CEOs are warning Trump tariffs will hit consumers — ‘Higher prices are not helpful’

Quick Summary:

And the furniture CEOs are  far from the only executives warning of an icy winter after Trump’s inauguration.

Adding that the company has diversified some of where it sources goods, he acknowledged,  “there certainly will be an impact.

Rather, Fortune 500 CEOs are bracing for a period of high costs which, of course, will be hoisted onto the shoulders of already-beleaguered consumers.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Chloe Berger

Category: EconomyBusiness

Markets: United StatesCanadaChinaMexico

Topics: Tariffs Donald Trump Inflation Fortune 500

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-27 @ 19:54:30 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 570 words

Reading Time: 4 minutes read

Sentences: 18 lines

Sentence Length: 32 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 23909311

View Article Analysis

About Fortune

Main Topics: EconomyBusiness

Official Website: fortune.com

Update Frequency: 46 posts per day

Year Established: 1929

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #95

Publisher Details

Frequently Asked Questions