“Across the United States, companies that rely on foreign suppliers are preparing to raise prices in response to the massive import tariffs that former president Donald Trump promises if he wins the election Tuesday,” the Washington Post reports. “Producers of a range of items, including clothing, footwear, baby products, auto parts and hardware, say they will pass along the cost of the tariffs to their American customers.”
Companies Prepare Price Hikes To Offset Trump’s Tariffs
Taegan Goddard, Political Wire
Wed, 10/30/2024 - 5:36am
BING NEWS:
- 'Bear the burden': CEOs warn major price hikes already planned to offset Trump tariffs
A slew of businesses across the U.S. say they're preparing to spike prices should former President Donald Trump regain the White House in 2025, the Washington Post reported Wednesday. Companies that ...
10/30/2024 - 3:17 am | View Link - Companies ready price hikes to offset Trump’s global tariff plans
U.S. companies that rely on foreign suppliers are preparing to raise prices in response to the massive import tariffs that former president Donald Trump promises if he wins.
10/29/2024 - 11:05 pm | View Link - Harris wants to upgrade America’s economy. Trump wants to tear it down and start over
Vice President Kamala Harris wants to renovate the American economy. Former President Donald Trump’s economic vision amounts to knocking it down and rebuilding it from the ground up.
10/29/2024 - 11:00 pm | View Link - Businesses brace for Trump tariffs on Chinese goods
Businesses are preparing for the spate of new tariffs on Chinese goods promised by former President Trump on the campaign trail, making advanced purchases of imported goods and buying up extra ...
10/29/2024 - 11:00 pm | View Link - Trump’s Vast Tariffs Would Rock Global Businesses and Shake Alliances
Economists said Donald Trump’s plan to return trade barriers to levels not seen in generations would be “a grenade thrown in the heart” of the international system.
10/28/2024 - 5:00 am | View Link - More
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