Orca Card Prices Rise Due To Trump Tariffs On Chinese Exports
SEATTLE, WA As President Donald Trump was tweeting Friday morning about increasing tariffs on Chinese imports, Sound Transit was preparing to face the consequences of those tariffs.
The tariffs have caused the price of Orca cards, which are made in China, to jump by about 48 cents per card. The cards now cost Sound Transit $2.40 per unit to buy compared to $1.92 last year, according to the agency.
Sound Transit needs to buy 750,000 new Orca cards this year to keep up with demand, so the agency has to make a $400,000 budget transfer to cover the price increases. The money will come from a contingency fund, draining the account from over $1 million down to about $660,000.
Sound Transit had initially budgeted $1.58 million to buy cards in 2019. If the transfer is approved, the budget will jump to more than $1.9 million.
Orca cards cost commuters $5 up front (and $5 for a replacement), and can then be loaded with money. Thousands of commuters across Puget Sound use the cards to board buses, trains, and ferries operated by King County Metro, Sound Transit, Community Transit, Pierce Transit, and Kitsap Transit (and state ferries).
https://www.msn.com/en-us/money/news/orca-card-prices-rise-due-to-trump-tariffs-on-chinese-exports/ar-AABbHy4?item=delivery_service_enabled:false&item=personalization_enabled:false