I'd love to see some American companies just say screw it, we're not importing anything that's affected by the tariffs for the time being because of government uncertainty. If the Trump is going to keep escalating tariffs because of retaliatory tariffs, how are they supposed manage prices if their costs keep escalating? Wal-Mart should stop importing just anything they sell, car manufacturers cancel purchase orders for parts, Apple stops production of their devices in China.
Every single American business lobby group, especially ones that supported Trump, are releasing statements against the tariff decision today.
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