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Is Tern leaving US market due to tariffs

I'm calling my reps today. for the umpteenth time. I'll for sure mention Tern. soon as I finish my VA doctor appt.

I just found out that the logging equipment I was going to import from Quebec basically doubled in price, and to boot, the Swedish company that manufactures it is no longer providing support for any of their equipment in the US. which means if the machine has an issue, it's a brick.

major major major hit to my business. 150K plus the 10K trailer is now north of 275K plus no maintenance support. I'm totally shut out of urban wildfire prevention work
 
I own a cargo bike company in the U.S. and have seen our product costs rise 125% in the last 7 days.

We have paid deposits for hundreds of thousands of dollars of product in production right now, and 7 days is not enough time to set up alternative supply chains.

We have to significantly raise our retail price immediately, but hard to say what we are going to increase it to, because our product costs have been rising double digits every 24 hours.

As far as "seeing a future" goes... sure, there are Plans B,C, and D and we are doing all of them all at once, but it feels right now very much like jumping off a cliff and having to figure out how to build a plane on the way down.

But March 2020 was the exact same thing, and we figured out how to get the plane built then. So we'll figure it out here too.

Just taking it day by day over here.

But in Tern's case, the 46% Vietnam tariff mentioned in the article just got reduced to 10% for the next 90 days, so seems like they have a path to getting the next few shipments of inventory in, but beyond that... 🤷‍♂️

 
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I'm calling my reps daily and hammering on them to do something to stop this madness.
 
I got on Fox News today to share my experience on how tariffs are impacting our business.


I’m not against bringing manufacturing back to America, I think that’d be great actually, but to raise tariffs 125% in a week on one country, and then issue them and temporarily pause them on every other country in the world is a really challenging environment in which to operate and plan a business with a supply chain sourcing dozens of specialty components.

In any case I mainly got on to plug the Domestic Bicycle Production Act which is a piece of legislation that if Congress passed, we would start building in the U.S.A. tomorrow.

 
fantastic interview. you did an excellent job of getting your points across and I loved all the Bunch Bikes footage.
 
part of me wants screenshots of the hate mail. but the other part of me knows it's a bad idea for a business to share that kinda stuff
 
part of me wants screenshots of the hate mail
x1000 (most of it on social media).


Lots of people telling us to go get our parts made down at our local machine shop.

I don’t think I’d trust them to make cargo bike capable hydraulic disc brakes…. Sorry. The ones I need are only made in one place in the world.
 

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LOL somebody play the clown music for that person.

So my forestry company isn't American because my clinometer, DME and my industrial grade datalogger are all made in Sweden? there are literally no stateside options for any of my tech either

these people are on Drugs, man.
 
I’m not an economist. I don’t pretend to know the long term impacts of tariffs as a policy. Nor am I privy to the classified geo-political info that is informing decisions being made.

But there is a sensible way to make major changes to policy that would give businesses the time to adapt, and this is not it.

Businesses like ours are collateral damage, in whatever this game of chess is.
 
I'm calling my reps today. for the umpteenth time. I'll for sure mention Tern. soon as I finish my VA doctor appt.

I just found out that the logging equipment I was going to import from Quebec basically doubled in price, and to boot, the Swedish company that manufactures it is no longer providing support for any of their equipment in the US. which means if the machine has an issue, it's a brick.

major major major hit to my business. 150K plus the 10K trailer is now north of 275K plus no maintenance support. I'm totally shut out of urban wildfire prevention work
Husqvarna? They've been in the US for as long as I can remember.
 
I got on Fox News today to share my experience on how tariffs are impacting our business.


I’m not against bringing manufacturing back to America, I think that’d be great actually, but to raise tariffs 125% in a week on one country, and then issue them and temporarily pause them on every other country in the world is a really challenging environment in which to operate and plan a business with a supply chain sourcing dozens of specialty components.

In any case I mainly got on to plug the Domestic Bicycle Production Act which is a piece of legislation that if Congress passed, we would start building in the U.S.A. tomorrow.

First, congrats for doing that. Second, did Fox then have others on to negate & "debunk" what you said?
 
Husqvarna? They've been in the US for as long as I can remember.
Ah. Ah I see now. I saw your profile comment first.

So here's why using my Husky 137 and 365 is not a good idea at work: Insurance. Forestry and Logging are the most dangerous professions in the US. That's a lot of why logging equipment became a big thing--when you're running a Ponsse or some other kind of Harvester your company's professional liability insurance is *significantly lower* because you're operating a robotic crane from inside a protected cab.

Cabs on Alstors, Ponsses, John Deeres, etc are built to take a strike from a falling tree. I've seen cabs take direct hits before from large trees and the operator gets out just fine. But if you're running a saw, and the tree does a barber chair, or comes back at you, *you are gonna be squished*

I've only had one fatality on a logging operation, and it was an Amish Sawyer who mis-read the lean on a big ash tree and it killed him.

the second you get out of a cab and run a saw, your insurance rates will double or triple.

so yeah, I spent years working as a wildland firefighting sawyer, and was a saw module boss by the end of that adventure. but I cannot afford the insane insurance rates, nor could I afford to get hurt or killed when my entire family depends on my paycheck.

Plus in a machine you can cut about 15 times faster, and that same Alstor can *haul* thousands of kilograms of logs out of the woods once the cutting is done.

so yeah I still have my Huskies on me when I'm at work. but I do not use them unless it's an emergency.
 
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