Who would have thought that increasing the price of goods will lead to higher prices?
I'm not necessarily against tariffs, but I think it's idiotic to think that raising the price is going to somehow lower grocery prices.
Best Buy and Target CEOs say prices are about to go up because of tariffs
91–100 of 259 posts
Re: Best Buy and Target CEOs say prices are about to go up because of tariffs
#92Sure miss the days where there wasn’t headline generating chaos from the White House resulting in market volatility. Make Government Boring Again.
This could be an interesting topic, but inevitably these posts devolve into politics and it’s always about the same thing. Yet this is the type of comment at the top. Why bother leaving a comment like this?
[flagged]
Re: Best Buy and Target CEOs say prices are about to go up because of tariffs
#93Any bets on how this will be justified by Trump voters? I'm thinking at first it'll be 'playing hardball negotiating tactic' and when it looks like the tariffs are here to stay 'paying more is patriotic'.
I haven’t paid attention to the politics here much, but isn’t driving up the price the point? If you charge Canada a 25% tariff then products sold in the U.S. and shipped from Canada should cost U.S. consumers about 25% more. That, in turn, makes U.S. products look more attractive. A U.S. business pays taxes at the federal and state levels. A U.S. business also hires U.S. employees, who pay taxes as well and spend in…
50% of fruit sold in US, and 60% of vegetables come from Mexico. How is US going to replace that in winter?
Re: Best Buy and Target CEOs say prices are about to go up because of tariffs
#94Sure miss the days where there wasn’t headline generating chaos from the White House resulting in market volatility. Make Government Boring Again.
[flagged]
TSMC announced investments in the US in 2020 and 2022.
It later came out that the DOGE numbers are innacurate. Even if they were accurate, the US budget is 7 Trillion. The tax cuts that Trump is proposing is much more than all of the cuts.
Re: Best Buy and Target CEOs say prices are about to go up because of tariffs
#95Earlier quoted context omitted.
Most of the post 2016 China exit investment was to other cheaper southeast Asia countries. My phone was made in Vietnam.
Your phone was made in the US. They’re all black rectangles. The reason you picked the phone you use is because of the software, written here. All the LTV is tied up in software and services. Almost all made by Americans. To me, the status quo is very good - there can be unlimited valuable software written but people only need one phone. A policy of pro manufacturing doesn’t necessarily make sense in each specific.
The value of software without the hardware to run it on is 0. It's like starting an AI company with no GPUs.
Re: Best Buy and Target CEOs say prices are about to go up because of tariffs
#96Honest question - can you not get these products from other stores or do all of them source products from Mexico and China? If so, it does seem like DOGE and other price saving initiatives will be closer to a net 0.
The entire supply chain is global.
Re: Best Buy and Target CEOs say prices are about to go up because of tariffs
#97I guess it's time to print out those "I did this!" stickers of Trump and put them next to the price tags.
There's always John Walker's OG
The One, The Original, The Prophetic (July 1990), The Authentic “Evil Empires: One down, one to go…” bumper sticker, anticipating the obsolescence of railroad era continental-scale empires in the information age.
Too soon?
Re: Best Buy and Target CEOs say prices are about to go up because of tariffs
#98I don't know if tariffs are the right answer but I want so much less Chinese junk in this country. We are absolutely overflowing with low quality junk.
You mean like every piece of electronics that is manufactured in China?
Re: Best Buy and Target CEOs say prices are about to go up because of tariffs
#99Any bets on how this will be justified by Trump voters? I'm thinking at first it'll be 'playing hardball negotiating tactic' and when it looks like the tariffs are here to stay 'paying more is patriotic'.
well, going to r/conservative, top answer in a tarriff thread: >To influence companies to produce their goods domestically instead of internationally. What is so hard to understand about this? So they are stuck in Just World Land. another top comment linked this: https://www.whitehouse.gov/fact-sheets/2025/02/fact-sheet-pr... So they more or less buy into "The extraordinary threat posed by illegal aliens and drugs, i…
r/conservative is a bad litmus test. Between AI-driven bots (read comment histories!), flair-only posts, and chronically online users it's a terrible reflection of the average American who identifies as conservative.
We need to stop reaching for the easiest data source just because we're desperate for a data source. There's a reason great research is hard - mostly because it requires stupendous effort (and funding!) to get reliable results.
Re: Best Buy and Target CEOs say prices are about to go up because of tariffs
#100Earlier quoted context omitted.
The general path of the country is fairly clear at this point - business that manufacture closer to consumers will have fewer issues with the government. Even Biden kept a bunch of Trump1 anti-China policies in place. If I was directing investment at a large business, onshoring manufacturing would be a no brainer in many businesses. Mexico might be the happy medium, but I’d really push for US manufacturing facilities…
Most of the post 2016 China exit investment was to other cheaper southeast Asia countries. My phone was made in Vietnam.
Yup. My wife's company moved production lines from China to Thailand.