, Nester Hosiery, and NEMO Equipment met with lawmakers on Capitol Hill this week, letting them know just how hard the U.S.-China trade war is hitting their bottom-line.
From September 2018 to July 2019, outdoor recreation businesses have paid $1.8 billion more in tariffs compared to the year ago period, according to new databy the Outdoor Industry Association. This tariff increase is nearly triple what outdoor industry companies paid last year, according to the trade group's latest data.
NEMO Equipment, a 30-person New Hampshire-based manufacturer of sleeping bags and tents, has paid $175,000 in tariffs so far. While that might not seem like much, Merriam says it means a lot to his business, and has resulted in putting three jobs on hold. "The resources that we normally would've applied to innovating new products have been diverted to making the same product we already make somewhere else," Merriam said.
translation: we cant fatten our wallets as much as last year. these libtard run companies can afford the tariffs! buy their overpriced cheap china made gear on secondary market like Ebay for half the storeroom price
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Fonte: trtworld - 🏆 101. / 63 Leggi di più »