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Trump's 50% Tariffs Hit Holiday Supply Industry Hard

11/29/2025

25 6

Summary

Story summary

U.S. President Donald Trump imposed April 2025 tariffs of 50 percent on imports, causing nearly $750,000 in tariff-related costs for Jared and Dawnita Hendricks, owners of Village Lighting in West Valley City, Utah.
They did not raise prices and absorbed most costs, despite 2024 profits.
The holiday supply industry, reliant on Asian imports, has spent about $400 million on import duties in 2025.
The Supreme Court is reviewing Trump's tariff.

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Story summary

U.S. President Donald Trump imposed April 2025 tariffs of 50 percent on imports, causing nearly $750,000 in tariff-related costs for Jared and Dawnita Hendricks, owners of Village Lighting in West Valley City, Utah.
They did not raise prices and absorbed most costs, despite 2024 profits.
The holiday supply industry, reliant on Asian imports, has spent about $400 million on import duties in 2025.
The Supreme Court is reviewing Trump's tariff.