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John Donigian, the senior director of #SupplyChain strategy at Moody’s, said the #tariffs could lead to higher #costs, potential #delays & pressure for #businesses to shift production closer to North America or into the #UnitedStates.

All industries would face unique challenges, he said. For #electronics, moving #production could be #slow & #costly. For #retail & #consumer #goods that try to keep costs low, inventories could fall & consumer #prices rise.

[so less stuff that’s more expensive]


#US businesses are stock piling & predicting increases to #consumer #prices in preparation for #Trump’s #tariffs.

Trump’s election is already cascading through global #SupplyChains, where companies are grappling w/his vision for international #trade & huge tariffs on foreign products. Trump has floated a 10-20% #tax on most foreign products, & a 60% #tariff on goods from China—that would raise the surcharge American importers pay to a level not seen in generations.

https://www.nytimes.com/2024/11/08/us/politics/trump-tariffs-china.html?smid=nytcore-ios-share&referringSource=articleShare


No Matter What the Bank Says, It's YOUR Money, YOUR Data, and YOUR Choice https://www.eff.org/deeplinks/2024/10/no-matter-what-bank-says-its-your-money-your-data-and-your-choice #consumer


EFF Launches Digital Rights Bytes to Answer Tech Questions that Bug Us All https://www.eff.org/press/releases/eff-launches-digital-rights-bytes-answer-tech-questions-bug-us-all #privacy #consumer #consumo