“Make America Great Again” hats that are manufactured in China are expected to more than double in price because of President Trump’s steep tariffs.
David Lassoff, who runs the California-based IncredibleGifts, told ABC News that prices of the “Make America Great Again” hat could double from between $9 and $12 to at least $20 if he is forced to abandon his Chinese manufacturers and make the hats in the United States.
The hat, Lassoff said, is his website’s best-selling item and is similar to the official hats sold by the Trump campaign.
“We usually sell the MAGA hats for around $9 to $12. But it could go up to $20 if we had to make them in the U.S. and embroider them here,” Lassoff said, adding that he has sold hundreds of thousands of the hat.
“There might be a limited quantity [of hats] in the future. We’re trying to make sure we have enough hats in stock now, so if things change, we’re prepared,” he added.
Trump recently announced a potential $200 billion sanctions package targeting China over what he says are unfair trade practices.
China has responded to Trump’s previous trade tariff actions by slapping tariffs targeting U.S. soybeans, grains, and other exports.