On the anticipation of the next President of the United States imposing tariffs:
“Some companies are already telegraphing plans to raise prices.
‘If we get tariffs, we will pass those tariff costs back to the consumer,’ Philip Daniele, the chief executive of the vehicle parts supplier AutoZone, told analysts on a recent call — adding that the company would raise prices ‘ahead of’ the imposition of tariffs, rather than wait.” - NYT
Price gouging eh AutoZone? 👊
#Capitalism