Companies Are Serving Notice: We’re Raising Prices Because of Tariffs
Companies Are Serving Notice: We’re Raising Prices Because of Tariffs
www.nytimes.com
Companies Are Serving Notice: We’re Raising Prices Because of Tariffs
24 comments
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Where's all the MAGAts whining about grocery prices?
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they stopped as soon as TRUMP said he couldnt lower them, also eggs too,
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Can we expect the CEOs to decline any raises of any kind during these trying times for our country and citizens?
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🤣
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they will decline any pay cut though.
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That wouldnt work. The tariffs are bigger than most profit margins.
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What a time to be alive, for the first time in all the years of working for this company we are moving some manufacturing out of the US so we can avoid tariffs when shipping to other countries. They are sending like half our team this month to train people in mexico how to build and test some of our products with talk that we will be doing something similar to build stuff in Asia
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i want them to prove it. just like with covid price hikes, and standard capitalism’s greed, I don’t believe them. at all.
edit: downvoters - do you think I believe businesses were honest during covid? hell no. why downvote? businesses are all evil. how’s adam smith’s boot taste?
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You didn't believe in covid price hikes?
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Companies reached peak profits during the height of COVID, proving that the price increases were not primarily caused by supply issues.
We've seen it more recently with egg prices greatly outpacing actual supply shortages.
'supply and demand' isn't what sets a price, and hasn't been for more than a century. Prices are simply set as high as the market can bear.
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i believed they’d hike for profit and pretend it was because of covid… yes.
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some of the covid prices are sitll on amazon.
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Okay. Companies that raise prices, and use foreign labor and materials, are just going to get less of my money than those that are wholly domestic.
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Why wouldn't they? the domestic companies get to raise their prices by exactly the same amount in line with 'what the market will bear' and pocket the profits.
24 comments