Tuesday, May 20, 2025

Majority of US Companies say They Have to Raise Prices Due to Trump Tariff

A majority of US companies say they will have to raise their prices to accommodate Donald Trump's tariffs in the US, according to a new report.

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US homebuilders pulled back on projects in April amid whipsaw tariff announcements and growing fears of economic stress, new data on Friday revealed.

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-- CNN (@cnn.com) May 19, 2025 at 8:03 PM

Comments

Thanks for the regressive tax increase, Republicans!

#1 | Posted by snoofy at 2025-05-20 05:48 PM

@#1

The Trump regime had been saying that the exporting country, e.g., China, would pay for the Trump tariffs.

Now that the results of those tariffs seem to be reaching consumers, the Trump regime seems to be changing its tune, now saying that US retailers should absorb the tariff costs.


While that directive may work, though likely not, for huge retailers like Walmart, what about the millions of small businesses in the US who were not able to stock up to help mitigate the results of the Trump beautiful tariffs?



#2 | Posted by LampLighter at 2025-05-20 06:39 PM

It didn't take a rocket scientist to see this coming from a thousand miles away. It is basic finance and accounting.
Someone is paying that extra. It isn't the company. And it ALWAYS lands on the consumer.
I'm trying to figure out if the Fanta Fascist deliberatly misguided folks. If he is really this ignorant that he didn't know this would happen. If most Americans are this ignorant that they didn't understand they would be eating this.
So many people warned and warned and warned that THIS would be the outcome of tariffs.
And still Mango Mussolini thought starting a trade war would be a grand thing.
The US economy is the worst it has been in decades.
Thanks Donnie Dump
But most folks with 2 brain cells to rub together could see this coming.
Companies are not going to eat this. They are there for profits.

#3 | Posted by gypsydiane8177 at 2025-05-21 07:28 AM

So you pay a tariff, an add-on fee, to a company that has produced that thing with non union labor in china, and life goes on. Has anyone noticed American manufacturing heading back to our shores? It was the ridiculous Republican Party of the Republican Nixon that "opened china to the west" exactly to do what happened, kill the power of American unions and make a fortune for the investor class. Trump is not going to stop that gravy train any time soon.

#4 | Posted by Hughmass at 2025-05-21 07:32 AM

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