President Donald Trump on Saturday signed an order to impose stiff tariffs on imports from Mexico, Canada and China, fulfilling a campaign promise but raising the prospect of increased prices for American consumers.
  • @CharlesDarwinOPMEnglish
    3•7 days ago

    Prospect? I suppose companies are going to bear those taxes and not pass it on?

    🤣

    • nocturneEnglish
      2•7 days ago

      Likely they will raise the costs to distributors, who will raise the cost to retailers, but the msrp will not be raised to reflect the new taxes so when retailers increase our prices to make up for the hits we look like the greedy ones.