Know More. Risk Better. Christmas is Cancelled
May 29, 2025
Michael Kooiman, a retail business owner from Charlotte, NC, shares his expert insights on the challenges small and medium enterprises face due to tariffs, especially regarding Christmas and outdoor furniture imports from China. He discusses the complex impacts of tariffs on supply chains, prompting businesses to seek alternatives. The conversation also touches on evolving consumer spending trends as the holiday season approaches, revealing both optimism and challenges in adapting to economic uncertainty.
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China Dominates Christmas Imports
- Christmas items in the U.S. mainly come from China, especially decorations and trees.
- Outdoor furniture sourcing is more diversified with supplies from Vietnam and Southeast Asia.
Tariffs Cause Supply Chain Uncertainty
- Tariff rates are uncertain and fluctuate until products reach U.S. ports.
- Long lead times complicate forecasting and planning for inventory and pricing.
Tariffs Squeeze Margins & Consumers
- Higher tariffs and rising freight costs squeeze margins across factories, importers, retailers, and consumers.
- Consumers will soon feel increased prices as warehouse stocks dwindle and restocking costs rise.