Who is absorbing tariffs?

Anonymous
Who is absorbing tariffs? It seems that prices are remaining steady despite the tariffs
Anonymous
Anonymous wrote:Who is absorbing tariffs? It seems that prices are remaining steady despite the tariffs


Prices for what? The WSJ published actual Walmart prices for products pre tariff and now and many items were increased by 30%+. These aren’t consumables so you would only know if you tried to purchase say a shovel 6 months ago vs now.

The answer is that some of the exporters are eating it, some of the businesses are eating it and then there are price increases being passed along which is why inflation has ticked up.
Anonymous
we are not big spenders, but we haven't seen any significant changes yet. So, no-nothing-burger at this point.
Anonymous
Everyone is absorbing a little so the impact is blunted. The exporters, importers, retailers and customers are taking a small hit.
Anonymous
Anonymous wrote:we are not big spenders, but we haven't seen any significant changes yet. So, no-nothing-burger at this point.


+100 all panic and then nothing just as I expected.
Anonymous
There has been so much announcing and pausing of tariffs that we haven’t see the real impact yet.

The market has settled as if tariffs are going to be low, but we will see eventually.
Anonymous
With China, Japan, and EU deals announced, who is still out there? Korea will sign too. Any big player missing?
Anonymous
I've noticed that some items cost more these days. Clothes, sundries.
Anonymous
I've seen price changes at the grocery store, especially in the last month. I've had to reduce the amount and type of food we are buying to stay in budget.
Anonymous
you!
Anonymous
Policy changes take awhile to show in economic figures. Today's indicators reflect events from several months ago.

My guess is around October/November we will start seeing changes. What worries most are tariffs on steel imports, especially if they cause domestic suppliers to raise prices because of less imports and more market power as a result

Let's see.
Anonymous
Customer, but sales of EU products has gone down.
Anonymous
A lot of companies front loaded purchases before the tariffs took effect so you are not seeing the full impact yet. Also, for now, many companies are absorbing the costs which is why it hasnt shown up in the inflation data yet. Goldman Sachs estimates that consumers will pay 70% of the tariffs and I agree with the other poster that it will probably show up in the inflation data in October or November.
Anonymous
I've noticed it with groceries. Even if I'm picking up what I think is just a few items I can't get out of there without spending $100.

I think we all are absorbing it by paying higher prices
Anonymous
Anonymous wrote:
Anonymous wrote:Who is absorbing tariffs? It seems that prices are remaining steady despite the tariffs


Prices for what? The WSJ published actual Walmart prices for products pre tariff and now and many items were increased by 30%+. These aren’t consumables so you would only know if you tried to purchase say a shovel 6 months ago vs now.

The answer is that some of the exporters are eating it, some of the businesses are eating it and then there are price increases being passed along which is why inflation has ticked up.


+1. OP you need to get a 7th grade knowledge of economics. Hopefully you’re not a Trump admin official asking for help with your job.
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