How Do Tariffs On China Affect The U.S. Cannabis Industry? [Forbes]

Ispire Technology Inc. (ISPR)
Company Research
Source: Forbes
getty U.S. tariffs on China could drive up some cannabis product prices, as the industry heavily depends on Chinese manufacturing. However, some companies are already diversifying their production to avoid the rising costs. Since the beginning of President Donald Trump's second term, he has implemented tariffs on imports from China, Canada, Mexico, and the European Union. These measures aim to encourage domestic manufacturing, protect U.S. jobs, and address trade imbalances despite potential economic challenges and market volatility. In February, Trump imposed a 10% tariff on all Chinese imports. In March, this tariff was increased to 20%. Combined with previous tariffs from his first term, the total tariffs on certain Chinese g
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ISPR
News
- Ispire Technology Inc. (NASDAQ: ISPR) had its "buy" rating re-affirmed by analysts at Roth Mkm. They now have a $9.00 price target on the stock.MarketBeat
- Ispire Technology Inc. Unveils Sprout™: The Future of All-in-One Vape TechnologyPR Newswire
- Ispire Technology Inc. to Participate in the 37th Annual ROTH Conference on March 16-18, 2025PR Newswire
- Raw Garden Introduces Sprout™ Vape, Pioneering Terpene-Safe Plastic for Cannabis Hardware [Yahoo! Finance]Yahoo! Finance
- Raw Garden Introduces Sprout™ Vape, Pioneering Terpene-Safe Plastic for Cannabis HardwareGlobeNewswire
ISPR
Earnings
- 2/10/25 - Miss
ISPR
Sec Filings
- 3/19/25 - Form 4
- 3/14/25 - Form 4
- 2/28/25 - Form 8-K
- ISPR's page on the SEC website