FTFY: The lobbyist for bible printing companies says that they could not compete on price if we stopped printing bibles in China, so they requested a tariff exe

FTFY: The lobbyist for bible printing companies says that they could not compete on price if we stopped printing bibles in China, so they requested a tariff exemption. In the end, the lobbyist is trying to continue to keep a cheap source of production so profit margins from sales are higher. If printed in the US, their costs would be higher so they would not make as much per bible, and any price increases to the consumer would be slower than their cost rise so they kept demand relatively high. (Speculating, but typically consumers don’t like rapid price spikes)