Prices where raised because of Trump’s Turriff’s that where ruled IlLegal…..
After suing?
Companies ARE in line to receive around $150 Billion in refunds….
Anyone think the consumer who paid most of the tariff as a import tax are gonna get any of those refunds?
Higher Inflation and a War that is raising gas prices are ALSO inviting companies to arise consumer prices even HIGHER…..
This IS on Donald Trump’s Watch…..
From the start of the 2020s, American businesses have been formidable in maintaining and growing their profits. Despite a gantlet of challenges — a pandemic, tariffs, high inflation and wars in key commodity hubs — profits have leaped ahead.
Corporate profits have reached a record share of the U.S. economy, data show. And a measure of margins that tracks the difference between input costs for businesses and the final selling price of goods and services to customers is also near a record high.
“It’s completely shocking,” said Josh Brown, the chief executive of Ritholtz Wealth Management. “Companies have become really, really good at managing risk. They are practically ninjas at this point.”
As the U.S.-Israeli war with Iran continues, causing energy prices to surge, the question is whether corporate America can pull it off again — dodging another economic shock by raising prices, finding efficiencies and new supply lines, or cutting back on hiring….
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The S&P 500 index inched toward a record high at the start of trading on Wednesday.
Some economists are worried that this newest geopolitical hurdle may be the one that finally trips up U.S. businesses. They are lifting their recession probabilities, fearing that higher operating costs and falling revenues may freeze hiring and investment. Other analysts remain more bullish, expecting economic growth, and profit margins, to hold steady.
Sonu Varghese, the global macro strategist at the Carson Group, a financial firm, said many of the companies he tracked viewed inflation pressures from “outside shocks,” such as this war, “as an opportunity to raise prices and boosts margins,” which can, in turn, raise profits….
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