WATERVILLE, NY (WWNY) – Hello from MonthlyBoxer. We cover all sorts of topics around here.
A group of roughly twelve employees is busy packaging hot sauce, sealing glitter bombs, and boxing numerous puzzle sets. It’s been quite hectic today; however, one issue continues to bother the owner, Alex Morgia: tariffs.
“What we’re experiencing currently is that our clients are unable to make plans. They aren’t sure if they should place orders now or wait. There isn’t any definite information about what the tariffs will be,” he stated.
Even though MonthlyBoxer collaborates with U.S. businesses acting as an intermediary for packaging goods, many items originate from abroad—such as China, where President Trump has levied tariffs as high as 145%. These duties could potentially increase expenses.
“It’s not a complicated economic question. I’d argue that very few economists or people that are trade experts would argue different,” said Morgia.
Each time a business covers a tariff, particularly one that’s quite substantial, they’re taking a chance that consumers won’t be bothered by higher prices. Should the customers become upset and purchases decline, as per Morgia, this might have adverse effects on his employees.
“Despite performing adequately, raising their prices by 20% will likely decrease sales by approximately 20% to 30%. This could result in us shipping out 20% less product, implying that we might require 20% fewer workhours for supporting our team,” he explained.
Morgia states that the items passing through MonthlyBoxer have not been directly affected by tariffs so far, but he is preparing for potential impacts on upcoming deliveries.
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