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Not if it meant losing bids to competitors. It needs to be an actual change that we can count on or it will hurt us.Right, so all things being equal, would you raise your price and boost margins before tariffs start pinching, or wait until months after?
Yeah we manufactured here. So do competitors as the end product was hundreds of thousands of lbs and transportation becomes a thing. So all things being equal we would do ourselves a disservice unless competitors also did. If they did this too early the our volume on winning would make us profitable even at lower margins. Its all a balance.Except for a lot of products, you can't squeeze out more volume, unless you have a production advantage compared to competitors (ie you assembly in Mexico, they assemble in China). Keep in mind a lot of companies were stockpiling in January as insurance (plus factoring in Chinese New Year disruptions), which means suppliers would be able to charge more in a lot of cases.
FairThe latter is possible but keep in mind that January is an important time of the year, everyone is finalizing bids for Q2 resets and most companies are doing sales kickoffs and locking in plans for the year.
No I'm saying that you lose out on too many jobs if you do something too early. Sales goals are the same for companies in these times but the margin obv can fluctuate. I don't know their thinking. Trump already had his tariffs in place that Biden kept so it was unknown. I would not have lost jobs waiting on whether he was going to increase them and to the number he increased them. Throwing numbers out there before you know how much the delta won't help you imo.Eggs is whatever, that's out of the control of any government for now, outside of structural failures like too much industry consolidation. We'll see what happens as the quarter unfolds, but most businesses do not wait until the ink dries to adjust strategy. You're acting like businesses were giving it a 25% tariffs went up, when in reality most of them worked off the assumption that there was an 80% chance or whatever of higher tariffs.
Again, this will play out quickly over prices so it's not like we have to wait until next year. Whatever happens will adjust soon and Q1 will be evidence of whatever is coming out of China.
