I do think it’s funny that American retailers are caught between a rock and a hard place: swallow the cost of tariffs themselves, which may mean selling some items at a loss (???) or raise prices to cover the tariffs, and face the wrath of the man who levied them.
I mean realistically they will probably dig around for other plausibly deniable justifications to raise prices or juggle product categories to hide the change, but it’s still funny what he’s doing to them.
Or possibly a secret third thing where the retailer (Costco, Winco) doesn’t raise prices but posts what the prices WOULD be if they passed the tariffs onto the consumer. It’d be a double fuck-you to Trump, which would be in character for those specific retailers.
Btw, it’s pretty funny watching the president yell at companies. Like, doesn’t Jeff Bezos realize what a power move it’d be to tell Trump to fuck off into the sun? I hate Amazon but I hate Trump more, so it’d be an instant way to rehabilitate his image for 200+ million americans.
What a colossal idiot.
yeah although as we see with Harvard, the president has levers and he’s not afraid to pull them to fuck with people he doesn’t like 😬
man I wish it was possible to get enough major businesses to coordinate to simply refuse to pay the tariff that enforcing the punishment would cause more problems than not getting the tariff money. I just wanna see what would happen. What is the punishment anyways? a fine?
I also wonder if that level of coordination would trigger anti-trust action, like would that get shot down as a cartel even before they had a chance to make an agreement or take action? (of course I recognize that there are more fundamental logistical issues that would likely prevent them from even getting to that point, though)
trouble is I don’t think you can get your goods out of the port, right?