Why Did Trump Initiate Tariffs On Imported Goods?
401Ks tanked and retirement plans were canceled.
Panicking, some industries, such as the automotive field, began placing workers on furlough.
As many are aware, the United States has significantly increased tariffs on imported goods.
However, DC is taking steps to help lower prices.
This panic over Trumps tariffs spread to the comics industry as well.
A good portion of comic books are printed overseas, particularly in Asian countries.
These could have easily raised the cover price of an average comic book by a few dollars at least.
Diamond is currently liquidating some of its assets, in a bid to make the company healthier.
Diamonds impending bankruptcy put the industry in panic mode, with publishers laying off staff and altering publication schedules.
With most books printed in Asia, this may be a moot point.
