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Summary

Donald Trump’s plan to impose sweeping tariffs on goods from Mexico, Canada, and China is raising alarm among U.S. businesses, which warn it could trigger price spikes and inflation.

Firms in industries like apparel, manufacturing, and food production fear disruptions similar to the last trade war under Trump, when retaliatory tariffs hurt exports and supply chains.

Critics argue tariffs won’t effectively reshore production or reduce the trade deficit and could lead to runaway inflation, economic instability, and consumer cost increases.

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[-] cheers_queers@lemm.ee 84 points 2 weeks ago

it's so blatantly gross that we're only getting these articles AFTER the election. they aren't even trying to hide the fact that they want the voters to be uninformed as possible.

[-] NineMileTower@lemmy.world 43 points 2 weeks ago

Do you honestly think that his voters are reading anything other than memes on Facebook? They aren't reading articles.

[-] Scubus@sh.itjust.works 6 points 2 weeks ago

"if they could read, theyd be very offended"

[-] Semi_Hemi_Demigod@lemmy.world 16 points 2 weeks ago

Companies can hide price increases behind tariffs and make tons of money. They didn't tell anyone because they want those sweet 25Q1 and 25Q2 profits. After that it's someone else's problem.

[-] youstolemyname@lemmy.world 12 points 2 weeks ago* (last edited 2 weeks ago)

Companies think they can contain the incoming administration. They will not be able to. They played with fire and now are going to get burnt. We all get to burn together.

Shits going to go sideways very quickly.

[-] circuitfarmer 8 points 2 weeks ago

I do not think it would have mattered. The Trump cult is a cult for a reason. He says jump, they ask how high. All while claiming to be free thinkers.

[-] Soulg@sh.itjust.works 2 points 2 weeks ago

There were absolutely articles like this before the election too

this post was submitted on 27 Nov 2024
229 points (99.1% liked)

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