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[quote=Anonymous][quote=Anonymous][quote=Anonymous]My cousin is going out of business because of the tariffs.

She had a small business she started out of her garage in 2022. It quickly boomed and she outgrew her space. She rented a warehouse and has been based out of there for a few years now. Doing great sales wise.

Right now, her operations are on pause, but she's told us in the family that unless there's a total tariff reversal, she'll be permanently closing.

[b]Her tariff bill increased from around $10k to almost $200k. [/b]

-So that'll be her and her partner out of jobs.
-The warehouse landlord out a tenant because their 3-year lease is up in July and she's given notice that she can't renew. This location was built in late 2019 and sat empty until she came long. The other units in the park are also empty. 
-Staff will be out of jobs.

MAKING AMERICA GREAT! [/quote]

Sorry, but no. Nothing was raised that amount. She’s either buying more product, or lying. You choose. [/quote]

DP. Tariffs are tricky.

Check out this tariff bill from a Reddit user. Previously, they were paying a 2.5% aluminum tariff of $84.50 and Trump term 1 25% China tariff of $845 in tariffs on goods of $3380. In the midst of the new  Trump tariffs, they paid another 25% trump term 2 China tariff of $845, a 20% Trump term 2 aluminum tariff of $676, and narrowly missed the additional 125% tax which would be  another $4225. So this person’s tariff bill would have gone from $860 to $5700.

https://drive.google.com/file/d/1oFimeRm8D0hPwXpr3MMlWViVJn4Nf3Ac/view?usp=sharing

https://www.nytimes.com/interactive/2025/04/12/business/economy/china-tariff-product-costs.html?unlocked_article_code=1.B08.70oJ.MtY4UOF577H5&smid=url-share
[/quote]

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