O’Leary Ventures chairman Kevin O’Leary explains how the United States can fix trade and economic issues with China ‘once and for all’ on ‘The Evening Edit.’
American consumers are noticing a new line on their shopping receipts — a tariff surcharge. Even with President Donald Trump’s 90-day pause on tariffs, companies and customers are feeling the impact, especially those that import their products from China.
The surcharges have been popping up across several industries, impacting nearly everything from prices of clothing to automobile manufacturing. Some companies are charging flat fees, while others charge a percentage of the total cost of a given purchase.
U.S. President Donald Trump attends a bilateral meeting with China’s President Xi Jinping during the G20 leaders’ summit in Osaka, Japan, June 29, 2019. (REUTERS/Kevin Lamarque/File Photo / Reuters)
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Alexandra Fine, CEO and co-founder of Dame, a sexual wellness company, spoke with The Wall Street Journal (WSJ) about her company’s recent $5 “Trump Tariff Surcharge” add-on.
“It doesn’t cover the full cost—not even close—but it felt better than pretending everything’s fine,” Fine told WSJ. She said the surcharge was about a “statement” and letting customers “know how these policies are impacting all of us.”
The company manufactures its products in China, which has been hit with a 145% import tariff amid escalating trade tensions between Trump and Chinese President Xi Jinping.
Amazon on the App Store is seen in this illustration photo taken in Poland on June 29, 2024. (Jakub Porzycki/NurPhoto via Getty Images / Getty Images)
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Amazon CEO Andy Jassy recently told CNBC that he thinks manufacturers will start to “pass that cost” on to customers rather than trying to absorb it. Many of the company’s third-party sellers — which make up 60% of products sold on Amazon — are based in China, and are facing the harshest of Trump’s tariffs.
Wedding dresses are also going up in price because of the tariffs. Paul Virilli, co-owner of Jan’s Boutique in New Jersey, told CBS News that prices of gowns from China are also going up.
“We hope China and the U.S.’ relationship gets fixed and resolved so we can continue to sell this dress at the price it’s marked at,” Virilli told CBS News. The outlet noted that most of his gowns come from China and Vietnam.
President Donald Trump takes a question from a member of the media during a meeting with Israeli Prime Minister Benjamin Netanyahu in the Oval Office of the White House on April 7, 2025. (Kevin Dietsch/Getty Images / Getty Images)
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On Friday, White House Press Secretary Karoline Leavitt said Trump is “optimistic” about making a deal with China over tariffs. Currently, Beijing has an 84% tariff on American imports.
“The president has made it very clear he’s open to a deal with China,” Leavitt said. She also said that Trump would be “gracious if China intends to make a deal with the United States.”
