More Price Hikes Could Be Coming as Another Retailer Increases Prices
4 Articles
4 Articles
More price hikes could be coming as another retailer increases prices
HONOLULU (KHON2) -- Budget retailer Daiso is the latest to announce a bump in their prices across the board. There is another change coming that could push prices everywhere even higher. Spike in steel tariffs could imperil Trump promise of lower grocery prices Bargain shoppers like to show off their haul after a stop at Daiso. "Let's see, the stool was $8, but still cheaper than buying from Chinatown," said Lynn Ishihara, Daiso shopper. "…
Macy's, Ross, Best Buy, and More Stores Say They're Raising Prices Due to Tariffs
It’s been roughly two months since the Trump administration's tariffs took effect, and businesses are buckling under the pressure. To refresh: There is currently a 25 percent tariff on aluminum, a 30 percent tariff on Chinese imports, and a 10 percent universal baseline tariff, according to NBC News. Though many retailers have delayed price hikes, stores like Macy’s and Best Buy and popular brands like e.l.f. Cosmetics are warning shoppers that …
How to Buy Cheap Products Amid Rising Import Duty from China to America
The News God How to Buy Cheap Products Amid Rising Import Duty from China to America The United States has exponentially increased tariffs on imports from China, raising them to a whopping 145% in early April. This escalation led to increased costs for both consumers and businesses in America. Although the tariff hike was later partially rolled back and a 90-day exemption period was introduced, future trade policy remains highly uncertain. It’s …
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