By Evra Taylor and Anne Cooper
Wednesday, February 5, 2025 12:24 AM
The optical industry continues to marshal resources and adapt as it assesses the impact that tariffs ordered by the Trump administration may have on revenue, materials, products and staffing. With President Trump having inked executive orders over the weekend that were slated to take effect on February 4 that imposed 25 percent tariffs on all goods imported from Mexico and Canada, with a 10 percent tariff on Canadian energy products, and a 10 percent tariff on imports from China, reliable news outlets reported that U.S. consumers and businesses could expect costs to rise on products ranging from groceries to gasoline to technology, leaving few sectors unaffected.