A 90-day pause on Donald Trump's tariff increases is set to expire Wednesday, pressuring U.S. companies to adapt or relocate supply chains amid mounting costs, the BBC reported. CEO of educational toy company Learning Resources, Rick Woldenberg, saw his tariff bill surge from $2.5 million to over $100 million when temporary duties on Chinese imports rose to 145% in April. His company is now moving production to Vietnam and India and is pursuing a lawsuit against the U.S. government. Canadian fried chicken Cluck Clucks has halted purchases of U.S.-made pressure fryers due to retaliatory tariffs, forcing new locations to limit menus to boneless chicken. The company is keeping space to reintroduce the fryers if tariffs are lifted and may raise prices as U.S. equipment costs rise. Spanish olive oil producer Oro del Desierto says that the current 10% U.S. tariffs on European imports are increasing prices for American consumers. The company is considering reducing exports to the U.S. and shifting more sales to other international markets if profitability declines.
