By Rachel Potter
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November 12, 2024
The promotional products industry has been closely monitoring the impact of import tariffs, a concern that dates back to the first Trump administration’s imposition of new duties on certain Chinese goods. Now, with the President-elect's second term confirmed, the prospect of broader tariffs has once again come to the forefront. This likely means one thing: higher prices for your branded merchandise. Businesses are already taking steps to address the challenges these new tariffs could bring, as highlighted in a recent New York Times article . At OmniSource, we believe in staying ahead of the curve. That’s why we’re encouraging you to plan ahead now to avoid potential price increases and ensure your projects stay on track and within budget.