Following a temporary easing of U.S. tariffs on goods from China, Jesusdoll.com is working quickly to import inventory. CEO David Mauro explained that the 90-day tariff reduction provides a crucial opportunity to bring in products at lower costs. This allows the company to prepare for the holiday season.
"This tariff cut means there's going to be a Christmas," Mauro said, highlighting the importance of the tariff relief. The company faces the challenge of importing enough toys within the limited timeframe. The tariff reduction offers a brief respite for businesses navigating the complexities of international trade and supply chains. Businesses are hoping that this tariff reduction will help them keep prices low for consumers this holiday season.
Toy Company Rushes to Import After China Tariff Reduction
A toymaker is scrambling to import goods from China following a temporary reduction in U.S. tariffs. Jesusdoll.com CEO David Mauro stated the 90-day tariff relief period is crucial for importing inventory before the holidays. The company hopes to capitalize on the opportunity to lower costs and ensure sufficient stock for the upcoming Christmas season. The tariff reduction provides a brief window for businesses to adjust their supply chains.
Source: Read the original article at CBS