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Cost of celebrating Christmas might climb this year

Fresh-cut Christmas trees now available on Amazon Morning Business Outlook: Amazon is now delivering fresh Christmas trees ranging in price…

Fresh-cut Christmas trees now available on Amazon

Morning Business Outlook: Amazon is now delivering fresh Christmas trees ranging in price from $ 20 to $ 110; about 45 percent of all Americans have felt pressure to spend more money on holiday gifts than what they are comfortable with.

Planning on decorating for Christmas this year?

Well, it might be a little more expensive if you re shopping a fresh christmas tree, or holiday lights – and it’s not the Grinch who’s to blame for the rising price tags.

President Trump’s $ 200 billion in tariffs on imported Chinese goods happen to include taxes on almost all holiday lights sold in the US, 85 percent of which are manufactured in China, according to Tariffs Hurt the Heartland, an advocacy group for free trade.

Nearly all of the Christmas lights that millions of Americans string up around their homes in December are imported, according to the group, because there are no major US Christmas light manufacturers. Gevestigd in het midden van een steeds toenemende handelskwestie &#821

1; en reeds onderworpen aan een 8 procent tarief – vakantieverlichting zal nu een invoerbelasting hebben van 18 procent.

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En met geen in zicht tot de tit-for-trade trade fight, lights could become even more expensive next year when a whopping 25 percent tariff on Chinese goods goes into effect, bringing the overall tax rate to 33 percent.

That’s on top of a Christmas tree shortage over de land die het opschieten van een stijging in de kosten van yuletide firs and spruces. Det er i stor grad et bivirkning fra 2008, som drev mange jomfrubommens bønder ud af virksomheden på grund af en gluten i forsyning, ifølge The Miami Herald.

And because it takes so much time to replenish the stock – a tree has to grow for about eight to 10 years before it’s ready to be cut and adorn someone’s home – the supply is still pretty tight. er forventet at købe omkring 27 millioner friske træer i år, omtrent det samme som de seneste to år, ifølge National Christmas Association. Prices will probably be a bit higher this year, compared to the average retail price in 2017 of about $ 75, the association’s director, Tim O’Connor, told The Associated Press.


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