Select to expand quotecolas said..ZeroVix said..
Of course the USA doesn't have a debt issue. With about 1.2 trillion in annual debt service and rising!!! Kind of the new way to do business.
It would be foolish to think that the same economic rules applies to states and an individual. For instance, the individual is mortal, and when he dies, his debt disappears.
That's why if people think that a country can be mortal (i.e. defaults), catastrophes happen. E.g. Argentina. And probably Trumpland.
SIr, when an individual dies, his debt doesn't disappear. The estate is responsible to satisfy the debts. And most individuals have a legacy. They have responsibilities and obligations. Unless you are worthless and don't care about your family. Something countries should follow. Not passing the bucket down the road.
I hope one day you will understand that being the reserve currency has created more problems for the USA in the long run. It can be compared to handing over a credit card to you and you make the minimum interest payment. Long term it creates issues.
US obligations are not hyper stable. They held the highest credit rating. They are the benchmark for default risk free. Not risk free. Default risk.
In reference to the new budget, with all due respect you don't understand how budgets are created and passed. The new funding is a Biden approved budget that they foolishly passed with additional 2 trillion of crap in it that was already approved.
I highly suggest that you stop reading news media articles. Everyone is an expert today. There are great books out there to enhance ones knowledge.
Yep, all of those "experts" in infectious disease are now "experts" in global economics.
The bottom line is that, Yes, Tariffs will impact prices on Wings, Foils & boards. Even if some US companies are able to shift production to other countries, it will cost them thousands of dollars in tooling, & months of delays, lost revenue. Many will simply not be able to weather the storm.
I am interested to see how KT, Jimmy Lewis, and Starboard handle these new tariff situation. All of their production style boards are made overseas. Only the one offs are made in HI.
Select to expand quoteVenturaShaper said..
I am interested to see how KT, Jimmy Lewis, and Starboard handle these new tariff situation. All of their production style boards are made overseas. Only the one offs are made in HI.
My guess is they will freeze all orders until Tariffs come down to a reasonable level. I would think they would consider 10%.... They would also have to trust they will not change again before clearing US customs... Anything coming from China will be put on hold indefinitely.
Companies such as Foildrive will have a 10% tariff when selling into the States. Where as knockoffs shipping from China will have a 145% tariff added.
Quite an advantage for Foildrive.
Select to expand quoteZeroVix said..
SIr, when an individual dies, his debt doesn't disappear.
No.
You can always refuse an inheritance.
In the US this process is called a "disclaimer of inheritance" or "renunciation of inheritance."
In France, it is even better, you can just say that you accept it only if it is not a debt. ("Accept under benefit of inventory" If debts are higher than assets, you're not liable beyond what the estate can pay.)This is the case of most European countries, and those influenced by the Roman or Napoleonic code.
Again, thinking that the budgeting of a country is the same as a family is a false analogy (i.e, a lie) that populists use to manipulate opinion.There are plenty of detailed articles explaining why, but here is a simplified one:
berl.co.nz/economic-insights/governments-and-households-budgets-same-or-different
As you can see, if you have a big external debt, Trump acting first to raise the interests you pay on it and making potential buyers flee is utter insanity... and hugely raising the debt on top of that is raving madness.
PS: debt can be good if your economy is strong, because emitting a bound is investing in your economy: if China (for example) gives you $1 by buying your debt, investing it in your economy will bring you more return on investment on it than the interests you pay for it to China. Having your $1 "work" is more profitable than it sitting in the bank. And thus again, tanking your economy with a depression while borrowing is the pinnacle of idiocy.
Select to expand quoteairsail said..
Companies such as Foildrive will have a 10% tariff when selling into the States. Where as knockoffs shipping from China will have a 145% tariff added.
This is why China organized production in other countries like Vietnam as a workaround for Trump tariffs in his first mandate.
And you can guess that a lot of stuff will become magically "made in Russia" with 0% tariffs.
China has been "Colonizing" the eastern parts of Russia for a long time now.
www.themoscowtimes.com/2025/04/11/asian-business-giants-thrive-in-russia-despite-sanctions-a88697
Everyday, Trump explodes the record for economic stupidity.
