Over half (54%) of companies surveyed by insurer Allianz say they will have to raise prices to accommodate cost of tariffs
A majority of US companies say they will have to raise their prices to accommodate Donald Trump’s tariffs in the US, according to a new report.
More than half (54%) of the US companies surveyed by insurance company Allianz said they will have to raise prices to accommodate the cost of the tariffs. Of the 4,500 companies across nine countries, including the US, UK and China, surveyed by Allianz only 22% said they can absorb the increased costs.
The unpredictability of US trade policy has also dented exporters’ confidence. The survey found 42% of exporting companies now anticipate turnover to decline between -2% and -10% over the next 12 months, compared to fewer than 5% before 2 April “liberation day” – when Trump unveiled his tariff policy.
They need to line item that bullshit on their reciepts:
Price: $100
Trump Tariff: $134
Total: $234 - You Voted For Thisif only. can we also add % of price that goes to shareholder profit? :)
They need to line item that bullshit on their reciepts:
Amazon was going to do so and the Trump administration went after them over it. We had an article here about it recently.
A ‘p*ssed’ Trump called Jeff Bezos after learning Amazon considered breaking out a tariff charge
Punchbowl News first reported that Amazon will soon “display how much of an item’s cost is derived from tariffs — right next to the product’s total listed price.” The move could directly illustrate to American consumers how Trump’s tariffs are affecting the cost of goods. Trump has slapped 145% tariffs on imports from China and a 10% minimum tax on all other countries.
The call came shortly after one of the senior officials phoned the president to inform him of the story.
It does kind of highlight how concerned the Trump administration is about having the costs linked to their policies in the eyes of the public.
Republican tariff. Trump isn’t alone in this.
They wouldn’t have done this on their own, it’s all Daddy Trump.
Seriously? You couldn’t just discuss the comment I made that was the same as this, you removed it?
Edit: mistakes were made and now resolved, problem over.
I didn’t remove anything, not sure what that’s all about.
There was no reason?
My comment was similar to Stupes.
The reason for it being deleted was the same as his reply to Stupe
That’s not a thing though. Everyone can have similar comments unless it’s spam of the same comment. I put it up on yepowertrippingbastards to see if I’m missing something.
Edit: Your comment was up 15 minutes longer. This is getting weirder. I thought it was a mistake when they’re close together.
I went in to put the same reply to both of them, but yours was deleted before I could reply. Weird. I thought you deleted it when you saw somebody else said the same thing.
Y’all need to get off .world
Yea wtf sorry this happened to you mate, and fuck you mod
Republican Tarrifs. Don’t let his supporters and enablers pin it to him alone. They all had a hand in this.
Not sure how/why this was removed, I had attempted to reply “They wouldn’t have done this on their own, it’s all Daddy Trump” but it was already gone when I tried.
Restored.
“have to” … in order to keep shareholders happy with profits.
Gee we’re really sorry to continue to screw you over with exorbitant profit margins
They don’t have to raise prices. They are choosing to raise prices, and let’s be honest here, I doubt that they really needed a reason to raise prices at all. These retailers were just waiting for the opportunity.
And…I’d love to see how quickly these same retailers drop their prices when these tariffs are lifted.
Depends on the items. Some things have tight enough margins that they’ll have to be raised.
I expect some companies will try to cut costs by cannibalizing themselves in the short term by cutting workforce. Nobody intends to report to their shareholders that profits are down.
Big companies can probably take the hit and reduce c-suite bonuses. Your mom and pops closing their doors because of this??? That’s by design.
Naturally. Mom and Pops aren’t creating value for the shareholders, so they just got to go.
Someone made that point w/ autos, and I pointed out that even though by any standard of individual wealth they’re exorbitant, they still only work out to a couple dollars per unit. A 20% teriff on aluminum and steel would still obliterate per-unit savings if the c-suite stopped being paid at all.
Walmart closed the mom and pop places eons ago. Now it’s the boutiques selling 3 dollar sweaters for 300 cause they added a hole.
But think of the shareholders. They are the only ones that matter.
To be somewhat fair, businesses don’t need a significant event in order to raise prices. I consider this kind of “open collusion”. Nobody is meeting in secret to make these decisions but everyone is looking around the room and nodding at each other.
Well, fuck, what a “hostile and political act” to say the obvious.
In the mind of a MAGAt, you are supposed to go bankrupt, for “freedom” or some shit, I guess.
More than half (54%) of the US companies surveyed by insurance company Allianz said they will have to raise prices to accommodate the cost of the tariffs.
Clearly, a majority of US companies are involved with some sort of heinious conspiracy with Biden to make Trump look bad.
/s
Eat the tariffs man
Orange Saviour says you must
For God and Country
Trump has been a terrible president.
The sky is blue.
How else will the democrats look good if they dont have the circus across the isle?
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Without a doubt. They voted for this, they were told this would happen, but are too dumb to understand.
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So when tariffs and hopefully trump is removed you will lower the price to original price? Right?
:(
