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dalton99a

(88,383 posts)
Fri May 2, 2025, 10:11 AM 12 hrs ago

Companies Are Serving Notice: We're Raising Prices Because of Tariffs

https://www.nytimes.com/2025/05/02/us/politics/companies-tariffs-price-increases.html

Companies Are Serving Notice: We’re Raising Prices Because of Tariffs
President Trump’s trade policies are already starting to frustrate American consumers who have noticed higher prices in their shopping carts.
By Madeleine Ngo
May 2, 2025, 5:03 a.m. ET

More companies are starting to warn that they will have to pass on higher costs to American consumers, raising prices for products like strollers, mattresses, power tools and cast-iron cookware as President Trump’s tariffs take hold.

Some company officials said they had been left with no choice but to raise prices as they pay more to import goods and materials into the United States. Other firms have said they will soon run out of inventory for certain products because they have paused orders from China.

Stanley Black & Decker said on Wednesday that it raised prices on its tools and outdoor products last month and will raise them again later this year. The German sportswear company Adidas said this week that steeper tariffs would eventually lead to higher prices for U.S. customers.

Executives at Procter & Gamble, which makes products like Bounty paper towels and Tide detergent, said last week that the company would most likely increase prices for some products to mitigate the effects of higher tariffs. And officials at Hasbro recently said the toymaker would “have to raise prices,” although it would try to “minimize the burden” on customers.

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https://www.familyhandyman.com/article/bathroom-structure-price-hikes-tariffs/

Your Next Bathroom Upgrade Will Cost Way More — Here’s Why
By Karuna Eberl
Published on Apr. 29, 2025

There’s a lot of chatter in the plumbing industry about how the new steel tariffs are impacting the prices of plumbing fixtures. This viral Reddit post from a construction company estimator noted that in early May, Delta Faucet Company plans on raising prices by around 7.5% and Kohler by 15% to 18%.

In the post, he wrote that one of his supplier stated: “Our company has been in business for almost 30 years and we have never seen such drastic price changes across the board in such a short amount of time.”

In the post’s comments, a pipefitter noted that supplier Nibco said valve prices would go up by 40%. Other contractors wrote that customers were canceling projects and pushing back start dates because of the tariffs on steel and other materials, including wood, drywall and more.

“As someone who works on a daily basis with homeowners on kitchen and bath renovations, I can confirm that suppliers are already priming us for price adjustments coming in May,” says interior designer Alecia Taylor. “It’s not just high-end shower units or faucets that are being targeted; even basic plumbing fixtures and components are being affected.”

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7 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Companies Are Serving Notice: We're Raising Prices Because of Tariffs (Original Post) dalton99a 12 hrs ago OP
Like the 1970s once prices go up they never retreat. Plus, it's a triple whammy. bucolic_frolic 12 hrs ago #1
+1. dalton99a 12 hrs ago #2
Must always increase shareholder value. Prairie_Seagull 10 hrs ago #5
My new mantra: marybourg 10 hrs ago #3
Pay tariff taxes and then pay sales tax on the tariff tax. Blue Full Moon 10 hrs ago #4
I got an email from the company phylny 10 hrs ago #6
Great, show the price with tariffs and without tariffs. republianmushroom 10 hrs ago #7

bucolic_frolic

(50,074 posts)
1. Like the 1970s once prices go up they never retreat. Plus, it's a triple whammy.
Fri May 2, 2025, 10:18 AM
12 hrs ago

Raise prices to cover the cost of the tariff.
Raise prices to cover the extra capital needed to purchase on credit the higher prices.
Raise prices to maintain profit margins on lower volume.

phylny

(8,731 posts)
6. I got an email from the company
Fri May 2, 2025, 12:10 PM
10 hrs ago

we get our toilet paper from, Who Gives a Crap. They’re raising my shipment five dollars. It’s still worth it and I don’t blame them, but here comes the roller coaster.

republianmushroom

(19,689 posts)
7. Great, show the price with tariffs and without tariffs.
Fri May 2, 2025, 12:15 PM
10 hrs ago

Let the education of red America continue.

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