Majority of US companies say they have to raise prices due to Trump tariffs

[tahuyaman]

YES!!! Our company works with small companies who have product coming offshore figuring out how to work with 10% to 30% tariffs. Others who manufacturer in the US have components that are sourced offshore.

Thats a lie

 

[mikegriffith1]

Majority of US companies say they have to raise prices due to Trump tariffs

Over half (54%) of companies surveyed by insurer Allianz say they will have to raise prices to accommodate cost of tariffs

www.theguardian.com

This must be exciting for maga fans. Its exactly what they voted for. Higher prices.
They do have options. Not buying anything is the main one.
I do feel that the maga herd is in a false sense of security at the moment.

Stockpiling means that the trump recession hasnt kicked in yet. It will when the stock runs out and they have to re-order.

A long hot summer of trump fuelled discontent.

What blind partisan ignorance. If tariffs are so awful, why do most other nations impose such high tariff rates on imports, including China, Russia, Japan, Taiwan, South Korea, India, Germany, England, France, Italy, etc., etc.?

Yes, many businesses will raise prices due to the tariffs, but many others will not, and the tariffs more revenue for the government and reduce the trade imbalance. Furthermore, when Americans choose made-in-America products over imports, all that money stays here in the U.S., instead of lining other nations' pockets.

 

[Tommy Tainant]

What blind partisan ignorance. If tariffs are so awful, why do most other nations impose such high tariff rates on imports, including China, Russia, Japan, Taiwan, South Korea, India, Germany, England, France, Italy, etc., etc.?

Yes, many businesses will raise prices due to the tariffs, but many others will not, and the tariffs more revenue for the government and reduce the trade imbalance. Furthermore, when Americans choose made-in-America products over imports, all that money stays here in the U.S., instead of lining other nations' pockets.

I just havent got the patience to spell it out for you.

 

[ElmerMudd]

Thats a lie

That is not a lie. Why in the heck do you think I would make something like that up.
Too many people do not understand how the tariffs effect certain businesses.

 

[tahuyaman]

That is not a lie. Why in the heck do you think I would make something like that up.
Too many people do not understand how the tariffs effect certain businesses.

Why would anyone lie? To support their agenda.