
https://www.washingtonpost.com/business/2024/10/30/companies-tariffs-trump-prices/
In response to tariffs planned by President-Elect Donal Trump to encourage American companies to support American manufacturing and American job creation, Timothy Boyle, chief executive of Columbia Sportswear, says “we’re just going to deal with it and we’ll just raise the prices. … It’s going to be very, very difficult to keep products affordable for Americans.”
Columbia Sportswear wants to raise prices on consumers instead of supporting American Businesses
byu/diabl0w ineconomy
by diabl0w
1 comment
They gave no indication on trying to explore business deals with domestic manufacturers and attempt to maintain prices, they will just raise prices on their products.
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