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🇺🇸👶📈 Trump Administration Weighs Tariff Exemptions For Baby Gear Amid Price Surge 🔹 Summary: The Trump administration is considering exempting car seats, strollers, cribs, and other essential baby products from Chinese tariffs of up to 145%, Treasury Secretary Scott Bessent told Congress, as industry leaders warn of looming price hikes and supply shortages. Major U.S. baby gear makers like Graco have already raised prices ~20% and may increase them further if the newest tariff rounds remain in place. 🔹 Key Points: • Previous exemptions (2018) covered some child-safety products, but many baby essentials remain tariffed. • About 97% of U.S. strollers and 87% of car seats are sourced from China. • Graco’s parent, Newell Brands, has paused Chinese imports and is selling off inventory before possible reordering. • Retailers face looming shortages and additional price increases if tariffs stay. • Lawmakers are pressing the Treasury for action to shield families from rising costs. @CMEActiveTrader Tickers Of Interest: $ES $NQ $YM $ZN Tickers Of Interest: $NWL $USD $CNY $WMT $TGT $AMZN $COST $XRT $SPY $QQQ $DXY $FXI $EEM
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⚠️ US considering exempting car seats, strollers from Chinese tariffs - Reuters on Full Story →
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