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Small line could be crushed under President Trump ’s increased tariffs , according toan undecided letterby 38 distaff consumer merchandise founders .
While Trumppaused his tariffincreases for 90 days for various countries — set the pace at 10 % for now — China ’s wasraised to 145 % , which includes the previous 20 % levy .
In the missive , put out Thursday , these founders pep up Trump and Congress to back off the tariff increases , at least until little businesses can encounter affordable supply chain alternatives . myopic of that , they want exemptions for small businesses .
The letter was written by Allison Luvera , founder of Juliet Wine , a inauguration that sell upscale boxed wine direct to consumers . Luvera tells TechCrunch that she face a surprisal $ 200,000 eyeshade , per year , because she ’s buying a key promotion factor from abroad and has no U.S. choice .
The letter of the alphabet document a few other such trouble , such as a home - clean brand that must source its refillable pouches from oversea for deficiency of immediate U.S. choice . Tariffs threaten to increase the cost of that bit of packaging by 80 % .
The group of 38 say their businesses bring forth $ 800 million annually , employ thousands , and source supplies from both domestic and external manufacturing business . They point out that tariff land more heavily on small job .
“ Unlike large corporations , little business miss the leveraging to renegociate supply string contract , the margins to engage extortionate cost increases , or the cap required to rapidly reconfigure global supplying chains , ” Luvera write .
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This chemical group wants other little business owners — and anyone else concerned about the economic impact — to help them lobby Congress . They ’re asking for a small business appraisal — so the government activity knows the impact . Ideally , they would like small businesses to be nontaxable from such duty increases . fail that , they are lobbying for “ grants , tax incentives , or proficient aid ” in helping U.S. little businesses solve their supply chain pain due to Trump ’s trade policies .
Among the signer is designer Rebecca Minkoff and Alison Wyatt of the Female Founder Collective . Others include : Emily Doyle and Mei Kwok of Dune Suncare and Yanghee Paik of Rael .
