vegeta@lemmy.world to politics @lemmy.world · 2 days agoThere's 'overwhelming evidence' tariffs have raised consumer prices, says Bank of Americawww.businessinsider.comexternal-linkmessage-square49fedilinkarrow-up1614arrow-down12
arrow-up1612arrow-down1external-linkThere's 'overwhelming evidence' tariffs have raised consumer prices, says Bank of Americawww.businessinsider.comvegeta@lemmy.world to politics @lemmy.world · 2 days agomessage-square49fedilink
minus-squareSteve@startrek.websitelinkfedilinkarrow-up27·2 days agoTheres a game of chicken going on. Try to hold out until the illegal tariffs are refunded so you dont lose customers.
minus-squarearrow74@lemmy.ziplinkfedilinkarrow-up10·2 days agoDon’t forget classic market pressure. Consumers were already struggling, if your product goes up too much many simply can’t buy it
minus-squaresnooggums@piefed.worldlinkfedilinkEnglisharrow-up10·2 days agoYup, and if they are rescinded the companies get to double dip as they get the tariffs back and don’t have to share the refund with customers.
Theres a game of chicken going on. Try to hold out until the illegal tariffs are refunded so you dont lose customers.
Don’t forget classic market pressure. Consumers were already struggling, if your product goes up too much many simply can’t buy it
Yup, and if they are rescinded the companies get to double dip as they get the tariffs back and don’t have to share the refund with customers.