Businesses dealing with tariffs are looking for ways to pass increasing costs onto consumers, according to the Beige Book report.
  • TedescheEnglish
    73•10 days ago

    They’re not “trying” to do this, they’re doing this because the tariffs increase the prices they have to pay to get their goods, so naturally they need to increase the price they sell said goods to consumers so that they can turn a profit and continue to exist as a business. This is not, was not, and never will be that hard to understand.

    • Lit
      14•9 days ago

      The sad thing is that even after tariffs are removed, the prices probably won’t be reduced much.

      • @CouncilOfFriends@slrpnk.netEnglish
        3•9 days ago

        Additionally while retail prices will remain high, stock prices responding to tariff toilet tweets will continue to reflect the same pump and dump scheme Trump bragged about in the White House with Charles Schwab.