Woe Is The Pinata, A Casualty Of Trump Trade War
The humble pinata has become one of the latest targets to take a whacking in US President Donald Trump's trade war.
Party store owner Patricia Loperena said she has supplied fewer parties this year than last, which means she is selling fewer of the colorful candy-filled papier mache favors at her southern California establishment.
Another blow to Loperena's business? The rising cost of the raw materials to make trinkets and custom pinatas, a traditional game of Latino children's parties that are now popular in much of the United States.
"People stop spending. Instead of, like, making a bigger party, they make it a lot smaller," the 45-year-old told AFP.
Prices are jumping, and that has customers on edge. "They just know there's a lot of unpredictability, and they just want to be cautious," she said.
They are spending less overall because of jitters over how Trump's policies will unfold.
Loperena is worried about Trump's new tariffs, too -- especially the outright trade war underway with China.
To adjust and help........
© International Business Times
