Will the tariffs affect safari pricing or airline tickets??

[dogcat1]

I like the tariffs. Much needed to even the trading field. Question - will they affect safari pricing or airline tickets?

 

[Tally-Ho HUNTING SAFARIS]

tarrifs are on items being imported to the US

 

[coreydb]

Indirectly/eventually, yes. Tariffs are import/export taxes on goods/products manufactured and exported in other countries that could be made here in the US. Airplanes, engines and other aerospace parts would get more expensive under the new tariffs because many of their components are manufactured overseas, as well as their metals. The ripple effect will definitely impact shipping costs.

 

[DillonG]

Energy independence will matter more for flights for US citizens than anything else. We will see. If the market is down, I would consider taking the safari money and investing.

 

[Hogpatrol]

In less than six months, all this gnashing of teeth, wringing of hands and panicking in the markets will be a distant memory. What's going on now is just further proof, we are a nation of pansies unwilling to take short term pain for long term gain.

 

[Tom Leoni]

Call me an incurable optimist, but I think this is just the first stage of a long negotiation that will eventually (and in relatively short order) lead for something better for us all. For instance, the news of Europe proposing a 0-0 tariff policy with the US is merely a few minutes old.

 

[Hogpatrol]

Call me an incurable optimist, but I think this is just the first stage of a long negotiation that will eventually (and in relatively short order) lead for something better for us all. For instance, the news of Europe proposing a 0-0 tariff policy with the US is merely a few minutes old.

Yep, Don't piss off your best customer and that's what we are to the world.

 

[chashardy]

One effect is that investment portfolios of hunters like us retired guys are taking a massive beating, so no hunting for me until the market recovers.

 

[DillonG]

One effect is that investment portfolios of hunters like us retired guys are taking a massive beating, so no hunting for me until the market recovers.

For anyone retired, or nearing retirement this is terrible. Anyone that has a runway of 20-30 years, it looks good. I am looking at this as a blue-light special. I hope that the market recovers for you to get back to your normal budget.

 

[coreydb]

I agree with everyone! Hang tough. The world got tooo comfortable with our benevolence. In a loose way, this is an example of grand socialism......look what happens they run out of other people's money. Unfortunately, in the interim, those of us who are retired, have to hunker down, water down the stew and wait until this storm passes, because it will.

 

[Tom Leoni]

Well, I am like Donald Duck, who walks off a cliff and doesn't fall until he looks down and realizes he's suspended in the air. I am with my old Paesa' Lorenzo De' Medici:

Quant'e' bella giovinezza,
Che si fugge tuttavia.
Chi vuol'esser lieto sia
Di doman non v'e' certezza.

(How beautiful is youth,
Which perennially flees.
Be happy if you want to be:
Tomorrow may not come.)

Going to Africa in August and to hell with my 401(K).

 

[Rimbaud]

This was on X earlier today.

 

[HankBuck]

For anyone retired, or nearing retirement this is terrible. Anyone that has a runway of 20-30 years, it looks good. I am looking at this as a blue-light special. I hope that the market recovers for you to get back to your normal budget.

@DillonG - has there EVER been a time that the Stock Market did Not eventually recover ? For 100 years there have been dips and Crashes but the Stock Market has always recovered and it is usually in a few years…sometimes shorter. I don’t worry about that —— not that it could Never happen but seems very unlikely based on History. (Still, I won’t be looking at my 401K this week — might CRY)

 

[jpr9954]

The only thing I've seen specifically was a post on Facebook by Jarandi Hunting in RSA saying they will be raising their prices 30% for Americans. Seems rather stupid to piss off customers from your largest market.

https://www.facebook.com/huntinginsouthafrica/posts/pfbid02Z54VP3smToyFdQiNgfRcjih69avpd5GMst2L9xRkHWh4iTd81t7H3Wh8YDJFqEZ3l

 

[RLD]

Call me an incurable optimist, but I think this is just the first stage of a long negotiation that will eventually (and in relatively short order) lead for something better for us all. For instance, the news of Europe proposing a 0-0 tariff policy with the US is merely a few minutes old.

