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Cbd furniture china

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Dodd scrambled to cancel 35 shipping containers that were due to arrive in the summer and fall, and he had to quickly come up with $200,000 to clear eight containers that were already in transit when the tariffs were imposed.

It issued a list of specific exporters in China and Vietnam and the new tariff amount that will be charged when their goods land in Canada. They range from as low as 20 per cent to 226 per cent. For exporters not specifically named on the list, the tariff is 295.5 per cent for those in China and 101.5 per cent for those in Vietnam.

The tariffs are subject to review by the trade tribunal in early September. In the meantime, retailers are outraged and perplexed by what it will mean for them, but also for the customers and designers who buy from them.

“We sell a lot of products made by Canadian companies, but they don’t produce (items) such as little sectionals with a pop-up bed,” said Jaswal.

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Jeet Jaswal, owner of MJM Furniture stores in Surrey and Coquitlam, in his Surrey store on June 1, 2021. Jaswal and other furniture sellers are being hit with tariffs of nearly 300 per cent. For Joanne Lee-Young story. Trax assignment ID# 00064803A Credit: Mike Bell [PNG Merlin Archive] Photo by Mike Bell / PNG

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Some might be able to absorb part of the tariff cost and maintain prices, but many won’t be able to because “they’re so high,” said Skaaning.

A fabric-upholstered recliner made in China that would have cost $698 will now cost the consumer $2,498 after the 295-per-cent tariff is passed along, said Love Dodd of Dodd’s Furniture, with locations in Victoria, Nanaimo and Campbell River. He estimates that a similar recliner made in Canada would start at about $1,798.

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Instead of buying leather sofas from Natuzzi (China) Ltd., which supplies North America and is on the CBSA’s list with a new tariff of 207 per cent, he will go to Natuzzi’s headquarters in Italy and source from its factory in Romania. Buying from Europe used to cost 15 per cent more, but passing that to a customer is a lot less than the 207-per-cent tariff he would have to charge on the same Natuzzi sofa from China.

In December 2020, about a dozen Canadian furniture manufacturers reported that upholstery producers in China and Vietnam were selling into Canada at below-market prices and hurting sales for Canadian companies.