Author: Andy Hirschfeld
Published on: 09/05/2025 | 00:00:00

AI Summary:
Cassie Abel is expecting $700,000 worth of purchase orders arriving in July. Abel says Wild Rye, which imports twice a year, will now be subject to $1.2m in tariffs for its upcoming shipment. Abel says she will need to raise prices on her products for fall. Democrats are unsure what they could do amid Republican control of House of Representatives and Senate. The US Chamber of Commerce has also pushed the White House to carve out exceptions for small businesses like Wild Rye. The US GDP fell in the first quarter, per the US Commerce Department, by 0.3 percent after a 2.4 percent increase in the fourth quarter of 2024. According to ADP, job growth stumbled to 62,000—a more immediate metric than the US Labor Department’s jobs report. Consumer confidence hit a 13-year low, and consumers are pulling back spending amid fears of further rising costs. Anjali’s Cup is a brand that makes single-origin spices and teas from around the world. In 2024, the United States was the largest importer of both ginger and several different varieties of tea, including black and green. She says that in order to cut costs, she is trying to find domestic alternatives for aspects of her production, like packaging, a big expense. Raising prices in response to market pressures does not guarantee they will fall when costs decline. At the start of the COVID-19 pandemic, supply chain disruptions forced producers to increase prices. But even after costs eased, consumers continued paying them.

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