American consumers are noticing a new line in their purchasing recipients, a tariff surcharge.
Even with the 90 -day break of President Donald Trump on rates, companies and customers are feeling the impact, especially those that import their products from China.
The surcharges have been appearing in several industries, impacting almost everything, from clothing prices to car manufacturing.
Some companies are charging fixed rates, while others charge a percentage of the total cost of a specific purchase.
Alexandra Fine, CEO and co -founder of Lady, a sexual welfare company, spoke with the Wall Street Journal (WSJ) about the complement of “Trump Rate Surcharge” of his company.
“It does not cover the total cost, the memorandum simply closes, but it felt better than pretending that everything is fine,” Fine told WSJ.
She said the surcharge was a “statement” and let the client “know how these policies are affecting us all.”
The company manufactures its products in China, which has been beaten with an import rate of 145% amid intense commercial tensions between Trump and Chinese President Xi Jinping.
The Amazon CEO, Andy Jassy, recently told CNBC that he believes that manufacturers will begin to “pass that cost” to customers instead of trying to absorb it.
Many of the company’s third party vendors, which represent 60% of the products sold on Amazon, are based in China, and face Trump’s toughest tariffs.
Wedding dresses are also rising in price due to rates. Paul Virilli, co -owner of Jan’s Boutique in New Jersey, told CBS News that China’s dresses prices are also going up.
“We hope that China and the relationship of the United States will be fixed and resolved so that we can continually sell this dress at the price at which you are marked,” Virilli told CBS News. The departure pointed out that most of their dresses come from China and Vietnam.
On Friday, the White House Secretary, Karoline Leavitt, said Trump is “optimistic” about making an agreement with China on tariffs.
Currently, Beijing has a rate of 84% on US imports.
“The president has made it very clear that he is open to an agreement with China,” Leavitt said.
He also said Trump would be “kind if China intends to reach an agreement with the United States.”
