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Why Your Cowboy Boots Might Get a Lot More Expensive
Just after publication, a federal judicial panel ruled that President Trump had overstepped his authority in instituting tariffs. The administration plans to appeal. Jon-Mark Craddock hasn’t been sleeping well lately. Like entrepreneurs across the country, the owner and CEO of Spicewood-based La Matera, a line of belts, wallets, and watchbands, is experiencing nights haunted by one thing: tariffs. “It definitely is keeping me up at night,” he says.On April 2, President Trump announced sweeping “reciprocal” tariffs of 10 percent on all imported goods and additional tariffs on select trade partners, including China and the European Union. Then he suspended the additional tariffs (but not the ones on China) for ninety days, mere hours after they went into effect, and announced that various tech goods would…The post Why Your Cowboy Boots Might Get a Lot More Expensive appeared first on Texas Monthly.