Study: Chinese tariffs raised costs for suppliers, consumers —

Photo by Chengwei Hu on Unsplash

A recent study documented cost of tariffs on Chinese imports for consumers and businesses:

Tariffs hikes in 2018 on imports from China of apparel, footwear, furniture and travel goods have raised indirect and direct costs for companies and prices for consumers, according to a new study released last week by five major industry groups representing brands and retailers.

P.S. Tariffs increase costs throughout the supply chain. 8th & Walton advisors help suppliers run a nimble business and keep costs down as much as possible — whether their production is state-side or international. Book a consultation today.