Tariffs Are Forcing Brands to Cut Back on Black Friday Deals

At this time in 2024, Ash Harbor’s hardwood whiskey dispensers and ThinkFit’s meal prep containers were 10% to 20% off. This year, they’re full price.

Shoppers have tariffs to thank for that, according to Dan Peskorse, owner of the parent company that sells the products.

Upstream Brands, which offers merchandise on Amazon.com Inc. and other websites, typically brings in as much as 35% of its annual revenue during the holiday season. It sources from countries impacted by the Trump administration’s new levies. So now, a copper herb stripper that last year would have been less than $20, costs about $30 due to US tariffs on metals.

A ThinkFit meal prep bag and containers.

Source: ThinkFit