{
Stephen Roachford

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}
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rising tariffs threaten american businesses and reshape global supply chains

American businesses are grappling with unprecedented tariffs on Chinese imports, with some facing increases as high as 145%. Companies like Learning Resources predict catastrophic financial impacts, while others are forced to reconsider their supply chains and production plans. The uncertainty surrounding these tariffs is causing widespread concern about rising prices and economic growth.
Arab News
United States Dollar Learning Resources Inc. MGA Entertainment Inc. DEU CHN CAN KHM ITA MEX IND USA VNM Joe Jurken Stephen Roachford Donald Trump David French Rick Woldenberg Marc Rosenberg Isaac Larian Show more
Business & Industry, News Article
05:02 13.04.2025

impact of soaring tariffs on american businesses and consumer prices

Rick Woldenberg, CEO of Learning Resources, faces a staggering increase in tariffs on Chinese imports, predicting his company's tariff bill could soar from $2.3 million to $100.2 million by 2025. As American businesses grapple with the unpredictability of these tariffs, many are reconsidering their reliance on Chinese manufacturing, fearing significant price hikes and potential economic fallout. The situation underscores the challenges of shifting supply chains and the impact on consumer goods in the U.S.
Arab News
United States Dollar Learning Resources Inc. MGA Entertainment Inc. DEU CHN CAN KHM ITA MEX IND USA VNM Joe Jurken Stephen Roachford Donald Trump David French Rick Woldenberg Marc Rosenberg Isaac Larian Show more
Business & Industry, News Article
04:18 13.04.2025
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