Trump promised voters tariffs are a panacea for the economy, but Walmart finance chief John David Rainey warned they will be inflationary for customers.
Your retail price is not predicated on what you paid to produce or obtain the product, it’s based on what you expect to have to pay to produce or procure the next one.
…This is just normal basic business economics.
Your retail price is not predicated on what you paid to produce or obtain the product, it’s based on what you expect to have to pay to produce or procure the next one.
Agreed, but some people don’t understand or realize this. We’re not going to see this huge manufacturing influx back to the US.