Breaking down the current tariff situation-Washington Post Article

For those of you who have read the Washington Post article, there may be some alarm and fear as a result.  There are a lot of unknowns and it is hard to stay a course when you are walking on shifting sand.

Brooklyn General mentioned that they survived Covid.  For me, the pandemic meant not only fewer shoppers but the end of some of our favorite yarns.  Companies limped along in the beginning but in 2021, certain brands began to disappear.  

Those two factors may also be at play here.  Will prices go so high that shoppers will disappear?  Will brands go out of business, unable to continue under the current, or even a more severe situation?

I think that some brands will disappear.  As much as we like to see things continue, there are certain companies that will not be able to pivot.  But I think many will find a way through.  The tariff situation may not last or may get downgraded.  And although we may be committed to certain brands, there are many, many lovely yarns out there and people may discover a new favorite if they lose their current obsession.

In terms of crafters giving up the craft  . . . crafting is what sustains many of us in tougher times.  Some people will be able to and willing to pay whatever prices emerge.  Others, who might not have the disposable income, will need to be more creative in searching out deals.  

I will do my best to keep this hobby accessible for customers.  I have not raised prices on some items as they’ve increased, and I’m slow to raise them on others when they do.  I am committed to making sure there are different price points of yarn and will continue to do so.  Together we can get through this!

Jennifer