As much as American consumer product companies hate tariffs, they hate something even worse: proposed tariffs.
While the U.S. president changes his mind with every tweet, the companies that bring in all those goods that American consumers buy for their homes are in near total confusion, trying to map out business plans and strategies that often need to be changed by the hour.
Importers of products like furniture, housewares and home textiles say that the uncertainty surrounding what will actually become trade policy is the hardest part for them to manage. Many of these companies work six or nine months out, and trying to plan that far in advance is virtually impossible given the constantly changing directives coming out the Trump White House.
Short term, for the 2019 holiday selling season, the prospects are not much better. While goods for Christmas are pretty much in process, with prices and order sizes negotiated and set months ago, some of those products are still in transit and could be subject to import duties far different from what was expected.
See more at Forbes.