Redditsux@lemmy.world to News@lemmy.world · 1 year agoBusinesses are raising prices after tariffs — even on unaffected goodswww.axios.comexternal-linkmessage-square19fedilinkarrow-up1204arrow-down10
arrow-up1204arrow-down1external-linkBusinesses are raising prices after tariffs — even on unaffected goodswww.axios.comRedditsux@lemmy.world to News@lemmy.world · 1 year agomessage-square19fedilink
minus-squarePyr@lemmy.calinkfedilinkarrow-up8arrow-down2·1 year agoEverything is connected nowadays. Yes your raisin bran cereal might not have tarriffs directly, but the equipment used to make it, harvest the ingredients, package it, and ship it are all made of steel. If steel goes up in price your raisin bran goes up in price.
minus-squarePhoenixz@lemmy.calinkfedilinkarrow-up14·1 year agoAlso, most companies don’t mind a good excuse to raise all prices, see what grocery stores did with covid
Everything is connected nowadays.
Yes your raisin bran cereal might not have tarriffs directly, but the equipment used to make it, harvest the ingredients, package it, and ship it are all made of steel. If steel goes up in price your raisin bran goes up in price.
Also, most companies don’t mind a good excuse to raise all prices, see what grocery stores did with covid