Our CEO Randy Carr recently spoke with The Wall Street Journal economics reporter Konrad Putzier for an article focusing on why tariff’s haven’t boosted inflation so far.

Randy discussed World Emblem’s response to tariffs and the company’s plans going forward:

“World Emblem owns a business that imports from China, Vietnam and Cambodia uniform patches for U.S. law enforcement and first responders. Initially, he says, he didn’t raise prices in response to tariffs, as the announced levies kept changing, and he didn’t want to alienate customers by constantly adjusting his prices. Paying the tariffs cost his company more than $1 million, he says.

Now he feels more confident about where tariffs will end up, and his company is raising prices on the East Asian-made patches by 6% to 25% starting in September. ‘We just don’t see the sense of waiting anymore,’ he says.”

Read the full article here: Why Haven’t Tariffs Boosted Inflation? This Theory Is Gaining Traction