How Much Are Tariffs Adding to Holiday Decor Costs?
The holidays are already an expensive time for businesses and individuals around the world, which means that any additional costs are going to hit hard.
According to the CEO of National Tree Co., these costs are going to increase faster than inflation, with his company raising prices by 10% due to the additional $6 to $7 million in costs from tariffs.
Even worse, National Tree Co. is one of those companies with products across the supply chain, so if you’re ordering products from Amazon, Walmart, or Macy’s, for example, you are going to see these increased costs.
