Many of the tariffs were “add ons” to the existing structure. For example, for tariffs with Canada there were existing fees associated with the current treaties. The tariffs that were put on by Trump were for the things not covered in the original plan.
In other instances the companies are eating the difference.
Finally, there was such “front loading” that many items that now have tariffs were brought into the country before the rules took effect.
I’ve recently been looking at buying some clothing from Great Britain. They are having you put the tariffs onto the cost of the items, much like you would with a VAT. I’ve seen this on EBAY sales as well.
In the cases of companies like TEMU, they are going to get expensive over the next quarter. The elimination of tariff exemption on small packages is going to hit them hard.
How long will these ‘frontloading’ or existing stocks last?
Globalist pablum