Companies are already adding a 'Trump surcharge' to bills to deal with tariff price increases
Source: msn/The Independent
3h
Companies across the country are adding a surcharge to customers bills in the wake of President Donald Trumps sweeping tariffs.
On April 2, Trump announced blanket tariffs of at least 10 percent on nearly every country, in what he called Liberation Day for the U.S. Then, on Wednesday he paused these tariffs for 90 days, citing Americans becoming yippy and afraid.
He only excluded China from the pause and is now engaged in a trade war with Xi Jinping as the U.S. levies 145 percent tariffs on Chinese goods while Beijing has put a 125 percent retaliatory tariff in place.
Now, U.S. business owners say theyre passing along higher prices to customers as Trumps trade war with China continues and they brace for the end of the 90-day pause. Sexual wellness brand Dame has added a $5 Trump tariff surcharge to all purchases automatically, CBS News reports. "Our whole industry is in China, so we've already seen the impact," Dame CEO Alexandra Fine told CBS.
Read more: https://www.msn.com/en-us/money/companies/companies-are-already-adding-a-trump-surcharge-to-bills-to-deal-with-tariff-price-increases/ar-AA1CQGUS

msongs
(71,140 posts)Squaredeal
(635 posts)To take into account general inflation resulting from the import duties. Its inevitable.
eppur_se_muova
(38,937 posts)Like everything Turnip promises, you get the opposite result of what MAGAts expect.