New York Post: Trump’s trade war with China making it more expensive to raise kids
While companies are trying hard to absorb the added costs to keep consumers happy, they are often forced to pass along increases. Manufacturers of baby goods, for example, have absorbed a 20-percent tariff over the past year and are set to see the tax go up to 30 percent by December, explained Joseph Shamie, president of Brooklyn-based Delta Children, which makes more than 1,000 items for babies.
As a result, Delta’s Westminster convertible crib now costs $219, up from around $179 last year, Shamie told The Post. Some of Delta’s bassinets also cost as much as 10 percent more now, like its Deluxe Moses line, which sells for $129.99.
The company’s cribs, many of which are sold in Walmart and Costco, cost an average of $200 — but next year the price could go up to as much as $300, Delta warned in a letter to the US Trade office, where it argued that baby products should be exempt from tariffs.
“In effect, the tariffs have put a tax on babies,” Shamie said.