Connect with us

Headlines

Joann Fabric Starts Tariff Petition

Urges government to pass tariff exemptions

Published

on

Joann Fabric (Hudson, Ohio) has created an online petition to convince members of Congress and the White House to pass exemptions from tariffs on hundreds of its China-imported products.

The company is urging its customers to electronically sign the petition, since they stand to ultimately pay higher prices on the products (such as fabrics, fleece and yarn) that they purchase from the retailer to compensate for the 25-percent higher taxation. So far 20,000 people have signed the Made in America Tax petition, reports the Associated Press and the Chicago Sun-Times.

The retailer says that its consumers that stand to take the biggest hit from the higher taxes are small business owners, which it says make up about 20 percent of its business. Roughly two-thirds of Joann’s goods are sourced from China. The company’s executives have been lobbying leaders in Congress against the tariffs that apply to their company’s goods this past week.

Advertisement

FEATURED VIDEO

MasterClass: ‘Re-Sparkling’ Retail: Using Store Design to Build Trust, Faith and Brand Loyalty

HOW CAN WE EMPOWER and inspire senior leaders to see design as an investment for future retail growth? This session, led by retail design expert Ian Johnston from Quinine Design, explores how physical stores remain unmatched in the ability to build trust, faith, and loyalty with your customers, ultimately driving shareholder value.

Presented by:
Ian Johnston
Founder and Creative Director, Quinine Design

Promoted Headlines

Advertisement
Advertisement

Subscribe

Advertisement

Facebook

Most Popular