Trump tariffs have forced us into bankruptcy and liquidation, says PC case maker CaseLabs | The Independent

Do tell how a 25% tariff is raising costs by 80%

From the comments.

A classic example of the 'blame game', a company is almost on the rocks due to basing its manufacturing / assembly in California, a very high tax state, plus a large default from a customer as the article stated and when that tips it over the edge, find someone else to blame. This companies business model was obviously unsustainable and maybe increased import costs would tip it over the edge, MAYBE !

Why didn't this company restructure itself in a lower tax US state if it saw the writing on the wall long before Trumps level playing field tariffs. Quite likely a new start up with better financial control will begin in a lower cost state and save welfare benefits as there's obviously a demand for custom high end PC enclosures.

This is what's called an "economic correction." If a single source drives the market, the market is being artificially influenced. If that's allowed to happened long enough, people come to believe that this is how the market is supposed to be and will fight for that single source market no matter the cost. When you remove the artificial influence, the market corrects itself to true supply and demand. This is what is happening.