A beloved family-run grocery store in Florida may soon close its doors after more than four decades in business — and the owners say tariffs are to blame. Wong Kai Imports, founded in 1983 by John Wong and his two brothers after their family immigrated to the United States from Hong Kong, has been a cornerstone for the local community…

A beloved family-run grocery store in Florida may soon close its doors after more than four decades in business — and the owners say tariffs are to blame.

The trouble began when President Donald Trump’s tariffs took effect, shaking the foundation of small import businesses across the country.

  • despoticruin@lemmy.zipEnglish
    3·
    2 days ago

    Volume will make you more money than margins, Walmart proved that pretty handily. Cheaper groceries means more volume. They were pretty on point with that logic, grocery stores generally want cheaper stock so people buy more.

    • Feathercrown@lemmy.worldEnglish
      1·
      2 days ago

      Interesting. But if this were a good solution to increase their profits, could they have not just intentionally lowered their own prices?

      • despoticruin@lemmy.zipEnglish
        3·
        2 days ago

        A good solution to this debacle would have been to not vote in the felonious conman who famously, and regularly, bankrupts businesses known to be the most consistent moneymakers man has come up with.

        These people are not good at solutions.