techonology us electronics company stuck with unsellable stock after 36 000 tariff bill announces price hike

Us Electronics Company Stuck With Unsellable Stock After $36,000 Tariff Bill, Announces Price Hike

18hrs 7mins   👁 6

Adafruit Industries announced a price hike due to a $36,126.46 tariff charge. The company explained that its products were manufactured before the 145% tariff on China and will impact cash flow. Trump hinted at potentially reducing tariffs, leaving uncertainty for the company's inventory management.