That seat will cost how much? US businesses already seeing impact of Trump tariffs
That seat will cost how much? US businesses already seeing impact of Trump tariffs
BOULDER, Colorado, April 12 (Reuters) - A toy store manager hit with daily price increase notifications. A lip balm manufacturer forecasts a $5 million jump in cost of goods. A concert venue impresario who saw a surprise price hike of $140,000 to install new seats in a performance hall.
They are among a dozen business owners and managers who spoke with Reuters about the impacts of President Donald Trump's tariff regime, providing an early idea of what many more Americans might expect, even as taxes on imports - paid by U.S. companies and often passed on to consumers - were partially paused for 90 days this week.
