NEW YORK, May 12 (Reuters) - Newell Brands ( NWL ) is
looking for more clarity on how newly lowered U.S. tariffs will
be applied before potentially resuming shipments of its Graco
baby strollers and child car seats from China, a spokesperson
said on Monday.
Atlanta-based manufacturer Newell, whose products range from
coffee makers to pens, paused purchase orders on its China-made
goods, which are primarily Graco baby products, in the short
term to avoid 145% levies on shipments, CEO Chris Peterson told
Reuters last month.
The company brought in sufficient inventory to ship to its
customers such as Walmart ( WMT ) and Target ( TGT ) through
mid-summer, Peterson said.
The Trump administration said last week it was looking at
exempting strollers, cribs, car seats and other essential items
for babies from tariffs.
The Newell spokesperson said the company is actively
lobbying for relief from the tariffs through trade groups and on
its own. Newell specifically wants clarity on how tariffs will
be applied to shipments en route to the United States from China
if negotiations fail, the spokesperson said.
Newell has already hiked prices on the baby goods by
approximately 20% because of the tariffs, straining the budgets
of new and expectant parents.