Navigating the Changing Trade Landscape: What It Means for Coral Cove

Navigating the Changing Trade Landscape: What It Means for Coral Cove

Christopher VanderReyden

At Lakeshore Lifestyles Company, our mission has always been to bring you high-quality, stylish, and sustainable products that embody the spirit of waterfront living. As a company that sources many of our goods from around the world—including China, where half of our products are manufactured—we want to keep you informed about recent global trade developments and how they might affect us all.

The U.S.-China Trade War: What’s Happening?

In recent months, tensions between the U.S. and China have escalated, leading to higher tariffs on imported goods and increased trade restrictions between the two nations. The U.S. has imposed a 10% tariff increase on Chinese imports, while China has responded with its own set of tariffs on American goods and tighter trade regulations.

For businesses like ours, which rely on global supply chains, these changes create challenges in pricing, sourcing, and inventory management. But don’t worry—we’re staying ahead of the curve.

How Does This Affect Coral Cove?

Because many of our products are crafted in China, these tariffs increase our costs, making it more expensive to bring you the products you love. However, we are committed to minimizing the impact on you in the following ways:

1. Keeping Prices Fair

Rather than passing the full cost of tariffs onto our customers, we’re working strategically to absorb some of the costs while maintaining our commitment to quality and sustainability.

2. Expanding Our Supplier Network

To reduce our reliance on a single country, we are exploring alternative manufacturing partners in other regions. This not only helps us avoid future trade disruptions but also allows us to continue offering unique, high-quality products inspired by life on the water.

3. Maintaining Product Availability

We’re closely monitoring our supply chain to prevent stock shortages. If certain products become harder to source, we’ll be proactive in finding alternatives that match our standards.

4. Keeping You in the Loop

Transparency is important to us. As this situation evolves, we will continue to update you on any changes that may affect our collections, pricing, or availability.

What You Can Do to Support Small Businesses

Global events like this trade war remind us how interconnected we all are. Here’s how you can support small businesses like Coral Cove during these uncertain times:

  • Shop early: If you have your eye on a favorite product, securing it now ensures you get it before potential supply chain disruptions.
  • Support ethical brands: We continue to prioritize sustainable sourcing and quality craftsmanship, and your support helps us maintain these values.
  • Stay connected: Follow us on social media and subscribe to our newsletter to stay updated on new arrivals and exclusive offers.

At Coral Cove, our love for waterfront living and beautifully crafted products remains unchanged. While the global trade landscape may be shifting, our commitment to you—our valued customers—remains steadfast.

Thank you for being part of our journey. We appreciate your support as we navigate these challenges and continue bringing you the best in coastal style and comfort.

Your friends at Lakeshore Lifestyles Company
"Escape in Style, Stay in Comfort."

Back to blog

Leave a comment