As We See It

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The Commercial Impact of Tariffs (and of Vinyl)

As I write this, the current US president recently put into effect large import tariffs on almost every country except (oddly) Russia and North Korea, then paused for most countries (including EU countries) for 90 days (except for 10%, and then another 10%). The 145% tariff on Chinese exports wasn't paused (except for computers and smartphones).


Tariffs are the dominant force in our industry right now, due partly to the added cost but also to the uncertainty they create. New products, especially those made in China, have been delayed because prices can't be set. Companies in Europe and elsewhere are waiting and seeing; some have implemented or are contemplating price increases; others have decided (for now) to keep prices the same.

Why Hi-Fi Prices Have Risen

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.

Chips Are Still For Chumps

One Saturday not long before press time for this issue, I received an email from Technical Editor (and former Editor) John Atkinson with the subject line, "20 Years Ago."


"Just read your May 2005 As We See It for the first time in many years," John wrote. "Great stuff!"


Could 20 years really have passed since I wrote that piece? Back then, I was in a different career, indulging my hi-fi passion by contributing to Stereophile on the side; now I'm in my seventh year as Stereophile editor. Then I was still a youngish dude; now I am an oldish dude. "Time flies" just doesn't capture it.


Some readers will surely remember that long-ago editorial. It was about a product dubbed the Intelligent Chip, a small piece of—well, something—encased in plastic. I wrote, "This small, plastic-encased device is claimed to permanently improve the sound of CDs. Just place the chip atop your CD player, insert a CD, and press Play. 'The sound of the upgraded disc more closely resembles the sound of the original master recording.'"

Some New Music

Recently, I found myself in an email correspondence with David Chesky, the musician/composer/entrepreneur behind Chesky Records and HDtracks, which was the world's first hi-rez music-download service. With his brother Norman, David has long run those businesses while engaging with his art. At the time of our correspondence, he was on tour with his jazz trio and busy "writing operas and children's works to keep me out of trouble," as he wrote in an email. Brother Norman, surely, has had much to do with the success of the Chesky ventures—I do not mean to give him short shrift—but it was David I was communicating with, so he is the focus here.

Envelop Me

If there's a technical thing nearly every audiophile knows, it's that low frequencies (LF) aren't directional. We tend to treat LF as mono—think sub/sat systems in stereo, "LFE" in home-theater. But if the conclusions of a study by Thomas Lund, a researcher at Genelec OY, imply what they seem to, then that conviction is quite wrong.


In addition to resetting that bit of conventional wisdom, Lund's study may have uncovered an important contributor to the feeling of envelopment so many audiophiles crave, itself a profound source of pleasure beyond the music itself. As I have often said, and probably written once or twice, listening to a good hi-fi system is like getting a massage.

Confounding the Circle of Confusion

In last month's As We See It, I offered some reminiscences of my almost half-century of being involved in audio magazine publishing, as well as some thoughts on the Law of Diminishing Returns as it applied to the prices of hi-fi products. As I was compiling this issue's Records 2 Live 4, it struck me that my interest not just in audio but in recording live music started 10 years earlier, when my parents bought me a mono Grundig tape recorder for my birthday. I first used the Grundig to record the high school rock group in which I played bass guitar, then replaced it with a stereo Sony tape recorder as my opportunities to make live recordings expanded.


Although I excelled in the sciences at school and university, music was my first love. I played in bands, first semiprofessionally, then professionally, and I ended up in the mid-1970s as the house bass guitarist at a recording studio in Cornwall, England. Working at that studio with producer Tony Cox and legendary engineer Jerry Boys, I became familiar with the studio environment and how recordings are created.

Taking Care of Business

After John Atkinson joined Hi-Fi News & Record Review magazine in 1976, he appeared on two covers, in January 1977 and January 1981.


As Jim Austin wrote in this space in the December 2024 issue, following a medical procedure that he had in mid-October, he needed to take several weeks' leave to recuperate. He delegated the magazine's production to Managing Editor Mark Henninger, AVTech Editorial Director Paul Miller, and myself. The three of us worked with copy editor Linda Felaco and longtime art director Jeremy Moyler to produce the issue you hold in your hands.


As readers probably know, I was Stereophile's editor for 33 years until my retirement at the end of March 2019. However, they probably don't know that for the 10 years prior to my joining this magazine in 1986, I was first an editorial assistant, then Deputy Editor, then, in 1982, Editor of British magazine Hi-Fi News. (In a twist of fate, Paul Miller is now Hi-Fi News's Editor.)

To Attract Young Audiophiles, Stay Out Of Their Way

In the September issue of Stereophile, in this space, I proposed a way to attract more young people to hi-fi. To reach younger people with your products, I argued, speaking mainly to manufacturers, create products that have integrity about them and that also tell a story. Products with a message, products endowed with meaning. Use good materials, classic designs, historically important circuits. To improve value and performance, keep the parts count low and assembly simple. These products need to be reasonably affordable, but it's okay to ask young people to stretch for something fine. . .


After that article hit newsstands, I got feedback, much of it of the "get off my lawn" variety.

Two New FTC Rules

The US Federal Trade Commission (FTC) has issued two new/newly revised rules relevant—or possibly relevant—to the hi-fi industry.


As John Atkinson reported in the October Stereophile (see Industry Update), the FTC recently announced a revision to the "Amplifier Rule," with changes that took effect in August. It's the culmination of a process that lasted several years and a significant modification of a rule that has been in place for half a century. Amplifier manufacturers take note. Then in mid-August, the FTC announced the final version of a new rule aimed at banning fake reviews and fake product testimonials. It also forbids companies from intimidating people engaging in critical speech.

What We Lose With Streaming

Photo by Alex Carvalho


In the August issue's As We See It, Tom Fine and I encouraged readers to hold on to their physical media—those black and silver discs—even if they're stashed away in a closet or attic, replaced by hi-rez streaming. An important reason we gave is that with physical media (in contrast to streaming), you know exactly what you're listening to—or at least you can know, with a little work.


Also if you want to, you can do a lot of work, since there is much to know and to learn, especially about vinyl records (and shellacs), and learning about them—about the labels and those arcane codes in the runout groove area—is a big part of the music-collecting hobby. Serious record collectors are likely to have several pressings of favorite albums and to know the provenance of each one. With streaming, you're limited to whichever version they end up with, and usually they don't bother to tell you which version it is. An example is Rock for Light by Bad Brains, which is considered by Robert Baird in this month's Aural Robert.

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