Donald Trump Ruined My Business I’m an Amazon seller. I sell toys. My best selling product is made

[human1234]

Donald Trump Ruined My Business

I’m an Amazon seller. I sell toys. My best selling product is made of steel and sourced from China. The U.S. doesn’t have a domestic toy market. Even with 200% tariffs it would still be cheaper for me to source from China instead of producing in the U.S. 

My product was loaded onto the boat March 1st and I expected to pay 25% (Section 301 tariffs) + an additional 10% China tariff, and a 3% duty. The boat departed a day after Trump announced the additional 10% China tariffs(so now 20% or 48% total). My inventory still hasn’t arrived so who even knows how much I’ll be paying when it finally hits the port. 

If I order again I will be paying 82% in tariffs(additional 34% tariffs from liberation day) My Chinese competitors frequently undervalue their shipments so it doesn’t affect them anywhere near as much as me. 

I wonder how much of these tariffs i can claw back by pretending the Gulf of Mexico is called the Gulf of America. 

Even those MAGA hats are made in China. 

I don’t think any American teens are salivating at the thought of working in a coal mine or a sweatshop making shirts/shoes. 

No smart business man is going to invest millions of dollars into the U.S. when our president has a bi polar economic policy changing his mind on tariffs every other week. 

I guess this is what we get for electing someone who got a small loan of a billion dollars from his dad and still filed for bankruptcy 7 times. 

I really feel bad for the lower class who now has to deal with the biggest tax hike in history. What happened to no taxation without representation? 

I truly hate to get political but I’m near certain I’m going out of business. 

Sorry for the rant. 

 

https://www.reddit.com/r/ecommerce/s/iByqKLvTLe