Author Topic: Consumers now face "tariff surcharges" for some goods as companies pass along costs  (Read 432 times)

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Offline kevindavis007

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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 President Trump's tariffs. Others, from footwear companies to furniture brands, are warning consumers to brace for increased costs.

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.

Some consumers are also preparing for price hikes by stocking up on goods they think are likely to become more expensive if U.S. "reciprocal levies" on dozens of countries, which are paused for 90 days, take effect.

Read more: https://www.cbsnews.com/news/trump-tariff-surcharge-prices/?linkId=795967013

Wow, I didn't see this coming.. I love this winning...
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Ronald Reagan: “Rather than...talking about putting up a fence, why don’t we work out some recognition of our mutual problems and make it possible for them to come here legally with a work permit…earning here they pay taxes here.”

Offline Smokin Joe

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Quote
Labucq, which sells high-end footwear that is fabricated in Italy,Labucq said its pricing will then jump by an additional roughly 10% on May 7, noting the increases are necessary for it to "remain sustainable."

Dame, a sexual wellness brand that makes adult toys and personal care products...

Meh.
Let me know when it gets to FR gear and workboots.
How God must weep at humans' folly! Stand fast! God knows what he is doing!
Seventeen Techniques for Truth Suppression

Of all tyrannies, a tyranny sincerely exercised for the good of its victims may be the most oppressive. It would be better to live under robber barons than under omnipotent moral busybodies. The robber baron's cruelty may sometimes sleep, his cupidity may at some point be satiated; but those who torment us for our own good will torment us without end for they do so with the approval of their own conscience.

C S Lewis

Offline IsailedawayfromFR

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Meh.
Let me know when it gets to FR gear and workboots.
I believe Duluth still makes it's boots and some FR clothing in the USA.

Bet they begin making even more
“You will never understand bureaucracies until you understand that for bureaucrats procedure is everything and outcomes are nothing.” Thomas Sowell

Offline Hoodat

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Meh.
Let me know when it gets to FR gear and workboots.

Rasco has everything discounted on their website.
If a political party does not have its foundation in the determination to advance a cause that is right and that is moral, then it is not a political party; it is merely a conspiracy to seize power.     -Dwight Eisenhower-

"The [U.S.] Constitution is a limitation on the government, not on private individuals ... it does not prescribe the conduct of private individuals, only the conduct of the government ... it is not a charter for government power, but a charter of the citizen's protection against the government."     -Ayn Rand-

Offline Smokin Joe

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Rasco has everything discounted on their website.
I'll check that out, thanks.
How God must weep at humans' folly! Stand fast! God knows what he is doing!
Seventeen Techniques for Truth Suppression

Of all tyrannies, a tyranny sincerely exercised for the good of its victims may be the most oppressive. It would be better to live under robber barons than under omnipotent moral busybodies. The robber baron's cruelty may sometimes sleep, his cupidity may at some point be satiated; but those who torment us for our own good will torment us without end for they do so with the approval of their own conscience.

C S Lewis