“The person who pays the tariffs is us.”
Rebecca and Eva, founders of a children’s clothing company, say that new global tariffs have hit their small clothing business hard. They initially manufactured in the U.S., but costs were too high, forcing them to move production overseas. After Trump’s new tariffs extended beyond China to nearly every country, they’ve paid an unexpected $24,000 in extra costs, threatening their ability to pay themselves and keep production stable.