With New Tariffs On Imports, What Is The Best Next Move?
Aug 27, 2019
China and the United States are raising rates on imports, but there is a solution for those needing products for their offices, associations, trade shows and industry needs.
China’s Ministry of Finance said new tariffs (of between 5 and 10 percent on $75B worth of imported goods from the U.S.) will be put in place, and in return, President Trump raised rates on nearly all imports from China.
Trump said he would increase tariffs on $250B worth of Chinese goods from 25 percent to 30 percent on October 1 and that the U.S. would tax an additional $300B worth of Chinese imports at a 15 percent rate, which will go into effect on September 1.
These new tariffs could cost the average U.S. family $1,000 a year.
So what can be done?
People can opt for American-made products instead!
Choosing items that are made in the United States can support and create more jobs, boost the economy and show off national pride.
Last year, for instance, 264,000 new jobs were added in the American manufacturing sector - the highest number of new workers since 1988.
From drinkware and office supplies to clothes and election materials, Buy US Promos is full of products that help businesses and organizations grow and succeed. Plus, all of these items can be imprinted with your name/logo and are made right here in the United States of America.
So with all the recent news, it is clear that the smart decision here is to keep it close to home, support those around us, avoid extra fees and go American.