Trump’s tariff plan will send prices ‘through the roof’, warn US firms
Trump’s tariff plan will send prices ‘through the roof’, warn US firms
US manufacturers are bracing for disruption and sounding the alarm that customers will be hit by price increases
Summary
Donald Trump’s plan to impose sweeping tariffs on goods from Mexico, Canada, and China is raising alarm among U.S. businesses, which warn it could trigger price spikes and inflation.
Firms in industries like apparel, manufacturing, and food production fear disruptions similar to the last trade war under Trump, when retaliatory tariffs hurt exports and supply chains.
Critics argue tariffs won’t effectively reshore production or reduce the trade deficit and could lead to runaway inflation, economic instability, and consumer cost increases.
-
it's so blatantly gross that we're only getting these articles AFTER the election. they aren't even trying to hide the fact that they want the voters to be uninformed as possible.
-
Companies think they can contain the incoming administration. They will not be able to. They played with fire and now are going to get burnt. We all get to burn together.
Shits going to go sideways very quickly.
-
I do not think it would have mattered. The Trump cult is a cult for a reason. He says jump, they ask how high. All while claiming to be free thinkers.
-
Do you honestly think that his voters are reading anything other than memes on Facebook? They aren't reading articles.
-
"if they could read, theyd be very offended"
-
-
Companies can hide price increases behind tariffs and make tons of money. They didn't tell anyone because they want those sweet 25Q1 and 25Q2 profits. After that it's someone else's problem.
-
There were absolutely articles like this before the election too
-
-
So inflation part two orange boogaloo?
Damn, I just wanted a couple years break.
-
One can only hope. After all, isn't this what they voted for?
-
After all, isn’t this what they voted for?
They voted for sticking it to immigrants and trans people. They don't understand a thing.
-
I'm stocked up and I can run on fumes. Bring it on. I can't wait to see these pampered little fucks burn in their own hypocrisy and helplessness.
Chaotic good finally gets a day. I can compress my life into a pin prick if it means I get to see some right-winger lose his boat to repossession.
-
-
Trumps trifecta could be a blessing in disguise, in that if the GOP continued moving as slow and calculated as they have for the last 50 years, Americans will remain the frogs sitting in the proverbial boiling pot... However if Trump is as insolent and ignorant as he appears to be, his reckless stupidity could insta-tank the economy and send the cost of living through the roof.
Obviously MAGA are too mentally ill to admit they're mentally ill, but it could shock the other 80 million adults, who stayed home in November, into action.
Likewise, if they move too aggressively with the authoritarian end goal of project 2025, they risk triggering armed resistance and civil war.
-
-
Don't worry, I'm sure the Trump administration is gearing up to pin the blame on Obama and Biden. And Harris, for good measure.
-
Trump’s Truth Social tariff tirade may be bluster, and Auricchio, at least, is confident there “won’t be a disaster” under a second Trump administration. “Threats during the election time are beyond reality,” he said. “I don’t believe Trump wants to disrupt world trade.”
This just in, a delusional business owner. More news at 11.
-
Someone needs to explain to this bloody orange monkey what tariffs are.
-
But my eggs…
-
The cheaper eggs people are about to find out.