[Opinion] China's Tariffs increase raises prices for Bakersfield beauty supply stores
4 Articles
4 Articles
China's Tariffs increase raises prices for Bakersfield beauty supply stores
Nikki's Beauty Supply faces price increases due to tariffs on Chinese imports. Owner Nikki Adekoba highlights the tough choices customers make between essentials and beauty products. Tariffs raised from 10% to 20% are impacting profit margins and product availability. Adekoba reports specific price hikes, such as Adore hair color increasing from $4 to $5. The business fears losing loyal customers and potential closure due to rising costs.BROADCA…
Trump must stay the course on tariffs. They’re ensuring fairness
President Donald Trump is wholly justified for taking on China’s unfair trading schemes and economic imperialism. But like any war, it will not be pain-free. In response to Trump’s new 20% tariff on imports from China, the People’s Republic has imposed retaliatory tariffs on American farm products, blacklisted 15 U.S. companies, and completely cut off lumber imports. Businesses that import Chinese goods will pass those costs onto American consum…
The 2025 U.S. Tariff Surge: Implications for OEMs and Global Trade
In March 2025, the U.S. imposed a 25% tariff on imports from Canada and Mexico, overriding the tariff-free provisions of the United States-Mexico-Canada Agreement (USMCA). Only automotive products meeting USMCA’s rules of origin received a temporary exemption. The Trump administration justified the decision under the International Emergency Economic Powers Act (IEEPA), citing national security concerns over illegal drug trafficking and unauthori…
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