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Tariffs threaten bargain land
The retailer warned that tariffs promised by the President-elect Donald Trump (up to 100% on all Chinese goods and up to 20% for all other countries) might make its products less affordable, as the company would have to pass on some extra costs to customers.

S: Morning Brew

TARIFFS WILL BE USED BY CAPITALIST TO GOUGE CUSTOMERS...It's their business model.

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@Madken65 It drove me to upgrade my phone. Would have held out another year otherwise.

Keep in mind, tariffs won't be able to execute immediately. It would take months.

But I was nervous prices may increase in anticipation of tariffs. Companies will want prices in place before costs increase.

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