Today:"we're now putting much higher tariffs on intermediate goods used in manufacturing than on final goods. This actually discourages manufacturing in the United States."
Import Chinese battery: 145% tariff
Import Chinese battery inside Chinese laptop: 20% tariff
Import Chinese battery inside Vietnamese laptop: 0% tariff
paulkrugman.substack.com/p/the-trump-tariffs-just-got-even-worse
What will be tomorrow's insanity? no one knows, especially Trumpo.
I would not be surprised if the foil/SUP/Wing companies would stop importing any gear at all to the US while Trump is still president.. and the current bug preventing the US to perceive tariffs isn't fixed.
It could thus mean cheaper prices for us in civilized countries (more supply).
-If you care about your digestion, my advice is - don't talk about Trump or politics at the table. And, God forbid - never watch Dems or Republican news before dinner.
-Hmm. But there are no other news.
-In that case don't watch any at all. Do you know I once made thirty tests in my clinic. And what do you think? The patients who never watched or read news felt excellent. Those whom I specially made read CNN and Fox all lost weight. [.] And not only did they lose weight. Their knee reflexes were retarded, they lost appetite and exhibited general depression.
Select to expand quoteJohnnyDepp said..
-If you care about your digestion, my advice is - don't talk about Trump or politics at the table. And, God forbid - never watch Dems or Republican news before dinner.
-Hmm. But there are no other news.
-In that case don't watch any at all. Do you know I once made thirty tests in my clinic. And what do you think? The patients who never watched or read news felt excellent. Those whom I specially made read CNN and Fox all lost weight. [.] And not only did they lose weight. Their knee reflexes were retarded, they lost appetite and exhibited general depression.
Are you are quoting "Heart of a Dog"?
Select to expand quoteVenturaShaper said..
I am interested to see how KT, Jimmy Lewis, and Starboard handle these new tariff situation. All of their production style boards are made overseas. Only the one offs are made in HI.
The real question is, is the foil fever so strong that people still keep buying stuff when it gets so much more expensive? I think that will determine how much will still be sold. 
On the serious side:
I like to read a lot about history, and what worries me much more than Wings prices is a pattern I see:
Silencing free press,
dismissing and threatening political opponents,
attacking the judiciary and ignoring laws,
strengthening key defence positions with loyalist people instead of experts,do or threaten to do militarily stupid things purely because you have the power to do so.
populism,and poining to an minority enemy in your own country to blame for everything,
then create another crisis for even more power and to break the last resistance and you've got the standard spin book of how to become a totalitarian regime....
Select to expand quotemotogon said..JohnnyDepp said..
-If you care about your digestion, my advice is - don't talk about Trump or politics at the table. And, God forbid - never watch Dems or Republican news before dinner.
-Hmm. But there are no other news.
-In that case don't watch any at all. Do you know I once made thirty tests in my clinic. And what do you think? The patients who never watched or read news felt excellent. Those whom I specially made read CNN and Fox all lost weight. [.] And not only did they lose weight. Their knee reflexes were retarded, they lost appetite and exhibited general depression.
Are you are quoting "Heart of a Dog"?
Da. Heart of a dog. 1925.
Select to expand quoteJohnnyDepp said..
-If you care about your digestion, my advice is - don't talk about Trump or politics at the table.
I care about my democratic country (France), so it is vital to take lessons in how Trump has destroyed the USA.
Just like it was enlightening to see how the Brexit self-immolation happened.
It is not for idle chats in dinners. It is for protesting loudly at the first signs of politicians wanting to replicate Truss or Trump here.
And it works, it is obvious that without the "Trump experiment" spectacle Marine Le Pen attempts to evade sentencing may have worked. Just like she tries now to hide she was pushing for a "Frexit". Or praising Putin.
So, the USA may be dead for decades, but there are other countries to save from Idiocracy infestations.
Foiling is not a cheap sport to start with even before the changes in tariffs. The guys who buy the latest and greatest gear are not hurting for money. I do not think that the tariffs will affect those guys much if at all. Most of the new gear coming out isn't revolutionary anyways. Is it a little better and A and B, yes, but in terms of riding high aspect vs mid to low aspect like we had 3-5 years ago, nothing has really changed.
