The US economy is driven by consumption more than others. But Trump’s tariffs are now making themselves felt through increased prices. This is now hitting the Christmas business.
It stands like a one, doesn’t need needles and is available with already assembled candles: That’s why more than 80 percent of US households prefer an artificial Christmas tree to a real one – that’s what the American Christmas Tree Association claims. But this year artificial fir trees cost ten to 15 percent more than last year. That’s what Mac Harmon says on NPR. His company Balsam Hill sells all kinds of Christmas decorations.
“In the Christmas industry, 90 percent of the decorations have always come from China,” explains Harmon. This is because they are manufactured in Asia, but not because of their…
