" If we get tariffs , we will pass those duty costs back to the consumer . "
Earlier this week, White House Press Secretary Karoline Leavittslammeda reported plan by Amazon to begin displaying the costs of Trump’s tariffs on imported goods, calling it “a hostile and political act by Amazon.” An Amazon spokesperson later told Reuters that the company had considered this plan, but it “was never approved and [is] not going to happen.”
China-based brands like Temu and Shein alsorespondedto the tariffs this week by raising prices, and the effects of the tariffs are expected to be felt more broadly in the coming weeks. So what can we expect? Here are 7 more companies that have said that the tariffs will likely force them to raise prices:
1.Best Buy
2.Autozone
3.Procter & Gamble
4.Adidas
5.Nintendo
6.Rolex
7.Target
