HomeBusinessHow Trump’s Tariffs Could Affect American Companies

How Trump’s Tariffs Could Affect American Companies

Erica Campbell in Phoenix is eagerly awaiting a cargo vessel to bring a shipment of religious goods from China. The shipment includes Jesus rattle dolls, tin Easter eggs, religious baby swaddle blankets, and Jesus Heals bandages.

Ms. Campbell, the owner of Be a Heart, paid for the items months ago before President Trump imposed a 10 percent tariff on Chinese imports. She’s concerned about possible future tariffs affecting her business.

“I can’t figure out what is going to happen,” Ms. Campbell said. “I am on high alert.”

President Trump’s focus on China has disrupted many small businesses that rely on Chinese factories for efficient and cost-effective production. This situation affects not only large corporations like Apple but also entrepreneurs like Erica Campbell, who runs a successful business from her home.

Numerous companies importing from China have shared how the tariffs are impacting them, highlighting the challenges faced by American businesses. Many are considering raising prices to offset the additional expenses incurred due to tariffs.

Various concerns have emerged, including fears of moving production out of China and the difficulty of finding viable domestic alternatives due to higher costs and limited options.

Reinventing supply chains would be a significant endeavor for companies, requiring time and resources they may not have readily available.

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