BRYAN, Texas (KBTX) – As more of President Donald Trump\u2019s tariffs go into effect, some Bryan businesses are bracing for impact.<\/p>\n
After months of speculation and delays, the long-promised tariffs officially went into effect Thursday just after midnight. More than 60 countries became subject to tariff rates of 10% or higher. India and Brazil are facing 50% tariff rates.<\/p>\n
Trump\u2019s new tariffs go into effect as US economy shows signs of strain<\/a><\/p>\n These tariffs have already impacted local businesses like The Frame Gallery in Downtown Bryan<\/a>.<\/p>\n \u201cOur prices have definitely gone up. The moldings that we source- the majority of them come from Italy and some of them come from places like the Czech Republic, Taiwan, other areas in Asia,\u201d custom framer and designer for The Frame Gallery, Morgan Allen, explained. \u201cBecause of the tariffs, our distributors have had to increase the prices, which ultimately means that we have to increase our prices for what we provide our customers.\u201d<\/p>\n Allen\u2019s Taiwan products are subject to a 20% tax. She said her small business is doing its best to keep prices down, but those goods were impacted almost immediately after the tariffs went into effect.<\/p>\n \u201cCustom framing can sometimes be pricey, and so we try our best to keep things within a particular budget. Anytime that there\u2019s a price increase, we have to readjust our expectations and sometimes even we\u2019re shocked from behind the counter. So, we\u2019re trying to get familiar with our product and readjust what we expect when we\u2019re suggesting a certain product to customers,\u201d said Allen.<\/p>\n While it\u2019s mostly the moldings that Allen has noticed a price increase on, the acrylic paint and glass prices have also increased.<\/p>\n