More companies are beginning to warn that they have to transmit higher costs to US consumers, increasing products such as strollers, mattresses, electric tools and cast iron cuisine utensils as President Trump’s tariffs take over.
Some company officials said they had their legs with no choice but to increase prices as they pay more to import goods and materials to the United States. Other companies have said that it will soon run out of inventory for certain products because they have stopped China’s orders.
Trump has overturned the global commercial system, hitting foreign countries with punishing levies in an attempt to return manufacturing jobs to the United States and point to what he calls “unfair” commercial practices. But economic studies have found that the load of the highest rates generally falls to national consumers and companies.
Although Trump has reduced some tariffs and stopped others while pursuing trade agreements with foreign nations, the impacts of their policies are already beginning to eat domestic budgets and frustrate Americans who have noticed prices for their assets.
Some important companies have recently warned about imminent price increases.
Stanley Black & Decker said Wednesday that he raised prices in his tools and outdoor products last month and will increase them again at the end of this year. The German sportswear company Adidas said this week that the most pronounced tariffs would like to drive at higher prices for US clients.
Procter & Gamble executives, which manufactures products such as paper towels and tides detergent, said the company would probably increase the prices of some products to mitigate the effects of higher tariffs. And Hasbro officials recently said that the Timas manufacturer “would have to increase prices”, although he would try to “minimize the load” in customs.
Some of the most immediate price increases have emerged in response to the elimination of an escape that allowed articles worth $ 800 or less from China to enter the United States without import rates. Shein and Temu, popular Chinese electronic commerce platforms, Begen adjust the prices of US clients last week before the end of the exemption of rates on Friday.
Michelle Hall, a 48 -year -old secretary in Snohomish, Washington, said he started buying Temu products at the end of last year and since then has spent around $ 2,300 on furniture, car mats, smeteries, fifteen Christmas and Osoth. Cheap. “It’s addictive and fun when you get your packages,” Hall said.
But during the weekend, he discovered additional “import positions” that sold out in its total. A cart of six Temu items that would have cost it regularly would cost $ 83.80 to cost $ 92.08 additional due to import rates, Hall said. On Wednesday, he noticed that the platform seemed to eliminate many products that would have incurred import rates, leaving only products that were sent from local warehouses.
Mrs. Hall said she planned to leave Temu because she did not want to pay high prices, and her offers seemed more limited now.
She said she still expected Mr. Trump’s tariffs to have some long -term benefits. She voted for Mr. Trump in November, initially to think that her commercial policies could help reduce the deficit, create manufacturing jobs and make the nation less dependent on foreign countries.
But Mrs. Hall said she wasn’t sure if those benefits would materialize. “Meanwhile, I feel that citizens are suffering,” he said.
Mrs. Hall said she never thought that her own costs would increase, and originally expected Mr. Trump to quickly go down prices.
“I wanted to have faith,” he said. “I don’t have that faith anymore.”
Some companies have said that prices will begin to increase next week because they are higher rates. Joanna Rosenberg, director of Sales and Marketing at Zwilling Ja Henckels, a German company that specializes in cutlery and other cooking products, said the company would increase the prices of some products in early June. The premium knives of the Zwilling and cast iron kitchen utensils, one of the company’s brands known for its Dutch furnaces made in France, will see “one -digit price increases,” said Rosenberg.
She said the company would have to increase the prices more substantially for certain knives of its value brand, Henckels. Some of those knives occur in China, which Trump has reached with a minimum of 145 percent tariffs. The president has pointed out that the rate could fall, he thought that the White House has insisted that he will not do it unless China agrees to support its taxes as well.
“We don’t want to get prices,” said Rosenberg. “There is simply no way we can absorb some of these price increases.”
Some industries are being affected particularly because most of their products are carried out in China. About 90 percent of the durable products for babies and children sold in the United States are manufactured abroad, and the vast majority produced in China, according to the Association of Youth Products Manufacturers.
Several companies selling strollers and car seats said they would have to increase prices to compensate for the highest tariff costs. Uppababy said Arth that prices were adjusted again in most products. Evenflo increased prices between 10 and 40 percent for most of its products on Thursday. Cybex also increased the prices of some products on Thursday, which according to company officials were “inevitable.”
Steven Dunn, executive director of Munchkin, who sells products such as high chairs, strollers and diaper cubes, said the company will probably have to increase prices to 20 percent for many products soon. And Mr. Dunn said the company could have to suspend 30 to 40 percent of its products after its current inventory decreases by an estimated 10 weeks.
“There are many products that we will no longer order the current rates,” said Dunn. “You can’t transmit a 145 percent rate to the consumer and expect them to buy the same product.”
Mr. Dunn said that Munchkin stopped his orders from China last month, and the authorities have tried to get as many manufacturing in the country as possible. Although Trump has urged companies to make more products in the United States, producing more baby products at national level is complex. “The tools, skills and automation simply do not exist here,” said Dunn.
Companies that manufacture products in the United States are not immune to the impacts of higher import rates.
Vy Nguyen, executive director of the Avocado green mattress, said that all his organic mattresses were made in the Los Angeles area. But many of the “central natural components” that are used to make their mates, such as wool and latex, are obtained from countries such as India, Thailand and Guatemala. These materials have increased in price because Trump has instituted a 10 percent general tariff for almost all commercial partners.
The avocado plans to increase the prices of the mates by approximately 6 percent and other products in an average or 7.5 percent as of Tuesday, company officials said.
Some brands have a more vowel leg on price increases because they are concerned about their ability to transmit cost increases for consumers, said Simeon Siegel, a retail bmo capitalist analyst Markets. Companies want to make sure that consumers “do not feel that they are the carpet that withdraw from under them,” he said.
The PAR Réalization, which sells a variety of silk dresses, said customers in an email last month that officials would have to increase the prices of US orders. UU. As of May 2 because their “silk pieces have always been designed.” “Meanwhile, customers could take a 20 percent discount on their order until the end of April, according to email.
Fatima Ocampo, a 24 -year -old data analyst in Sacramento, California, said he was already looking at several reunions when he saw email. Mrs. Ocampo said she was planning to wait to make a purchase, closer to when she will go to the honeymoon in southern France this fall. But I wanted to take advantage of the lowest prices while I could, so he bought three brand dresses for about $ 400 later that day.
“I feel it is a clear example of how thesis rates will be a burden for the consumer,” said Ocampo.