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North American companies brace for fallout from Trump tariffs (www.reuters.com)

submitted 2 weeks ago by [email protected] to c/economics

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Summary

North American companies are facing uncertainty due to Trump’s recent announcement of tariffs on goods from Canada, Mexico, and China.

While some companies, like automakers, may be able to shift production to mitigate costs, smaller companies without global operations are more vulnerable.

Industry associations and experts warn that these tariffs could lead to higher prices for consumers and disrupt supply chains.

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[–] ChicoSuave 6 points 2 weeks ago

Remember when Republicans at least tried to look competent at economic issues? What I wouldn't give for a William F Buckley figure to punch holes in the costumed fascism that is happening now with incisive conservative ideals. The Republicans need someone on the inside to point out how bad for business, people, and the economy as a whole Trump is.