President Donald Trump’s trade policies are reshaping consumer shopping experiences by reducing product variety. With tariffs as high as 145% on Chinese goods, companies face challenges in maintaining diverse product offerings. This has led to fewer options for consumers in categories such as footwear, toys, and baby gear. For instance, brands like Hasbro and Newell Brands are cutting back on product lines that are no longer profitable under these tariffs. Smaller businesses, like breast pump backpack manufacturers, are also limiting color options and delaying new designs due to increased costs. The impact extends beyond consumer choice, stifling innovation as companies prioritize cost-saving measures over introducing new products.
— new from CNN
