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

Tuesday, May 20, 2025

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.

Posted by Corky at 09:31 PM | 10 COMMENTS | permalink | Comment on This Entry |

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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

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Thanks for the regressive tax increase, Republicans!

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

@#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 | Reply | Newsworthy 1

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 | Reply

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 | Reply

"the majority of companies say they will increase prices due to Trump tariffs."
The others are lying...

#5 | Posted by e1g1 at 2025-05-21 09:40 AM | Reply

"may have to", might have to", "could happen". Home Depot announced yesterday that it wouldn't happen.

#6 | Posted by fishpaw at 2025-05-21 12:47 PM | Reply

"may have to", might have to", "could happen". Home Depot announced yesterday that it wouldn't happen.

#6 | Posted by fishpaw

Home Depot is run by a fascist trump supporter. Only a moron still expects to hear the truth from one of those.

#7 | Posted by SpeakSoftly at 2025-05-21 01:56 PM | Reply | Newsworthy 2

Aside from Canadian lumber, Home Depot doesn't strike me as a major importer.

#8 | Posted by snoofy at 2025-05-21 01:59 PM | Reply

#2 | Posted by LampLighter

It won't work for anyone unless they want to go out of business. Even though they claimed they weren't looking at it, Amazon was supposedly going to add a tariff surcharge to items to show you the tariff impact. Walmart will increase prices trump threats or not. They just may be sneaky about it. As for others... We announced price increases and that is almost everyone in our industry except for the ones falsely claiming "Made in America". Legally speaking I know it doesn't meet the definition as the Raw materials are not produced in the USA.

#9 | Posted by GalaxiePete at 2025-05-21 02:32 PM | Reply

It's like the woman whose face was ripped off by the leopard she voted for trying to claim it was a different animal that ripped her face off. Better than admitting she was a fool for voting for the face eating leopard in the first place.

#10 | Posted by moder8 at 2025-05-21 03:16 PM | Reply