In response to President Donald Trump's imposition of new import taxes on key trading partners and materials, consumer product companies are making adjustments to minimize costs and avoid increasing prices. Some strategies include selling products without batteries, packaging toys in smaller boxes or no packaging, and offering products that require assembly by the customer.

The economic environment under the current administration is challenging, with tariffs impacting businesses' expenses and profits. Concerns about passing on price increases to customers without losing sales have led companies to explore cost-cutting measures. These measures range from visible changes like reducing packaging to more hidden adjustments in the supply chain.

Retailers and brands are considering various approaches to navigate the tariffs, such as reviewing product lines for cost-saving opportunities. While the tariffs aim to promote domestic manufacturing, they also introduce uncertainty for businesses sourcing goods from countries like China, Canada, and Mexico. Companies are advised to collaborate with suppliers to find ways to reduce costs amidst the ongoing trade tensions. Both large corporations and small businesses like Shirt Story are evaluating their supply chains and sourcing options in response to the changing trade landscape.