Summary

North American companies are facing uncertainty due to Trump’s recent announcement of tariffs on goods from Canada, Mexico, and China.

While some companies, like automakers, may be able to shift production to mitigate costs, smaller companies without global operations are more vulnerable.

Industry associations and experts warn that these tariffs could lead to higher prices for consumers and disrupt supply chains.

  • empireOfLove2@lemmy.dbzer0.com
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    6 hours ago

    Monday market open is going to be a bloodbath. I won’t even dare to open my 401k account summary for the next 4 years…

  • DominusOfMegadeus@sh.itjust.works
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    11 hours ago

    EDIT: From the Article:

    Big-box stores like Walmart (WMT.N) and Target (TGT.N), which have been fighting to keep prices low because of inflation, might not be able to withstand higher supply chain costs.

    A) Neither of these are big box stores.

    B) No they haven’t, you twat.

        • Kit
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          11 hours ago

          I think you’re confused on the meaning of Big Box Store. “A big-box store is a large retail store that sells a variety of products. They are often part of a chain and are known for their large size and extensive selection.”

          Walmart and Target are absolutely big box stores.

        • PlantJam@lemmy.world
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          12 hours ago

          It sounds like you’ve misinterpreted the term “big box store”. The stores you’re referring to could likely also be considered big box stores, but more specifically they are warehouse stores.