I've been short on work, which means I've been poor. I use my off time to work on side projects that I simply could not afford to complete if I paid what US companies charge for tools, components, and custom PCBs. My ability to innovate is seriously impacted by these tarrifs and there is no alternative that I can afford.
I recently created something that people in my industry actually want to buy, but I only ordered enough parts for 5 units. I had priced them so that when I sold them, I'd be able to put larger orders in to begin getting quantity discounts. Only problem is, what was going to be a $2k order will now cost roughly $5k, and guess what? I didn't charge $1k apiece. Now I'm out of stock and stuck in limbo waiting to earn cash from my regular job and see how these tarrifs shake out.
I recently created something that people in my industry actually want to buy, but I only ordered enough parts for 5 units. I had priced them so that when I sold them, I'd be able to put larger orders in to begin getting quantity discounts. Only problem is, what was going to be a $2k order will now cost roughly $5k, and guess what? I didn't charge $1k apiece. Now I'm out of stock and stuck in limbo waiting to earn cash from my regular job and see how these tarrifs shake out.