"The administration’s abrupt policy shifts alone have caused damage. When Trump first threatened in September to increase tariffs to 25 percent, everyone — including our competitors — wanted to get their products to the United States before the levies took effect. Ocean freight companies lifted their prices dramatically. The administration eventually backed off, but we’d absorbed more than $1.5 million in additional freight costs, which we couldn’t recoup. Running a business requires adapting to adversity; these sudden changes came like a punch to the gut."
Read more about our CEO, Arnold Kamler, and the tariffs