Michael Goldblatt, who runs TireChain.com, a direct-to-consumer seller of tire chains, said he has passed some of his additional costs from tariffs on Chinese imports to customers. The company now faces a 45% tariff on its chains, 25% imposed during the first Trump administration and the two 10% tariffs implemented this week and at the start of February, he said. He issued the 10% price increase in early February.
“It’s irritating that they say China is paying for it. No. It’s coming out of my pocket,” said Goldblatt, whose company imports roughly 50 containers of product from China annually. The additional 25% on steel imports that is scheduled to start on March 12 would bring the total tariff to 70%, Goldblatt said. He said he has cancelled spending on advertisements on Google and is looking for suppliers from Europe.
