Local business absorbs costs from new tariffs [Video]

CLINTON, CT (WFSB) – Tariffs against Mexico and Canada have local businesses paying more to get their goods.

The question is whether or not businesses will absorb that cost.

Madison Furniture Barn, located in Clinton, gets some of their products from Canada.

Due to the tariffs, these products now cost 25 percent more.

Canadel, the supplier, has agreed to absorb 15 percent of the cost.

However, the other 10 percent falls onto Madison Furniture Barn.

For now, the furniture barn is going to eat the cost, meaning customers won’t have to pay the increase.

“We are going to absorb it as long as we can, but we don’t know how long this is going to go on,” said Eileen Smith with Madison Furniture Barn.

Smith wants to do right by her customers after being in business for nearly 13 years.

“Everybody is mentioning it. We’ve gotten a few phone calls… …