vegeta@lemmy.world to politics @lemmy.world · 3 days agoThere's 'overwhelming evidence' tariffs have raised consumer prices, says Bank of Americawww.businessinsider.comexternal-linkmessage-square48fedilinkarrow-up1622arrow-down13
arrow-up1619arrow-down1external-linkThere's 'overwhelming evidence' tariffs have raised consumer prices, says Bank of Americawww.businessinsider.comvegeta@lemmy.world to politics @lemmy.world · 3 days agomessage-square48fedilink
minus-squareSteve@startrek.websitelinkfedilinkarrow-up28·3 days agoTheres a game of chicken going on. Try to hold out until the illegal tariffs are refunded so you dont lose customers.
minus-squaresnooggums@piefed.worldlinkfedilinkEnglisharrow-up11·2 days agoYup, and if they are rescinded the companies get to double dip as they get the tariffs back and don’t have to share the refund with customers.
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
Theres a game of chicken going on. Try to hold out until the illegal tariffs are refunded so you dont lose customers.
Yup, and if they are rescinded the companies get to double dip as they get the tariffs back and don’t have to share the refund with customers.
Don’t forget classic market pressure. Consumers were already struggling, if your product goes up too much many simply can’t buy it