I feel wrong raising prices when I work so hard to keep them down [or] lower, ... It feels like I should take on the burden as 'the cost of doing business,' but some items, I just simply don't have the margins to do that for. I'm also afraid that for wholesale companies we buy from, they'll raise prices to cover these extra fees, but the prices will never go back down after the tariffs are removed."
These [tariffs] can't stay forever,
If applied, the new tariffs could spell the end of Vietnam coffee in the U.S. as it would create significant price gaps with competing robusta origins - a massive 36-percentage-point difference (~$1,944/ton) compared with Brazil,
Following this 'liberation', many trade flows from the most affected producers will now enter a labyrinth in order to find demand in other countries,
It’s just not an industry that is built to be able to manage through a tariff of that magnitude,
There's no place for it to go, but to the consumer,
You could have anywhere from 35% to potentially even a point-for-point price increase on products depending upon what margin those products run at,
Everyone is really in scramble mode,
As a result, relocating production may not be financially viable,
I think the Vietnam situation will be a little bit easier to negotiate, as far as I think we will see the Vietnamese country and government come to the table quicker than China trying to resolve any trade disputes,
The greatest budgetary impact on are the folks, unfortunately, who can afford it the least,
Americans will likely have to pay more at the supermarket counter within the coming days while higher prices on everything from sneakers to furniture to cars could be felt in a matter of weeks,
It will take a year for all those costs to ripple through, but in 12 months you will absolutely see higher prices across the board,
It was a bit of a refuge for consumers,
We’re on the front line because we’re the importer,
It’s harder to stockpile avocados than cans of soup, ... which is another reason to grab something on the shelf if it’s offered at a good price.”
Consumers won’t know if things are priced correctly or they are getting ripped off,
We’re not going to panic and just raise our prices right away,
I think there are going to be a number of products that just aren’t worth making anymore, because it’s not profitable,
The margins are not large in retail. They’re pretty thin to begin with,