American business owner: It would be better to burn the inventory with fire.

O'Brien, the head of an American pet supplies company, primarily imports products from overseas. Now, due to the impact of tariffs, his company is having a hard time making a profit. The American business owner said that setting up a factory in the US could lead to bankruptcy. To reduce costs, he had to borrow money to stockpile inventory, but he found that he would still face high shipping fees. "I have $150,000 worth of products overseas, but with the current tax rates, it would cost $217,000 to bring them back to the country. It would be better to just set them on fire."