Columbia Sportswear CEO says the company will raise prices due to trade war

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“This basically rogue application of tariffs, coming at a very bad time in the United States, is going to be really, really difficult to manage.” Columbia Sportswear’s outspoken CEO on the cost of the China trade war to his business:

 

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Good. I hope they have to raise prices as they went to China and took American jobs away to make bigger profits at the expense of American jobs. Make your products here.

Well stop manufacturing your crap in China manufactured in the United States and you won’t have to pay the tariffs commonsense business

'This tariff is coming at a really bad time in the United States' translation, we are screwed, we haven't moved anything out of China, we thought for sure this would have blown over by now. mybad

The Solution: Unilateral Free Trade

How many times are YOU going to tweet this idiot CEO ... His products are not made in America, with American materials, or American labor ... Tariff him into bankruptcy !!!

It’s not the money...it’s the money

Outspoken?! What the fck are you on about?! This isn't about his being 'outspoken,' it's about Trump bring capricious and incompetent and hurting everyday Americans badly.

Good. Something has to change the culture in America, so that Americans stop looking for happiness in buying crap.

Arent these the guys who were using slave labor in the chinese concentration camps in xinjiang china?

Trump is keeping his campaign promise to raise tariffs up to 45% on ALL Chinese imports. This CEO wasn’t paying attention and should be held accountable by his Board.

Complete BS. Ken Fisher yesterday explained in detail why the Tariffs amount to a pimple on the ass of a flea to the US Economy. This is about the whores on Wall Street who’ve made billions while raping cities and the American Consumer.

The first words from the CEO are that he does not make American products, with American materials, and American labor !!! Tariff him out of American business !!!

davidfaber Not sure why so many fail to realize what he said about logistics. It’s not easy and takes a long time to move the supply chain infrastructure and is not something that can be done w/o certainty.

Yeah? Must be something about that 300%+ profit margin textiles make from outsourced labor. Make it in the USA.

davidfaber

Always amazing to hear CEOs who have made a fortune off of Slavs China labor complain about tariffs

It is absurd to think you can lower interest rates and the dollar will decline to support more exports. Nobody considered that you then wipe out pensions and force the elderly to work because they cannot live off the interest from the savings.

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