• Trump's win could lead companies to push up prices

  • Nov 7 2024
  • Length: 19 mins
  • Podcast

Trump's win could lead companies to push up prices

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  • Summary

  • The episode examines the potential impact of President-elect Trump's proposed tariffs on imported goods. Experts predict that U.S. consumers will bear the brunt of the tariffs, leading to higher prices on various products. Several companies have stated their plans to pass on the cost of the tariffs to consumers, either by raising prices or shifting production to avoid the levies. The article also explores the potential impact of the tariffs on inflation and the American economy, with economists expressing concern about the economic ramifications.
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