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MAGA hats made in China to increase in price because of Trump tariffs
http://thehill.com/policy/finance/397048-some-maga-hats-made-in-china-may-increase-in-price-because-of-tariffsA California-based company that sells "Make America Great Again" hats similar to the official hats sold by the Trump campaign says its prices may rise in response to trade tensions with China prompted by President Trump's tariffs.
David Lassoff, who runs the company IncredibleGifts, told ABC News that prices of the hat could double from between $9 and $12 to at least $20 if he is forced to abandon his Chinese manufacturers and make the hats in the United States.
The hat, Lassoff said, is his website's best-selling item. He claims to have sold hundreds of thousands of the hat.
We usually sell the MAGA hats for around $9 to $12. But it could go up to $20 if we had to make them in the U.S. and embroider them here," Lassoff said.
David Lassoff, who runs the company IncredibleGifts, told ABC News that prices of the hat could double from between $9 and $12 to at least $20 if he is forced to abandon his Chinese manufacturers and make the hats in the United States.
The hat, Lassoff said, is his website's best-selling item. He claims to have sold hundreds of thousands of the hat.
We usually sell the MAGA hats for around $9 to $12. But it could go up to $20 if we had to make them in the U.S. and embroider them here," Lassoff said.