A close friend is in the "not hurting for money" category, and has basically all wing sizes, many in the top-of-the-line model that costs four or five times as much as what I typically pay (for last years model on sale). But she'll still be thinking twice before paying 50% more, and probably delay updates. But what will affect likely affect her more is availability. I've seen this before in windsurfing, albeit for completely different reasons: board and sail categories that are not popular in the US are basically not available from many brands (speed and slalom gear).
The same thing is may well happen with wing gear. Until a new trade agreement with China is reached, importers and shop owners will be extremely hesitant to place any orders. Importing something now when 145% tariffs are added, and then see the value of your inventory drop to half when a trade agreement is reached? Even if tariffs stay high, who will buy a US$5K dlab wing?
How fast will a new trade agreement be reached with China? In the 2018-2019 trade war, it took more than a year to reach the first agreement. With more than 70 nations seeking to negotiate deals now, if you believe what the administration claims, it is hard to see how a deal with China would happen any faster. So US stocks for this season will be limited to anything that was shipped before April, at least for wing equipment made in China.
As someone in the states I'll say yeah it's a bummer to see the foil prices go up but I'm far more terrified of the larger consequences of what is happening to our country. Jeroensurfs comment sums it up well. Select to expand quoteJeroensurf said..VenturaShaper said..
I am interested to see how KT, Jimmy Lewis, and Starboard handle these new tariff situation. All of their production style boards are made overseas. Only the one offs are made in HI.
The real question is, is the foil fever so strong that people still keep buying stuff when it gets so much more expensive? I think that will determine how much will still be sold.
On the serious side:
I like to read a lot about history, and what worries me much more than Wings prices is a pattern I see:
Silencing free press,
dismissing and threatening political opponents,
attacking the judiciary and ignoring laws,
strengthening key defence positions with loyalist people instead of experts,do or threaten to do militarily stupid things purely because you have the power to do so.
populism,and poining to an minority enemy in your own country to blame for everything,
then create another crisis for even more power and to break the last resistance and you've got the standard spin book of how to become a totalitarian regime....
Select to expand quoteboardsurfr said..
....
The same thing is may well happen with wing gear. Until a new trade agreement with China is reached, importers and shop owners will be extremely hesitant to place any orders. Importing something now when 145% tariffs are added, and then see the value of your inventory drop to half when a trade agreement is reached? Even if tariffs stay high, who will buy a US$5K dlab wing?
I can tell you for sure. NOT ONE brand will bring anything in at 145% tariff.... Besides AFS, this means about 90% of Foils, 75% of all Wings, & maybe 50-60% of boards.
A warning for wingers in the US who have not seen it: if you order gear from Europe, you may get hit with a huge "surprise" bill for the 145% import tax. Here is an screen shot of what someone posted on FB (with identifying info greyed out):
This was an order for Gong, but the gear was apparently produced in China. The $1,600 duty includes the cost of shipping (around $120), and is in addition to the ~$1000 he had paid already for the gear. Chances are orders from other manufacturers and countries are also affected if the gear is originally made in China.
If you're in the US, be careful about ordering gear for international shipment.
Note also that the current exemption of tariffs in the US for orders less than $800 ends May 2nd.
And that tariffs may skyrocket again, since nothing Trump did in his 2nd mandate worked, he is becoming more and more insane by the day with sheer frustration.
He has already raised some Chinese tariffs to 245%.
And even if assembled in EU, if the parts are from China, China tariffs apply. That's the COO - Country of Origin - rules.
flavorcloud.com/understanding-country-of-origin/
I went to order <$600usd from Gong yesterday. Got a warning about 105% Tariffs.
Think I'll be shipping to family in Canada instead.
And... No more imports to US customers anyways.
As I said, the problem is not so much the tariffs but the sheer idiocy of the instability and unpredictability.
"DHL Express is suspending deliveries to the US worth more than $800 (?603) because of a "significant increase" in red tape at customs following the introduction of Donald Trump's new tariff regime. The delivery giant said it will temporarily stop shipments from companies in all countries to American consumers on Monday "until further notice".
www.bbc.com/news/articles/c1jx9ep5l63o
Select to expand quotecolas said..
And... No more imports to US customers anyways.
