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Um. Wut? Says data doesn’t support tariffs raise prices.
Um. Exhibit A. google.com/amp/s/www.bloo…
But Walmart has warned that higher prices on some items, such as bicycles, are inevitable. “Increased tariffs lead to increased prices,” Chief Financial Officer Brett Biggs said in a May 16 interview. 
Exhibit B google.com/amp/amp.timein…
“At the end of the day, prices will go up on things,” Costco cfo Richard Galanti told investors, during an earnings call last week.
Costco shoppers can expect to spend more on an array of items including bikes, vacuums, furniture, & luggage—right in time for summer vacation.
Costco shoppers can expect to spend more on an array of items including bikes, vacuums, furniture, & luggage—right in time for summer vacation.
Exhibit C google.com/amp/s/www.thev…
Best Buy CEO Hubert Joly has warned that consumers are likely to be hit by price increases as a result of the Trump admin proposed round tariffs. “The impact of tariffs at 25% will result in price increases and will be felt by US consumers,” the CEO said on today’s earnings call.
The CEO’s comments echo the predictions made by financial analysts, who argue that the Trump administration’s tariffs are likely to fall either on US businesses or US households, rather than hitting Chinese exporters.
