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Baner Club > Blog > Crime and Juistice > ‘It’s going to be hard’: US firms race to get ahead of Trump tariffs
Crime and JuisticeUnited States

‘It’s going to be hard’: US firms race to get ahead of Trump tariffs

Trump's tariff threats, according to handbag designer Sherrill Mosee, are already having an effect.

Last updated: 2024/11/27 at 7:26 PM
Published November 27, 2024
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Sherrill Mosee, a handbag designer, was initially happy to wait when she found out that almost 2,700 of the handbags and backpacks she had ordered from her Chinese manufacturing partner would not arrive on a single ship this autumn.

Then, Donald Trump was elected president of the United States again.

“I’m like, okay, we’ve got to bring those in,” stated Ms. Mosee, the founding member of the Philadelphia-based small firm MinkeeBlue. Her company is among the thousands nationwide getting ready for the possible effects of Trump’s pledges to levy high new tariffs on all incoming goods.

Trump’s announcement this week that he would act on his first day in office gave such attempts more immediacy. He targeted China with the measures, which were a form of border tax.

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BanerClub November 27, 2024 November 27, 2024
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