Matt and Julie are both correct, WE, the importers, are the ones who pay the tariff, NOT the manufacturer, not China.
We have two choices; eat it all (which Matt pointed out we were all doing in February when it was at 10% and March when it was at 20%, I spent close to 2,000.00 on tariff fees on my wholesale orders for those two months, 2,000.00 that I ate/came out of my profits) or eat some of it and pass part of it on to the customer in the way of a "tariff surcharge."
Now at 104%; game over.
And to top it off, as Julie mentioned, the carriers are now charging us a "tariff processing fee", DHL whacks us for 78.00 on top of the tariff we have to pay.
There is zero sense in importing an order when I will be paying 104% of the value of the order just to bring it into the country, that will wipe out all of my profit even if I pass a portion off to the customer in the form of a tariff surcharge.
Trump has managed to do to the toy soldier industry what the horrific attack on our country on 9/11, hurricane Sandy that hammered NY/NJ/PA, the housing market/stock market crash in 2008 and the Chinese man made COVID virus in 2020 could not do; destroy it.
GJGE Trump.
His tariffs are killing thousands of small businesses around the country.