Tariff on millions of Americans’ purchases just went into effect as the de minimis exemption expired — cue the chaos | CNN Business

Depending on the inventory businesses have, some may be a week or two at the earliest they hit. Most will be a month or two. I heard one bike manufacturer on NPR say they think they have about 4 months of inventory at current run rates. And finished bikes are in China at the factory, but they can’t afford the over 200% tariffs, over 200% because they are added to other existing tariffs. By the end of the summer, I expect almost every sector will be hit