How will Tariffs effect the Historical Costume Community?
How will Tariffs effect the Historical Costume Community?
Maybe it was divine inspiration that I chose the summer of 2025 to semi-retire, because textiles are about to increase, ya'll! - so are avocados, strawberries, and fruits and vegetables from Mexico; electronics (from China) - like your cell phones and computers, televisions. But it doesn't stop there: building supplies, car parts, clothing, toys, medical supplies, medications, and much, much more is about to increase!
Because of Trump's brilliant economic plan to implement tariffs on countries like China, Mexico, and Canada on "Day one," to quote him directly.
Yes, that was sarcasm. For those who haven't been following the dire warnings economists worldwide and in America were shouting to the rooftops, i.e., that tariffs will cause economic disaster for many companies in the USA, and you still think the cost of gas and eggs and groceries are going to decrease in the Trump administration, boy oh boy are ya'll gonna have a huge awakening come January 20, 2025.
The way tariffs work is like this: American companies, who purchase goods outside of America, "are the ones who pay the tariffs" - NOT the companies sending goods to America for American consumers to buy. American companies will be paying MORE to import goods from other companies, and that increase will be passed on to the American people. These large corporations, who have already been recording record breaking profits since 2020, will use Trump’s tariffs as an excuse to raise their prices even more! – because there are no regulations on what they can charge the public. ALSO, they will be receiving more tax cuts, while the rest of us, especially the middle class who already carry the burden of the majority of the taxes in the USA will see an increase in our taxes. These tariffs will cost us an additional $2500 a year per household. That doesn't sound like much, but it adds up, especially for many who are already barely scraping by - myself included.
How will these tariffs impact the historical costume community specifically?
While Mexico, China and Canada are our top exports (places we buy from), the following countries are the most popular sources that USA consumers import textiles and clothing:
The majority of fine woolen textiles are exported from the UK. The cost of wool will also be affected, with costs going up from 10 to 20%. Maybe that doesn’t sound like much, but when you’re already paying $30 to $40 (and more) a yard for a good wool product an additional $3 to $6 per yard will carry a punch on my client’s budgets.
Companies like Silk Baron, who import silk fabrics in bulk from places like India, will have to increase their prices by a minimum of 20%. The price of silk is already $20 to $30 or more a yard through Silk Baron, and we can expect their prices to increase to $22 to $24, or $33 to $36 a yard.
Fabric-Store.com, used to only charge $12 a yard for linen, but beginning in 2020 they have raised their prices every year and are now charging $18 a yard. The impacts of tariffs will only increase these costs.
Trump’s tariffs on China will raise prices by 60%, and 10 to 20% to other countries who import goods to the USA. Tariffs impact consumers, NOT the companies who produce the products and ship them to American businesses.
Walmart and Lowes have already rung a warning nell that their prices are about to increase. According to an article by Reuters, a Walmart spokesperson stated, “We're concerned that significantly increased tariffs could lead to increased costs for our customers at a time when they are still feeling the remnants of inflation"…"Trump has vowed to make tariffs, which are a fraction of U.S. tax collections, central to his economic agenda. Executives have been increasingly fielding questions on the subject, with many noting ongoing efforts to continue to diversify their supply chains, particularly away from China, Trump's top target.”
Additionally, the CFO of Lowe’s, Brandon Silk, said: "Roughly 40% of our cost of goods sold are sourced outside of the U.S., and that includes both direct imports and national brands through our vendor partners"…"And as we look at the potential impacts (of tariffs), it certainly would add to product costs." These tariffs will impact the cost of appliances and building supplies, which means the cost of new construction will increase.
Grocery stores, who were already price gouging consumers since the pandemic are beginning to raise their prices. By the way, the President of the United States does not control the prices that big corporations charge consumers, it’s greed on the part of these companies like Albertson’s, Fred Meyer, etc., who set the prices. Harris planned to institute regulations to control their greed and lower the cost of groceries, etc., but Trump’s “tariffs,’ WILL absolutely affect American consumers.
Furthermore, voters, pissed off about Biden’s handling of Hamas, voted for Trump in protest. By the way, Trump and his entire administration are 100% pro-Israel, and support the atrocities Netanyahu has perpetrated against innocent civilians who have nothing to do with the terrorists of Hamas.
Voting is the equivalent to an open book examination in college or high school. All the information needed to educate yourselves on the issues are available at your fingertips, but you have to open the damn book! Voters, angry about Israel’s genocide of the Palestinian people, chose not to educate themselves about what control or influence on world politics a Vice President actually HAS. Harris was not pro-Israel, but publicly stated she was against Palestinian and Israeli aggression.
When textile and supply prices go up, those increases affect the cost for costumers. The tariffs that will be implemented will increase costs by 60% from any goods purchased from China. For my business, this will impact such items as “freshwater pearls,” that I use on my costume embellishment. China is the world’s largest exporter of pearls, which are “grown” or farmed in that country.
Coates embroidery thread, which I use in my embroidery machines, are based in Mexico. With Trump’s tariffs the cost will go up 20%. A spool of Coates gold metallic thread is $12.99 at JoAnns. That will increase by roughly $2.60 per spool.
Faux Baleen from Germany, used in corsetry, will go up anywhere from 10 to 20%.
American Duchess, who contracts with shoemakers in China to produce their historical shoes will have to raise their prices by 60%!!
Buttons, thread, fabric, notions, everything you can imagine used in the creation of historical costumes are imported from China. Tariffs will have a noticeable impact on the entire historical costume community, which is already an expensive hobby.
At a time when American’s are paying more for goods and groceries than other countries, not only will tariffs impact the economy, but Trump and the Republicans as outlined in Project 2025, plan to cut Social Security by no less than 20%, but they also are planning to do away with it entirely, to include social security disability, which millions of disabled and retired Americans depend on to exist.
In a word, and I don’t give a flying fig that I’m bringing politics into historical costuming, you voted for more inflation and higher cost of goods. It would behoove all ya’ll among the younger generations to use Google and research how the stock market crash of 1929 happened, and how tariffs played a significant role in exacerbating the Great Depression.
The Smoot-Hawley Tariff Act, passed in June 1930, was a key factor. This act raised tariffs on thousands of imported goods in an attempt to protect American industries and farmers, which had unintended consequences such as:
Retaliation by Other Countries: Many countries responded by imposing their own tariffs on American goods, which led to a significant decline in international trade.
Reduction in Exports and Imports: American exports and imports fell by about 67% during the Great Depression. This decline in trade worsened the economic downturn.
Global Economic Impact: The tariffs contributed to a global economic slowdown, making it harder for the U.S. and other countries to recover from the depression.
These consequences ended in joblessness, as companies closed down. Read about the how the banks went under, people lost their jobs, resulting in widespread foreclosures, and the rise in shanty towns to house millions of homeless who were once productive members among the middle class.
Is this hyperbole? No! If you do not educate yourselves, history will repeat itself. Trump’s tariffs will impact Americans on a catastrophic level, as well as impact the global economy.
So, next time, maybe study for the “open book test” rather than sourcing your information from word of mouth like, you know, Fox News.
Hang on to your butts, it’s gonna get rough for all of us.
P.S: If you voted for him, and your fee-fees are hurt by this article, don't you dare say one hateful thing in my blog or my Facebook page or you will be blocked. FAFO.