I know this will shock all of our readers, but tariffs are a bad thing for consumers and not good business.
A Florida grocery store run by a Trump supporting family of immigrants is learning that lesson the hard way: all the way to bankruptcy proceedings. The grocery store is called Wong Kai Imports and was opened by John Wong and his two brothers in 1983 after they immigrated from Hong Kong to live the American Dream.
Now their dream has turned into an American Nightmare with the return of Donald Trump into office. They may have to close their store – and they put the blame solely on Donald Trump’s tariffs.
The store, Wong Kai, has immense support from the local community, becoming the “go to destination” for Asian ingredients and food products that are virtually impossible to find at other grocery and big box stores. Their offerings are heavily focused on things like authentic ramen noodles, sauces, candies, and specialty imports from across Asia.
But, tariffs are making it impossible for the store to remain profitable any longer. The owner, Wong, supported Trump in the 2024 election. In fact, one of the things that swayed him to support Trump was his promise about lowering grocery costs. But, as with all things Trump, that was a lie. Grocery costs are at an all time high and show no signs of slowing.
