Trump tariffs on China can DOUBLE the price of "Make America Great Again" hats | World | New



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David Lassoff, the head of IncredibleGifts, insisted that the price of hats could double between $ 9 ($ 6.80) and $ 12 (£ 9.07) to $ 20 (£ 15.11) he's forced to leave his Chinese manufacturers.

He claimed to have sold hundreds of thousands of hats, inspired by the official ones that were sold by the Trump campaign in 2016.

M. Lassof said, "We usually sell MAGA hats for around $ 9 to $ 12

" But it could go up to $ 20 if we were to manufacture them in the United States and embroider them here. "[19659005] "There could be a limited amount of hats in the future."

He added, "We try to make sure we have enough hats in stock now, so if things change, we're loans. "

IncredibleGifts is not affiliated with the Trump campaign, but Mr. Lassoff claimed to have sold" a few hundred 100,000 MAGA hats "since the Republican brandon decided to run for president in June 2015.

"They Are Our," he added

Amy Lee, who runs The Hat Depot, a New Jersey company that also sells unofficial hats, reiterated Mr. Lassof.

"They are a bestseller," she said, adding that her company is receiving usually "20 orders a day".

However, Ms. Lee said that manufacturers in China have not yet commented on the possible impact of the new tariffs.

The two companies are not involved Trump fought China in recent months over a "trade war", most recently announcing a $ 200 billion package of sanctions.

The US President's decision has forced Germany to a desperate economic alliance with China

China reacted to Trump's previous tariffs through reciprocal measures, including tariffs on soybeans, cereals and other exports. [ad_2]
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