When tariffs hit 25%, "I just said, 'Screw it, I'm not going to play this game, I'm not going to work for nothing," Fischer says. Fischer's home is their care center and habitat with dozens of tanks and tubs plus an indoor pool. It's a one-man operation, importing about 6,000 goldfish a year. Most pet stores will carry some cheaper but still fancy types like orandas with raspberry-like growths atop their heads.Īs tariffs escalated earlier this year, Fischer took stock of his online business. Fischer says he has sold higher-end specimen for over $1,000. Prices for high-quality grown fish can run $125 to $300 on average. importer of a Chinese good, he is the one on the hook to pay the tariff. "My income is literally cut in half by tariffs," Fischer says. It deals in top-shelf fish - telescoping eyes, calico colors, feather-like fins - that can go for well over $100 apiece. His Michigan company is Dandy Orandas, named for a type of fancy goldfish. The math is very different for sellers like Fischer. The goldfish tariff, like so many tariffs from the list, might seem negligible for someone buying a $10 common pet-store fish - the basic bright-orange kind one might get at a carnival. And goldfish - the live pet, not the snack food - are tucked in on page 31 of list three of Chinese imports that face tariffs of 25%. That's a question that has Ken Fischer reeling. What do goldfish have to do with the global trade balance? Goldfish, like these showcased at Tokyo's Nihonbashi Art Aquarium, have been bred in China over centuries, into forms so varied and rare that one can be worth hundreds of dollars.
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