There is a price level most consumers won’t pay. Without a doubt most of these big conglomerates put a lot of effort into knowing that price. If they try to pass the tariffs onto consumers it will likely result in a precipitous drop in demand.
This is why they’re so pissed off, they know they will have to absorb these tariffs, not consumers. That is why Range Rover decided to not export cars to the United States, they are unwilling to absorb the tariff to maintain a price that maintains demand levels.
A VERY SUCCINCT reply to a VERY DIFFICULT TOPIC...That is EXACTLY what PDJT wants...
NOTE: these US Corps. were making stuff overseas for pennies on the dollar and selling it back here an making a killin'!!!!! NOW, NOT SO MUCH...MAKE IT HERE--->NOT TARIFFS!!!!!
Those corporate "short hairs" will be a screamin' it tell ya'!!!!!😁😁😁😁😁😁😁
It’s already happening, the price will be relegated to the consumer, which is Trump's purpose for the tariffs. To drive the price up (because 100% of the tariffs cost will be pushed on the consumer) of outside goods, so that domestic goods are cheaper and more competitive than the international ones .
If it’s already happening then businesses are price gouging. It’s next to impossible anything currently in stock already has a the cost of tariffs in its price.
Businesses do that all the time! Any news that indicates prices may be going up, they then raise the prices. The most blatant example is when there is news of the price of crude oil going up, the local gas stations raise the prices of their gas! The gas in their tanks was made from petroleum shipped to refineries weeks prior. Any actual increase in crude oil prices wouldn't affect their gas for several weeks (unless, of course, their supplier does to them what they do to their customers, but regardless, the gas in their underground tanks was purchased well before any actual cost to them increased)
I agree, they gouge whenever the opportunity presents itself and suppliers of necessities are the worst offenders. Suppliers of discretionary items can try, but it will hurt their sales.
Admittedly the lines between necessities and luxuries is very blurry anymore. My grandparents believed a landline telephone was a luxury. Today people behave like the next smartphone release is a necessity.
I know for sure they are desperate, the staff of a car dealership tried so so many times to see me one of their cars and I didn’t even bother. They will have no choice to drop prices at the end. Nobody will buy any of their shit.
There is a price level most consumers won’t pay. Without a doubt most of these big conglomerates put a lot of effort into knowing that price. If they try to pass the tariffs onto consumers it will likely result in a precipitous drop in demand.
This is why they’re so pissed off, they know they will have to absorb these tariffs, not consumers. That is why Range Rover decided to not export cars to the United States, they are unwilling to absorb the tariff to maintain a price that maintains demand levels.
A VERY SUCCINCT reply to a VERY DIFFICULT TOPIC...That is EXACTLY what PDJT wants...
NOTE: these US Corps. were making stuff overseas for pennies on the dollar and selling it back here an making a killin'!!!!! NOW, NOT SO MUCH...MAKE IT HERE--->NOT TARIFFS!!!!!
Those corporate "short hairs" will be a screamin' it tell ya'!!!!!😁😁😁😁😁😁😁
It’s already happening, the price will be relegated to the consumer, which is Trump's purpose for the tariffs. To drive the price up (because 100% of the tariffs cost will be pushed on the consumer) of outside goods, so that domestic goods are cheaper and more competitive than the international ones .
If it’s already happening then businesses are price gouging. It’s next to impossible anything currently in stock already has a the cost of tariffs in its price.
Businesses do that all the time! Any news that indicates prices may be going up, they then raise the prices. The most blatant example is when there is news of the price of crude oil going up, the local gas stations raise the prices of their gas! The gas in their tanks was made from petroleum shipped to refineries weeks prior. Any actual increase in crude oil prices wouldn't affect their gas for several weeks (unless, of course, their supplier does to them what they do to their customers, but regardless, the gas in their underground tanks was purchased well before any actual cost to them increased)
I agree, they gouge whenever the opportunity presents itself and suppliers of necessities are the worst offenders. Suppliers of discretionary items can try, but it will hurt their sales.
Admittedly the lines between necessities and luxuries is very blurry anymore. My grandparents believed a landline telephone was a luxury. Today people behave like the next smartphone release is a necessity.
I know for sure they are desperate, the staff of a car dealership tried so so many times to see me one of their cars and I didn’t even bother. They will have no choice to drop prices at the end. Nobody will buy any of their shit.
car salesman tried to sell you a car. crazy times
econ 101
Which was a very long time ago for me.