Trump promised voters tariffs are a panacea for the economy, but Walmart finance chief John David Rainey warned they will be inflationary for customers.
I think I agree with all that, although I dont think China or America needs each other at this point.
I agree it would be ideal to have things prepared for when tariffs hit and companies are free to do that. They have some lead time now, and they could have prepared plans for this in advance as well.
If prices do go up, it will be because most companies choose to raise the price and/or drag their feet. People are increasingly critical of corporations these days, I dont think they will get off as easy as last time.
I think I agree with all that, although I dont think China or America needs each other at this point.
I agree it would be ideal to have things prepared for when tariffs hit and companies are free to do that. They have some lead time now, and they could have prepared plans for this in advance as well.
If prices do go up, it will be because most companies choose to raise the price and/or drag their feet. People are increasingly critical of corporations these days, I dont think they will get off as easy as last time.