The International Housewares Association's Inspired Home Show coincided with heightened concerns over new tariffs imposed on imports from Canada, Mexico, and China. Industry leaders fear these tariffs will inflate prices, strain already tight profit margins, and slow sales significantly. Paul Cira, president of Proud Grill, emphasizes that the higher taxes on imports are unsustainable for manufacturers and retailers, prompting the need for increased retail prices. Although some inventory is unaffected temporarily, escalated prices are expected to emerge mid-year, raising concerns for both consumers and businesses in the sector.
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