Economics

721 readers

78 users here now

founded 2 years ago

Consumers now face "tariff surcharges" for some goods as companies pass along costs (www.cbsnews.com)

submitted 2 days ago by [email protected] to c/[email protected]

7 comments fedilink hide all child comments

The Trump administration's volley of tariffs has U.S. companies scrambling for ways to absorb — and if possible avoid — the added business costs.

Some enterprises, from small businesses to nationally recognized brands, have already announced higher prices, citing Trump's tariffs. While others, from footwear companies to furniture brands, are warning consumers to brace for increased costs to come.

Amazon CEO Andy Jassy told CNBC Thursday that he expects the tariffs to lead to higher prices on a host of consumers goods, noting that the site's third-party sellers are likely to pass on tariff-related costs.

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 3 points 1 day ago

I know some of the tariffs have gone into effect but can any product sold today possibly have been imported in the last couple of days? Sounds like they are getting a premature jump on the upcharges.