Company Stockpiles Shoes Amid Tariffs

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The Seattle Times | Local news, sports, business, politics, entertainment, travel, restaurants and opinion for Seattle and the Pacific Northwest.

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With Trump tariffs looming, businesses try to ‘run from a moving target’

Summary

Nutrition label

71% Informative

The election of Trump is already cascading through global supply chains, where companies are grappling with his promises to remake international trade by raising the tariffs the United States puts on foreign products.

Trump has floated a variety of plans, including a 10% to 20% tax on most foreign products and a 60% tariff on goods from China .

Some, like Rick Muskat , are preparing to stock up their U.S. warehouses before tariffs might go into effect.

Some business owners say even if big tariffs are imposed, they could not return manufacturing to the U.S. They would most likely have to pay the tariff, which would mean raising prices for American customers.

Trump did not impose tariffs on toys during his first trade war with China .

But Trump did put tariffs on shoes, cribs, baby gates, bicycles and other consumer products.

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Informative language

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semi-formal

Language

English

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not offensive