Article on small business killed by tariffs


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Posted by Dr.J on August 29, 2025 at 13:32:28

In Reply to: And the prices are going UUUUPPPPP!!! posted by mh on August 29, 2025 at 08:13:35

Puts to rest the idiotic lie that other countries pay the tariffs:

If an importer like Schoell can’t cover unexpected fees — such as an extra $25,000 on a $50,000 shipment due to a sudden 50% tariff for example — the container remains stuck at port, accumulating storage costs.

“The importer, which is [me], pays the tariff the day the container lands, but they won’t release the container from port until I pay the tariff,” said Schoell, who added that roughly 30% of the stores’ goods are imports. “And if that happened to be 50% and it’s a $50,000 container, where am I going to come up with the extra $25,000? So, we basically said we can’t take that risk. We haven’t imported for four months.”




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