Home Forums Politics Powell says tariffs are not being passed through to consumers Reply To: Powell says tariffs are not being passed through to consumers

#2325
Java
Keymaster

he’s absolutely wrong. He should run a business and then open his mouth

we have a water cooler called the horizons. It’s a great reverse osmosis unit. It used to be made in the US for $400 and now it’s being made in China for about $278. We have purchased it for years. We had about $75 of filtration to it and rent it for $40 a month

our supplier is getting rid of the horizons because they say in order to sell it they would need to sell it for $100 more than they do we said go for it. We would still buy it but they still shut it down

we are dealing with our bottles being more expensive because they are imported from Canada our Coolers from China or Korea.

our vehicles are made many places but freightliner assemble their stuff in Mexico

so even though we are a business that is domestic and local and labor and delivery oriented. We are still heavily impacted by these tariffs. The idea that they are not having an impact is ridiculous. Just remember. Businesses do not pay taxes. And businesses do not absorb costs.They’re part of the cost of doing business and ultimately the consumer pays for everything