As I said, the problem is not so much the tariffs but the sheer idiocy of the instability and unpredictability.
"DHL Express is suspending deliveries to the US worth more than $800 (?603) because of a "significant increase" in red tape at customs following the introduction of Donald Trump's new tariff regime. The delivery giant said it will temporarily stop shipments from companies in all countries to American consumers on Monday "until further notice".
www.bbc.com/news/articles/c1jx9ep5l63o
My guess is that too many shipments are being rejected by the purchaser due to the insane taxes. This mean DHL is on the hook for returning the shipment to point of origin for no fee.
I ordered two Isurus wetsuits (California-based) at xmas, before the impending tariffs.
Unfortunately for me (and them) they had glue issues on this batch and had to wait for a replacement before shipping them...
Today I received:
"Colas, we will refund your purchase tomorrow morning.
Due to the tariffs and super hard delays, we don't have what you have ordered."
And since they cannot get gear to sell anymore, it is obvious that most US small businesses, who do not have the money to bribe Trump, will go bankrupt soon due to - literally - the Nazi Tariffs.
(Note: this a must read, the parallels between 1933 and 2025 tariffs wars are staggering)
www.theatlantic.com/ideas/archive/2025/04/nazi-germany-tariffs-trade/682521/
PS: mcrt, the world will not end. The USA small business ecosystem will.
Select to expand quote
Ah yes, I forgot:
To read most of these sites, just disable the javascript in your browser.
There are handy extensions for this, e.g:
addons.mozilla.org/en-US/firefox/addon/disable-javascript/
"essentially all shipments out of China for major retailers and manufacturers has ceased."
And what the Mango Moron do not understand is that Chinese ships take nearly 2 months to land in the US.
The price hike and shortages will hit the US hard in June, whatever he decides now.
www.wsj.com/business/logistics/cargo-shipments-from-china-to-the-u-s-dwindle-9877596a
Note: to read the article, use removepaywalls.com/
E.g: archive.is/20250425214033/https://www.wsj.com/business/logistics/cargo-shipments-from-china-to-the-u-s-dwindle-9877596a
IMO This was all about China from the get go. This move reminds me of when POTUS Reagan announced the Star Wars program, that pressured and eventually bankrupted the USSR and caused the Berlin Wall to fall.
I wonder what everyone thought was going to happen WHEN China " repatriates" (invades) Taiwan? That it would be business as usual with China?
Of the many reasons to pressure China's Economy, possibly preventing a war has got to be near the top of the list. The world being this dependant on China is just stupid on so many levels.
I don't know if these Tariffs, enacted like this will help change Taiwan from being a goal of China, but doing this now, could be a far cry better than waiting until the bullets are flying and having another Ukraine 2.0 war on our hands.
Most experts agree that the Taiwan invasion would happen by 2027.
Select to expand quoteFishdude said..
IMO This was all about China from the get go. This move reminds me of when POTUS Reagan announced the Star Wars program, that pressured and eventually bankrupted the USSR and caused the Berlin Wall to fall.
This is where the Trump administration incompetence shows.
- they tried the tariffs against China in Trump v1 and failed. The insanity is doubling down on something that did not work, and for which China had years to prepare against, seeing how Trump could fold. See this 6 years-old article: "Trump has only one negotiating move: Take an aggressive position, try to deceive others and maybe yourself about your own strength, issue threats you cannot fulfill, and then retreat amid losses if the bluff is called."
www.theatlantic.com/ideas/archive/2019/05/north-korea-resumes-missile-testing-disregarding-trump/589081/
- they applied tariffs on all products, instead of only where China had some questionable practices (mainly state subsidies), cornering China to retaliate, Xi could not be seen to lose face.
- they first attacked all their allies, effectively putting the USA against the world, the opposite of what Reagan did. Trump even mocked Lesotho explicitly and put heavy tariffs on it... but Lesoto is the main producer of Trump textile merchandising!
- they killed the USA credibility by the uncertainty, making Japan - not even China... yet! - sell its US bonds and making Trump capitulate in less than 24 hours.
I agree with you, Trump makes Taiwan invasion more and more probable. Unless like the Ukrainians, the Taiwainese can deal with the less insane in the Trump administration while Trump has lost interest.
