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This will cost ‘half of my total anticipated profit’: Seattle businesses fight to survive turbulent tariffs

This will cost ‘half of my total anticipated profit’: Seattle businesses fight to survive turbulent tariffs

From the article:

“Last month, we brought in a container—a container with a value of about $200,000—and we had to pay an extra $20,000 to bring that in,” he explained. “This month, we’re bringing in another container. That container will cost us an extra $40,000 because the China tariffs went from 10% to 20%.”

Now? Swaddle Designs has a container of products to be shipped to the U.S. currently sitting in China. That container would cost them $300,000 in extra tariffs alone, given the 145% tariff increase.

They’re keeping it in China, hoping the tariffs will come down.

[…]

Molly Moon’s buys compostable spoons from a manufacturer in China, but under the current tariffs?

“The current structure will cost us about $240,000 this year,” Neitzel said. “That’s almost half of my total anticipated profit for 2025.”

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