Anyone surprised by this is an abject fucking idiot. And fuck you, legacy media, for the breathless, shocked tone you’re presenting this with. This is like being surprised that you’re bleeding after you stab yourself in the fucking leg.
They’re not “trying” to do this, they’re doing this because the tariffs increase the prices they have to pay to get their goods, so naturally they need to increase the price they sell said goods to consumers so that they can turn a profit and continue to exist as a business. This is not, was not, and never will be that hard to understand.
The sad thing is that even after tariffs are removed, the prices probably won’t be reduced much.
Additionally while retail prices will remain high, stock prices responding to tariff toilet tweets will continue to reflect the same pump and dump scheme Trump bragged about in the White House with Charles Schwab.
They’ve been doing this since early March. My electrical supply costs just keep climbing.
Duh. What else was going to happen?
Well, we all expected they’d just sell everything at a loss, or get Mexico to pay, or something.
Of course they are. Capitalists gonna capitalize.
Just ordered a new video card to replace my 6-year old one simply because I fear prices are going to go up with 20-35% across the board for all PC parts worldwide. Without this threat looming I would definitely have held off for another year or so.