This week,My Brother in laws Last Fight Before Menopause President Donald Trump's Treasury Secretary Scott Bessent announced a temporary trade deal between the U.S. and China. For 90 days while negotiations continue, U.S. tariffs on China will be slashed from 145 percent to 30 percent, while China's reciprocal tariffs on U.S. goods will go down from 125 to 10 percent.
For many industries that rely on China to manufacture goods, this is an (interim) relief. As Mashable previously reported, the vast majority of vibrators sold in the U.S. are made in China, so the trade war could kill their buzz.
SEE ALSO: Should I panic buy vibrators right now?In April, the sex toy company Dame announced a "Trump tariff surcharge" for its customers: $5 when Trump set the tariff rate at 54 percent and $15 when the rate surged to 145 percent. Now, Dame has removed the surcharge due to the deal.
"We made the point," Dame co-founder and CEO Alexandra Fine told Mashable. "[The tariffs are] not as high, and the surcharge is a terrible customer experience and confusing. People were kind of confused by it." Fine also posted on LinkedIn about the change.
The surcharge initially showed up when customers checked out.
"I was giving people the experience that I was having," Fine continued. When shipping products from China, she received a higher bill than expected, and she passed that on to customers. She compared it to telling employees they weren't getting Columbus Day (now sometimes known as Indigenous Peoples' Day) off.
"Then I realized, 'Oh, now I'm like Columbus, because I'm making everybody work on a day that everybody else has off," Fine said.
So Dame stopped charging people the surcharge but said the product was $15 more (though the customer wasn't paying it) to be transparent about how tariffs are impacting the company. But that was still confusing.
With the surcharge now removed, Dame will absorb the additional costs of the 30 percent tariff rate. "In this case, it doesn't make sense to drop your prices all the way back down, because it's still 30 percent," she said. "That being said, we are going to be dropping our prices pretty much back to normal. So that's really exciting."
Asked whether she foresees Dame increasing prices, Fine said, "Mostly no…We're going to eat most of it." Dame wants to be competitive in the market and offer quality products at reasonable prices.
When preparing for the 145 percent tariffs, Dame decided to aggressively plan. The company held more inventory in China ("splitting" orders) and opened a warehouse there, too. Now that tariffs are down, Dame isn't doing the former — instead bringing all of the orders to the U.S. — but it'll keep the warehouse.
While the online customer reaction to the surcharge was overall positive due to the company's transparency, it didn't translate into sales. The rate of completing a charge on Dame's checkout page dropped 33 percent on the first day it implemented the surcharge compared to the week before, Fine said.
The tariffs also caused instability when selling to retailers who distribute Dame products. Shifting prices is more complicated when selling through third-party companies than when selling only on the company's own website.
Even though the surcharge is removed, Fine plans on continuing to advocate for freer trade agreements. "I am definitely relieved from a cash perspective, but from an operational perspective, or a general [perspective], am I happy? No," said Fine. "This is still not ideal."
Topics Sex Toys Tariffs
Mary Shows Up
The Measure of Intensities: On Luc Tuymans by Joshua Cohen
How to watch 'Abbott Elementary' Season 3: Premiere, streaming deals
Emma's Last Night by Jacqueline Feldman
DDR4 Memory at 4000 MT/s, Does It Make a Difference?
“What a Goddamn Writer She Was”: Remembering Alice Munro (1931–2024) by The Paris Review
Three Letters from Rilke by Rainer Maria Rilke
You Are a Muppet by Jane Breakell
SpaceX's BFR has a new name. Elon Musk is calling it Starship.
Feral Goblin: Hospital Diary by Kate Riley
'Thunderbolts*' mid
Costco in Cancún by Simon Wu
Apple Vision Pro launch day: My morning with Apple's true believers in NYC
Rented Horrors by Kathleen Alcott
8 Years Later: Does the GeForce GTX 580 Still Have Game in 2018?
Best Apple AirTag deal: 20% off Apple AirTags at Amazon
On Elias Canetti’s Book Against Death by Joshua Cohen
I Cannot by Lucy Schiller
Best gaming laptop deal: Save $400 on the HP Victus 15 with Ryzen 5 and Radeon RX 6550M
Feral Goblin: Hospital Diary by Kate Riley
How to flirt when you've just come out as bisexualHow to watch Kentucky vs. Tennessee football without cable: kickoff time, streaming deals, and moreTikTok's photo mode is killing my FYPThe Beatles' AI song 'Now and Then' gets a release dateAn Interview with Gregory CrewdsonYouTube will finally allow creators to license pop music for their videosHow to watch JMU vs. ODU football without cable: kickoff time, streaming deals, and moreKilling Dirk’sWhen I Die, I Want to Remember Every Poem I Know by HeartLetters Between Bram Stoker and Walt WhitmanThe internet is divided over a Gen Z woman's complaint about working 9 to 5See the newly discovered 1000No Circus: Photos of Buildings Tented for Termite FumigationThis Collector Owns Thirty Thousand CookbooksWordle today: The answer and hints for October 30Here's how to get alerts when your personal info shows up in Google Search“Nessun dorma,” Donald Trump, and the Best and Worst of FansWordle today: The answer and hints for October 30'Quordle' today: See each 'Quordle' answer and hints for October 30, 2023YouTube will now share revenue with its YouTube Shorts creators Sarah Palin might get cut from Sacha Baron Cohen's 'Who is America' Kim Kardashian West tweets her support of the Democrat gun control sit Forever 21 is selling a shirt that looks just like Kanye's 'Life of Pablo' merch The Tokyo 2020 Olympic Games will have large Apple Music has a new mix based on what your friends are listening to 'League of Legends' developers accused of fostering culture of sexism Dogs throw raging summer luau party in pool full of tennis balls Johnny Depp's Notorious B.I.G. movie disappears from release schedule New Zealand's frightening Nevis Catapult hurls you across a ravine 'Black Panther' is the third movie ever to earn $700 million in the US FX boss says Donald Glover's Deadpool series was deep Mum hilariously confuses Beyoncé and Rihanna in awkward text exchange Apple patents show three possible futures for the MacBook keyboard Two elderly men ditch their nursing home, hit up heavy metal festival This meme lets you envision weirdly specific versions of 'Queer Eye' Trucker dad takes his daughter's doll to work, adventure ensues Car rental options up for ride 'House of Cards' Season 6 comes to Netflix on Nov. 2 These lipsticks with flowers in them are too pretty to use California's Mendocino fire becomes the state's largest in history
1.5698s , 8224.390625 kb
Copyright © 2025 Powered by 【My Brother in laws Last Fight Before Menopause】,Feast Information Network