай бұрын
You should make these bikes in America by Americans
@pedrorodriguez7122
@pedrorodriguez7122 Ай бұрын
Skip the tariffs. Buy American.
@dennisd4452
@dennisd4452 Ай бұрын
Someone book an appointment with President Trump in the coming new year.
@Bodie2020
@Bodie2020 Ай бұрын
How about building and making shit in America. If you’re too cheap to pay for American labor then you don’t need to ride.
@mrkrod5
@mrkrod5 Ай бұрын
Your bike are expensive, already bro, so let’s see what you do about your prices, and so are we
@GarrettHarville
@GarrettHarville Ай бұрын
Just buy AMERICAN. I got back into bmx 2024 from 2006. I got everything S&M makes due made in MERICA F*** YEA
@pokerdealer2003
@pokerdealer2003 Ай бұрын
Wood and Steele is basically what Tariffs are all about, Other Countries will do it for less, cut corners and cheat. I think they are necessary.
@AC-rg5vl
@AC-rg5vl Ай бұрын
The offshore companies will just setup shop here in the USA. Which is indeed good for our economy. It happens all the time, happened to the Chinese tires for a while.
@matthoffman8162
@matthoffman8162 Ай бұрын
Yeah thats not gonna happen.
@realmorgan3075
@realmorgan3075 Ай бұрын
Im having my xiaomi Su7 shipped directly to my new house in Africa. Trump's America isnt for me. Screw those huge tariffs, you people will definitely suffer under Trump
@fasstb7302
@fasstb7302 Ай бұрын
I bought a GT 29 inch online and it shipped from California to my house. I was so excited when it arrived thinking it was a top quality bike like they were in the 1980's. The first thing I noticed was the made in China stamp on the box. To make a long story short I assembled the bike and tried to ride it but was to embarrassed because of all the noises it was making. I had to replace the bottom bracket, sprocket, chain, and freewheel just so I could ride it. The stamped out sprocket was warped from the factory and the bottom bracket had no grease from the factory. Now it's smooth as glass. I will never buy a made in China bike again!!!
@FairLaunchDaily-wu9hv
@FairLaunchDaily-wu9hv Ай бұрын
get ELON to look into the BMX tax 😂 he’s department of government efficiency
@TheCvltMedia_
@TheCvltMedia_ Ай бұрын
lol
@robchapmanbmx
@robchapmanbmx Ай бұрын
prices are insane in canada
@Aridrona
@Aridrona Ай бұрын
Buy American
@apathy9237
@apathy9237 Ай бұрын
End taxation on BMX! Fuck tariffs. BMX should be as cheap as possible, regardless of its effect on the economy. BMX is not a large enough industry to have a large effect on the economy. Clearly this country cant make everything (tires, pedals, etc.) and we should all be working together to make it cheaper, not more expensive. Cheaper bikes actually HELP the economy because many of the bikes are purchased by adults for their children.
@apathy9237
@apathy9237 Ай бұрын
Also Chris Moeller is biased, he owns an American company that can theoretically benefit from an increase in tariffs! What about the other 90% of BMX companies? I don’t see them being able to keep up with demand if the rest of the companies tank because of tariffs
@Brant_Moore
@Brant_Moore Ай бұрын
There has to be a balance. Being cheaper means less money for companies to put towards riders, trips, videos, etc.
@someplacespecial
@someplacespecial Ай бұрын
For one, thats never going to happen, I do like the thought of no taxes on bmx of course but thats silly talk. To make bmx bikes any cheaper than they already are, youll have to have actual slaves making your parts. Its already bad enough in China and India when it comes to labor costs. Would you rather have slaves in another country making your bmx parts or American citizens making them who are in turn providing for themselves and their families? How can we all work together to make things cheaper that doesnt involve having third world countries make all of our stuff? Thats the opposite of working together... Joe Smith buying a chinese bike for his child is financially helping china, with a small amount going towards a few in the US.
@apathy9237
@apathy9237 Ай бұрын
@@someplacespecial are you insinuating that 90% of BMX companies are using slave labor to provide cheaper bikes for kids? The tariffs are going to bankrupt these companies and then keeping up with demand will become even more difficult with the supply chain being diminished like that. I think that you’re missing the point that BMX companies ARENT making much money as it is, do you really think they can survive having the tariffs greatly increased? How will they have enough money to then start manufacturing back up in America? (By charging outrageous prices people can no longer afford, which will be bad for BMX.) less people on bikes is a bad thing in my opinion.
@apathy9237
@apathy9237 Ай бұрын
@@Brant_Moore i agree there must be balance, i think what we have now is a fair balance as far as bikes being available, and bikes being somewhat affordable for people. Do you think companies are making enough money to afford the increased cost of providing bikes and components to stay in business?
@JNAMOTORSPORTS
@JNAMOTORSPORTS Ай бұрын
Ride American made again
@turnermaddox5599
@turnermaddox5599 Ай бұрын
Make USA made bike.
@tippss3332
@tippss3332 Ай бұрын
Relax people. Not going to happen!!!!!!!
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