The Tariff Times – What’s up with what’s going up in men’s style

Don’t worry, the Tariff Times will not be a “daily.” Far from it. Expect these round ups only if/when there’s more than enough “somethings” relevant to affordable men’s style. Maybe once a month if that.

• China: The duty free de minimis exemption for China on packages valued under $800 will expire at 12:01am ET Friday May 2nd.
• Canada (Spier): The duty free de minimis exemption for Canada on packages valued under $800 has been extended(?), until “adequate systems are in place to fully and expeditiously process and collect tariff revenue”
  • ?? UPDATE ??: Spier is now saying “the $800 De Minimis exemption will be eliminated, and tariffs of up to 170% will apply to goods of Chinese origin.” So even if the package is shipping from Canada, if, say, a suit is made in China, it could be subject to tariffs? That’s confusing as all hell.
• adidas has said it will raise prices on all US products due to tariffs – CNBC
• Temu has added import charges, more than doubling some prices – USA Today
• DHL is suspending business to consumer deliveries over $800 to the US – Fox Business
• Some Amazon sellers have started to raise prices – CNBC
• Swatch group (Hamilton, Tissot, etc ) is raising prices on some brands – Hodinkee
• Christopher Ward has implemented a 10% tariff charge at checkout
• Rhone sent out an email saying “prices could very well increase”

Worth a listen for those interested:

(Money clip shown very top of post: Maxx & Unicorn USA Made Brass Money Clip – $49)