• ashok36@lemmy.world
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    4 months ago

    This is just an anecdote but word came down from the c suite today to start getting all our ducks in a row and make plans for huge tariff increases next year.

    I work in a fairly liberal leaning industry too. The bosses see the writing on the wall for Biden. The last time this happened we upped our prices on everything regardless of country of origin. Market segmentation and pricing strategy is a thing and this will affect prices for all goods.

    • oatscoop@midwest.social
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      4 months ago

      “Hey, there’s a realistic possibility we’re going to have to deal with Trump winning and increased tariffs. We obviously don’t know if it will happen or not, but let’s make sure we’re prepared.”

      Yeah, Trump could win the election … so could Biden. Preparing for different possibilities is called “being competent”.