Our family business, like others, pays Trump's tariffs — not China

  • 📰 CNBC
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

United States News News

United States United States Latest News,United States United States Headlines

We are importers of Christmas decorations. The vast majority of the items we import are made in China, with some exceptions. China is the only country that can produce many of the items we buy.

In a word, my family does. We are leading importers of Christmas decorations and have been in business since 1946.'s imposition of a 10% tariff last September on many categories of products we offer has had the effect of greatly slowing down sales.on a wide array of goods will have a much greater impact on businesses than the president may realize.

President Donald Trump meets business leaders at the Great Hall of the People in Beijing, China, in November, 2017.We set our prices in December for the following year, as we sell our products to customers starting in January, with delivery to them from May through October.Eighty-five percent of our clients have already placed their orders. We, in turn, place orders with our suppliers from December through May. Shipments from overseas start in May.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

seems like products like yours can easily be made here in America but your greed dictates that you buy from them...too bad for you

Article never mentioned Customs Bond

I wonder how many businesses do business that will be affected by the Tariffs with China Versus the Ones who do business with America products that it will not affect? Anyone happen to know this answer

So, they are an importer of all that Christmas junk that probably violates all kinds of chemical safety issues. Not sorry.

That is absolutely correct.💩🤡👺👹

They don't make Christmas decorations anywhere else in the world? This guys might have created his own problem.

LOL - the “Hidden tax by the GOP” that always says it’s the Dems that want to tax us.

Isn't this going on for a year now? Should have started looking somewhere else. China is taking advantage of us while enslaves its workers.

Cant find labor but Ztrump can get his resort labor visas no problem. We need the temporary immigrants to fill jobs. No options. He can hire illegals at his resorts and not get raided but the small businesses suffer badly.

Same here. Labor, materials, supplies and taxes keep climbing. Remodeling expenses are growing 10% monthly. Clients pushing back jobs until things improve. Trump speaks and doesn’t realize someone has to get hurt then back pedals when stock market crashes. Irrational ass.

Quit selling Chinese made junk please.

Buy American. No more tariffs. Stop whining.

Go old CNBC , Democrat spin

Say it louder so the White House hears it.

Idiot

Well, you will have to squeeze your commie suppliers for more cuts. That's how they pay.

A most stupid statement. Consumers end up paying for tariffs. Not a great businessman.

better import them from somewhere else!!!!

he does these things for his cronies only...no rhyme/ no reason. But if the stock market tanks again...his 2020 will be 🗑️🗑️☠️

Actually normal free trade and free trade principle do not work with China. There will be pain but there will be gain for the American economy and protection of our intellectual property.

The Halloween biz will be clobbered. Halloween is almost as big as Christmas for retailers.

Don’t buy from China

Trump's War On Christmas

And then your own income tax , so it cost a lot to run an American buiessnez , you must earn 175% mark up to beat taxes pay 14 an hour for help . And now your product is more expensive in the USA it’s not easy

You mean taxes

Perhaps you can call Senator Schumer. He appears to have an outstanding grasp of global trade. We too have shelved expansion plans and all hiring plans as a drop in volume is far more likely than an increase. Tipping points are very rarely noted in advance SenSchumer

破鼓万人捶了。

Stop buying Chinese crap.

Finally, people are starting to get it and here’s a cookie 🍪

Literally EVERYONE but China pays for these idiotic tariffs. Unless we want to cancel Christmas this year? Can you imagine how much Pence would whine about that

Not your customers?

Ignoranus

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

How to trade stocks as Trump threatens China with new tariffsThis is how to trade stocks as Trump threatens China with new tariffs, according to TheAroraReport
Source: MarketWatch - 🏆 3. / 97 Read more »