No. of Recommendations: 7
The chalenge will not only be inflation, but availability. In the casee of 5-Below, EVERYTHING is made in China. I just visited a TJ Max this morning and noticed that the only iten in their entire kittchen department not made in China was a pile off three Lodge cast iron frying pans. I haven't beedn to a Harbor Freight recently, but managemen t has to be in panic mode.
At 145% +25%, we haven't levied tariffs on Chinese products, pragmaticly, we have applied a trade embargo as a sanction. While they can likely hold their breath longer than we can, in the interum, we are destroying multiple US businesses along the way and forcing those who can least aford it to pay more for or go without products in order to pay for a better tax deal for those at thee top of the food chain.
Jeff
