• @[email protected]
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    12 months ago

    Obviously I don’t know the business in question, but it’s quite possible that the company has a bunch of longer running contracts that would become a loss if the inputs become much more expensive.

    Of course, businesses will use the opportunity to charge more, but sudden price hikes are a very real problem.

    • @[email protected]
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      12 months ago

      This is almost certainly what’s happening. The proposed tariffs will be very hard on American businesses and devastating for the consumer. It’s quite literally a fairly severe tax on domestic companies and the American people. But, honestly, we could do with a less consumerism in this country. Unfortunately, it’s likely to cause a tough economic downturn that will hurt poor people the most.

      • @[email protected]
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        2 months ago

        Be hilarious if Trump simultaneously collapses the economy and starts a green movement built around an inherent need for a second hand economy.