Consider This from NPR Drowning in tariffs, American businesses try to stay afloat
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Apr 10, 2025 The podcast dives into how new tariffs impact American businesses across various sectors. Business owners, from a frywall inventor to machinery manufacturers, share their struggles in adapting to fluctuating costs and supply chain issues. A spice company and a commercial shrimper provide insights into the emotional toll of these policy changes. The discussion highlights the broader economic implications and the urgent need for innovation and adaptation in the face of uncertainty.
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Frywall and Tariffs
- Yair Reiner, inventor of Frywall, manufactures in China to sell at $25.
- New tariffs threaten a 20-25% price increase, jeopardizing his business.
Winton Machine and Tariff Uncertainty
- Lisa Winton, a U.S. manufacturer, faces tariff costs passed on by distributors using Chinese parts.
- The uncertainty makes financial planning difficult, despite some benefiting from the "buy American" sentiment.
Burlap& Barrel's Global Tariff Woes
- Ethan Frisch, of Burlap& Barrel, sources spices from 30 countries, facing diverse tariff challenges.
- They absorb tariff costs to avoid raising prices or impacting farmers, limiting innovation and eroding trust.