Amid escalating U.S. China trade tensions, American companies are adding explicit “Trump tariff” surcharges to bills to offset the impact of tariffs.
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00:00Amid escalating U.S.-China trade tensions, American companies are increasingly adding explicit Trump tariff surcharges to customer bills in order to offset the impact of tariffs that have reached up to 145% on Chinese imports.
00:14These surcharges, which vary from flat fees to percentage-based charges, are being rolled out across various sectors, like bathroom fixtures and toys, all as a means to recoup new expenses.
00:24Some businesses are using these fees not only to manage costs, but also to raise consumer awareness about the broader impact of these trade policies.
00:33Despite a 90-day pause on some tariffs, the financial strain on companies persists, leading to creative yet controversial methods for maintaining consumer trust and managing costs.