Quote:
Originally Posted by SportsJunky
The company that I work for is a large U.S. corporation. We have dozens of plants globally and a handful of the biggest are in Canada and the U.S. Recently, my days are consumed with meetings about taxes, tariffs, importers of record, etc... These are not simple black and white scenarios. Tons of gray. Do we implement these changes knowing that they could be scaled up or down or outright cancelled based on the whims of either government? Do we put into place a tariff based surcharge or send out material price increases? Do we lead out or wait and react to what our competitors do? Just a ####ing nightmare.
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This is the problem. Businesses aren't going to like making billion dollar decisions when the guy can change his mind tomorrow and make the whole exercise pointless. At this point - I suspect a lot of companies are just going to raise prices to cover tariffs and see what happens (along with making spending promises to the US that may or may not ever happen)