Import companies warn there will be shortages this Christmas from Trump tariffs

The holidays are about to more difficult and more expensive, warned importers speaking to CNBC for a Wednesday report.

President Donald Trump's tariffs are leading to complications for countries that don't know how to submit funds that come as a result of the tariffs. While Trump has boasted that trillions of dollars are coming in from his tariffs, in August, at least 30 countries simply gave up and suspended or restricted all shipments to the United States.

U.S. tariffs on Chinese goods mean that the world's largest Christmas tree manufacturer will face an extra 57.6% tariff, according to the Peterson Institute for International Economics.

“We brought in about 25% less product,” said Chris Butler, CEO of National Tree Company, when speaking to CNBC about the matter. “We are definitely going to see a short supply this year. So if you’re a consumer and you are in the market for Christmas goods this year, I would definitely act now and get ahead of the curve.”

Butler leads "the Christmas Trade Group," which is a group of organizations with over 1,000 employees who generate $1 billion in revenue annually.

He explained that Black Friday is usually a big day for purchases on Christmas décor and trees are just scratching the surface of the smaller amount of items being imported. The reduction of imports means such items will likely sell out quickly.

“I would get ahead of that. So buy now, buy early is what I would say to consumers,” Butler said.

He went on to say that prices will be increased by at least 10% as a result of Trump's trade war.

“I think most consumers will be able to weather the 10% price increase, but consumers at the lower end of the economic spectrum may struggle,” he continued.

Butler has already met with the the Trump administration twice about his hope to "save Christmas."

“This is why we are having conversations with the [Trump] administration so we can potentially save Christmas going forward and give American consumers the low prices that we think they deserve,” he said.

Read the full report here.