Tariff Impact
Well, you heard the president—tariffs are going up across the board on everything.
Historically, tariffs have never done anyone justice. While they didn't cause the Great Depression, they certainly made it worse—like throwing gasoline on a fire. If you study economic history, you’ll find countless examples of tariffs doing more harm than good. Yet, despite history proving these arguments time and time again, people either don’t care or don’t understand.
Now, how will this impact us? More specifically, how will it impact the jewelry business?
If you know me, you know I invest in the stock market and keep up with financial news. Small businesses have ways to maneuver around tariffs—something large corporations struggle with due to strict regulations and massive finance departments. Still, there will be a cost increase for imported goods. The key is minimizing that impact as much as possible. A 10% tariff might translate to just…
Welcome! SO, wanna share what your business you're going into? What about blogs? have you written before? Just wondering.