I wrote much of this column, including the title, in early April before the Trump administration announced "reciprocal" tariffs on imported goods. A random example: Switzerland, home of CH Precision, darTZeel, Goldmund, Orpheus Lab, Piega, Stenheim, Thorens, and Wattson, among other hi-fi companies, where the tariff is 31%. Before this issue closed, the Trump administration announced a 90-day reprieve for everyone but China, then exempted computers and smartphones (and a few other categories) from the China tariffs. Importers and foreign manufacturers I talked to at
AXPONA in April were happy for the reprieve but remained on edge. Uncertainty reigned.
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