Baby Gear Prices Stay High Despite Cooling Trade Tensions
While recent talks suggest a thaw in U.S.-China trade disputes, young families are *still* feeling the pinch of Trump-era tariffs on Chinese imports. Expectant parents, in particular, are shelling out way more for essentials like cribs, strollers, and bottles than they planned. 💔
Experts say tariffs of up to 25% on $300+ billion in Chinese goods—many targeting consumer products—have created a “price stickiness” effect. Even as tensions ease, companies aren’t rushing to lower costs. “Parents are caught in the middle,” notes economist Maya Chen. “Supply chains take time to adjust, and brands are hedging bets.”
With <strong>baby gear prices up 12% year-over-year</strong> in some categories, millennials and Gen Z shoppers are turning to secondhand apps and budget hacks. <em>Pro tip:</em> Join local parent groups for gear swaps—it’s eco-friendly *and* wallet-friendly! 🌱
Reference(s):
cgtn.com