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Popular Brands Threaten To Raise Prices If Trump Pushes Tariffs

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President Donald Trump's import tariffs are meant to help US manufacturers. Business Insider revealed the tariffs could push Coke, GM, Winnebago, Whirlpool to raise prices. The tariffs seeks to make foreign products more expensive. However, some companies say the costs are likely to trickle down to American consumers. Several companies have either already raised their prices or say they plan to as a result of the tariffs. Labor Department estimates the average cost of washing machines went up by 17% in the past three months.

Added on the 15/08/2018 11:27:36 - Copyright : Wochit

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