(The Center Square) – A Costco executive warned consumers that potential price hikes in stores could be a result of President-elect Donald Trump's proposed tariffs.

A Costco executive warned consumers that potential price hikes in stores could be a result of President-elect Donald Trump’s proposed tariffs.

  • Hathaway@lemmy.zipEnglish
    0·
    4 days ago

    I see your perspective for sure, and maybe I’m being way too optimistic/naive,(especially cause I’m going to reference capitalism and it’s the reason we’re having the conversation to begin with) but, isn’t the idea of “free markets” that if that were to happen, it opens the door for a competitor to undercut and take the market share?

    Which the counter to that is, they’re in cahoots, but my counter to that would be, the little guy doesn’t care if the big guys set prices. Idk. It’s circular and the world is fucked as is.