Tariffs Spark Price Hikes: Companies Pass Costs to Consumers
Update: 2025-11-25
Description
Tariffs and Price Hikes: A Looming Threat to Consumers - The Supreme Court is questioning the legality of President Trumps tariffs, but companies like Adidas, Abercrombie & Fitch, AutoZone, Best Buy, and luxury brands are already planning or warning of price increases due to these tariffs. The consensus among business leaders is that the cost increases are too significant to absorb, making price hikes for American consumers highly probable.
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