Related Posts
Best oil stock to buy right now?
Who has a pool 🤨
Additional Posts in Brand Side
Likes to Open DM please ❤️

New to Fishbowl?
Download the Fishbowl app to
unlock all discussions on Fishbowl.
unlock all discussions on Fishbowl.
Best oil stock to buy right now?
Who has a pool 🤨
Likes to Open DM please ❤️

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Download the Fishbowl app to unlock all discussions on Fishbowl.
Copy and paste embed code on your site

Scan your QR code to download
Fishbowl app on your mobile

It will most likely just mean that the price of a pair of shoes will skyrocket. They'll be expensive to produce in America, so the choice will come down to that or shoes from overseas with the high Trump taxes imposed on them. Either way, the consumer loses.
I think that they'll raise prices whether or not their costs increase, blaming tariffs but ultimately taking advantage of American consumers. We have all seen how much American corporations took advantage of Covid price increases (even after the prices have actually gone down)
Mentor
^ 100%
Price implications won’t change, so it doesn’t matter. They’ll do what every company does after a significant tax on production: lower production volume and desperately raise prices.
There will be a huge demand for luxury consultants who have to help companies reposition a mass market brand to appeal to wealthier targets.
We’re in for a rough road.