Link: The tariff apocalypse is here
As President Trump ended a trade rule allowing duty-free imports, Americans face new consumer challenges. Tariffs have led to inconsistent pricing and stock issues for goods like planners and electronics.
Consumers are noticing increases in product costs across various sectors due to these trade policies. Niche industries, such as craft suppliers, arduously announce price hikes and suspended orders.
This policy shift has also affected the availability of goods from overseas. Camera sellers on eBay and craft supply companies, for instance, have had to adjust swiftly, impacting US-based consumers.
Luxury and specialized retailers, like Canada's SSENSE, reflect these duty changes at checkouts. SSENSE is even facing bankruptcy due to lost exemptions on duty-free imports.
While trying to avoid surprise tariffs, I sought to buy a Hobonichi planner locally. However, shipment delays and customs issues mean they're now only available through preorders.
This signals a broader shift in shopping habits as American consumers grapple with new limits to e-commerce and face higher costs. This might be the new reality in US consumerism, signaling a potential decline in certain industries. #
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Yoooo, this is a quick note on a link that made me go, WTF? Find all past links here.
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