Trump tariffs will hurt e-drummers
US consumers face increased prices for e-drums, especially entry-level instruments, as President Donald Trump’s recent tariff moves take effect. Chinese imports were already taxed, and the new measures bring the impost to 20% of the value of the imported items. Experts like the US National Retail Federation point out that tariffs are a tax on imported goods and are paid for by the importer. “Retailers are forced to choose between raising their prices or relying on already slim profit margins to absorb the increased cost of inventory,” according to the trade group. And the latest tariffs may not be the last, as a trade war has been unleashed, with China quickly announcing plans to levy 15% retaliatory tariffs on some […]