Only a few days have passed since the announcement of Trump’s duties and yet the first signs of prices in the US have made their appearance while the concern about continuing economic turmoil is evident.

A Lip Palm manufacturer in the US Provides $ 5 million jumping in the cost of Again while A theater manager saw a surprise increase in the price for the installation of new positions in a showroom.

Owners and business managers spoke to Reuters on the impact of President Trump’s tariff regime and provided a first idea of ​​what many Americans could expect, even if taxes on imports – paid by US companies and often transferred to consumers.

“We are constantly facing the uncertainty of the future and our future supply chains,” said Steve Shriver, founder and chief executive of Eco Lips, an Iowa company that produces organic health products.

Shriver predicted that the 12 -month cost of his goods could increase by $ 5 million, above the standard annual $ 10 million expense for, among other things, ingredients that cannot be cultivated in the US, such as vanilla, coconut oil and cocoa.

Other businessmen have told Reuters that they have canceled orders, have stopped any plans to expand their business and have delayed new hires.

Shriver and others said they had received alerts to raise prices from suppliers and have already increased their own prices since Trump began to announce duties last month to face unjust commercial imbalances.

Emily Ley, owner of Simplified, a Pensacola company in Florida specializing in high quality women’s office design, said that since Trump announced tariffs on Chinese products in 2017 during his first term, she has paid more than $ 1 million to US government taxes.

He predicted that at the new level of duties for China, he would reach almost $ 1 million over the next 12 months.

Ley said she has tried for years to build her products in the US, but she could not find a way to do so and still made a profit.

In Denver, Colorado, Aisha Ahmad-Post, the executive of the Newman Center for the Performing Arts at the University of Denver, spent more than a year taking over a major renovation, the replacement of all 971 seats in the June Swaler Gates Concert Hall.

The Newman Center examined seats for seats by two US suppliers and one from Canada. One of the American manufacturers was well above the budget and the seats of the other required the use of hard dry cleaning soluble soluble to maintain. In early 2024, Ahmad-Post ordered seats from Ducharme based in Montreal for $ 560,000. On March 5, Ahmad-Post received a letter from Ducharme that the company had to comply with the new trading taxes by applying new duties to the project.

Cancellations

At the same time, cancellations on commodity orders and abandoned loads from China become the norm in the US and China trade war, according to supply chain executives, as businesses in all US industries completely stopped exports of containers due to duties.

“Furniture producers in China have seen a complete interruption of orders from US importers and we hear the same in games, clothes, footwear and sports equipment,” said Alan Murphy, founder and CEO of Sea-Anttelligence at CNBC.

“Almost everything related to Chinese companies is on waiting,” said Alan Baer, ​​chief executive of OL USA.

“Total duty 145% of Trump to Chinese imports will stop most of the US and China trade,” said economist Erica York, Vice President of Federal Tax Policy at the Federal Tax Policy Center of the Tax Policy.

As it became clear last week that China would remain the main target of Trump’s tariff policy – after 90 days suspended in all other countries expected to be imposed with new duties – the message released is that goods with lower profit margins cannot be.