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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region Forums"We Will Pass Those Costs To The Consumer": These 7 Companies Say They're Set To Raise Prices Because Of The Trump Tarif
"We Will Pass Those Costs To The Consumer": These 7 Companies Say They're Set To Raise Prices Because Of The Trump Tariffs (BuzzFeed)"If we get tariffs, we will pass those tariff costs back to the consumer."
Earlier this week, White House Press Secretary Karoline Leavitt slammed a reported plan by Amazon to begin displaying the costs of Trump's tariffs on imported goods, calling it "a hostile and political act by Amazon." An Amazon spokesperson later told Reuters that the company had considered this plan, but it "was never approved and [is] not going to happen."
However, some Amazon sellers have reportedly already raised prices due to the tariffs, and others have said they plan to opt out of Prime Day this year due to the rising costs to their business.
China-based brands like Temu and Shein also responded to the tariffs this week by raising prices, and the effects of the tariffs are expected to be felt more broadly in the coming weeks. So what can we expect? Here are 7 more companies that have said that the tariffs will likely force them to raise prices:
1. Best Buy
Earlier this week, White House Press Secretary Karoline Leavitt slammed a reported plan by Amazon to begin displaying the costs of Trump's tariffs on imported goods, calling it "a hostile and political act by Amazon." An Amazon spokesperson later told Reuters that the company had considered this plan, but it "was never approved and [is] not going to happen."
However, some Amazon sellers have reportedly already raised prices due to the tariffs, and others have said they plan to opt out of Prime Day this year due to the rising costs to their business.
China-based brands like Temu and Shein also responded to the tariffs this week by raising prices, and the effects of the tariffs are expected to be felt more broadly in the coming weeks. So what can we expect? Here are 7 more companies that have said that the tariffs will likely force them to raise prices:
1. Best Buy
https://www.buzzfeed.com/meganeliscomb/companies-raising-prices-tariffs-april-2025
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"We Will Pass Those Costs To The Consumer": These 7 Companies Say They're Set To Raise Prices Because Of The Trump Tarif (Original Post)
Eugene
Yesterday
OP
Of course they will. They will have to do that. They won't eat the loss and go out of business.
Attilatheblond
Yesterday
#2
Lovie777
(18,215 posts)1. Damn.............
Attilatheblond
(5,758 posts)2. Of course they will. They will have to do that. They won't eat the loss and go out of business.
I thought GOP pols and policy makers were all about 'the shareholders'. Just how do companies pay the tariffs and NOT pass the costs along to consumers?
Zorro
(17,309 posts)3. Damn. Rolex prices going up 3%.
PJMcK
(23,551 posts)4. Rolex is a Swiss company
I thought Trump said the tariffs would be 10% across the board. Weird.
dalton99a
(88,383 posts)5. "But the foreigners were going to pay those tariffs for us!"