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Neal Sherman
Founder of TagX Brands, a used equipment company. He discusses the potential demand for used restaurant equipment as tariffs take hold.
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May 7, 2025
• 26min
How tariffs will affect restaurant equipment costs
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Neal Sherman, the founder of TagX Brands, shares insights into how rising tariffs are reshaping the restaurant equipment industry. With tariffs hitting an average of 27%, restaurants are forced to consider used equipment as a cost-effective alternative. Sherman discusses the increasing demand for his company's offerings amid economic uncertainty, shedding light on the challenges like labor shortages and shifts in consumer preferences towards budget-friendly dining. His expertise brings clarity to navigating this evolving landscape.
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