Walmart and Other Companies Say Trump’s Tariffs Will “Obviously” Raise Prices

  • 📰 truthout
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 68%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Fearless Independent Journalism

Economic experts are warning that if president-elect Donald Trump follows through on his plan to impose massive tariffs on goods imported from other countries, American consumers will likely face higher prices — a warning that was recently echoed by a prominent executive from Walmart, the country’s largest retailer., framing increased costs as an action the company would be forced to take in order to make up the costs of tariffs.

“If Donald Trump says tariffs work, tariffs work. Because Donald Trump is really never wrong,” Rep. Troy Nehls The next round of tariffs that Trump plans to propose would be even bigger — and thus, more harmful to consumers’ pocketbooks,Other companies have echoed Walmart’s warnings about tariffs affecting consumer costs.

We must give ourselves space to grieve and feel our fear, feel our rage, and keep in the forefront of our mind the stark truth that millions of real human lives are on the line. And simultaneously, we’ve got to get to work, take stock of our resources, and prepare to throw ourselves full force into the movement.Even as we are reeling, we’re summoning up all the energy we can to face down what’s coming, because we know that one of the sharpest weapons against fascism is publishing the truth.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 69. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Morning-after pill sales surge online, telehealth companies say, as women prepare for second Trump termOnline sales of emergency contraceptives, like the morning-after pill Plan B, have skyrocketed in the United States in the last week – just days after Donald Trump won the US presidential election, according to retailers.
Källa: CNN - 🏆 4. / 95 Läs mer »