Still a long road to go.

And they didn't exactly propose a 0-0 policy. They proposed a 0-0 policy on industrial manufactured goods.

One of the biggest challenges with Europe has been their protections around agriculture. That is where I think the rubber will meet the road.

 

[DillonG]

@DillonG - has there EVER been a time that the Stock Market did Not eventually recover ? For 100 years there have been dips and Crashes but the Stock Market has always recovered and it is usually in a few years…sometimes shorter. I don’t worry about that —— not that it could Never happen but seems very unlikely based on History. (Still, I won’t be looking at my 401K this week — might CRY)

It is a rough week for the market. I hope it recovers for your benefit.

 

[Whit]

The only thing I've seen specifically was a post on Facebook by Jarandi Hunting in RSA saying they will be raising their prices 30% for Americans. Seems rather stupid to piss off customers from your largest market.

https://www.facebook.com/huntinginsouthafrica/posts/pfbid02Z54VP3smToyFdQiNgfRcjih69avpd5GMst2L9xRkHWh4iTd81t7H3Wh8YDJFqEZ3l

Well, one less outfitter to consider... we Americans already have enough people who see us as an opportunity to cash out.

 

[mdwest]

@DillonG - has there EVER been a time that the Stock Market did Not eventually recover ? For 100 years there have been dips and Crashes but the Stock Market has always recovered and it is usually in a few years…sometimes shorter. I don’t worry about that —— not that it could Never happen but seems very unlikely based on History. (Still, I won’t be looking at my 401K this week — might CRY)

the issue isnt recovery..

the issue is recovery timelines..

take the great depression.. many companies that were publicly traded did not survive.. people invested in those companies lost everything...

sure the market recovered.. but it recovered because new companies formed to fill the void created by the old companies exiting.. and those with money had opportunities to invest in those new companies..

but that did nothing for the people that lost everything..

and for older people that didn't lose everything, but lost a lot.. it sure as hell screwed them too...

From the 1929 crash it took right at 25 years for the market to gain back to its pre-crash position.. .

So.. if you're a 50 year old guy that's been saving his entire life, planning on retiring at 65.. you're screwed.. you're going to be 75 before your portfolio returns to its 1929 value.. and likely 80-85 before you have any real material gains that you had planned on being there before you hit the retirement button at 65..

For someone that was 19 when the market crashed, no big deal.. they have their entire lives to wait for the recovery..

For those a bit older... they never see the benefit of the market readjusting...

 

[DillonG]

the issue isnt recovery..

the issue is recovery timelines..

take the great depression.. many companies that were publicly traded did not survive.. people invested in those companies lost everything...

sure the market recovered.. but it recovered because new companies formed to fill the void created by the old companies exiting.. and those with money had opportunities to invest in those new companies..

but that did nothing for the people that lost everything..

and for older people that didn't lose everything, but lost a lot.. it sure as hell screwed them too...

From the 1929 crash it took right at 25 years for the market to gain back to its pre-crash position.. .

So.. if you're a 50 year old guy that's been saving his entire life, planning on retiring at 65.. you're screwed.. you're going to be 75 before your portfolio returns to its 1929 value.. and likely 80-85 before you have any real material gains..

For someone that was 19 when the market crashed, no big deal.. they have their entire lives to wait for the recovery..

For those a bit older... they never see the benefit of the market readjusting...

Precise and accurate reply

 

[Odinsraven]

The only thing I've seen specifically was a post on Facebook by Jarandi Hunting in RSA saying they will be raising their prices 30% for Americans. Seems rather stupid to piss off customers from your largest market.

https://www.facebook.com/huntinginsouthafrica/posts/pfbid02Z54VP3smToyFdQiNgfRcjih69avpd5GMst2L9xRkHWh4iTd81t7H3Wh8YDJFqEZ3l

I will book with them ;-) they understand