Product shortages and empty store shelves loom with falling shipments from China

[UpInArms]

1. More than doubling the costs

At the current tariff rate, a U.S.-based company would have to pay at least $145 in tariff fees to Customs and Border Protection to import an item valued at $100, except for electronics and pharmaceuticals, which are levied at a lower rate.

Adding those numbers … what was $100 is now $245