Big retailers are pushing tariff costs on to smaller merchants

[applegrove]

https://www.axios.com/retail-tariff-costs-small-business-778c7106-3d56-4f1f-8462-66b160682397.html

Big retailers are pushing tariff costs on to smaller merchants

By Dion Rabouin and Erica Pandey at Axios

"SNIP....

Big retailers like Bed, Bath and Beyond, Target, and TJX Brands are refusing to accept tariff price increases from their brand suppliers, telling the companies they will have to either eat the tariff costs or find another buyer.

Why it matters: This forces the costs of President Trump's trade war with China down to smaller businesses that can hardly afford them, while the big companies keep the impact of tariffs at bay.

The hard line being taken by the bigger players could be enough to shutter smaller retailers. Without tariff relief or the ability to pass on the 10-25% price increase they face, some small businesses say they will likely have to close within a year or so.

....

That's sure to put even more pressure on the smaller retailers, as bigger companies continue to leverage their size and influence to dodge price hikes for as long as possible.

.....SNIP"

[applegrove]

1. The wealthy on the right want the world to be a game of golf: the closer

you are to your goal of being a billionnaire the easier it gets to be one.

[Newest Reality]

2. Well,

if the plan was to ruin this country socially and economically, (there is some of evidence that suggests this) then there is a Tsunami of winning ahead. After all, a dictator has greater potential to seize and hold power when there is growing poverty and chaos in the fundamental structure of a society.

It seems that the impact is gaining momentum, also and spreading like a debilitating Trumpovirus. We need a vaccine and a cure, stat!

Hat's off to Putin for doing such a great job, as far as Oligarchs with billions go. Trump may owe it all to his Red handler.

[Wounded Bear]

3. Well, d'uh...

Anybody with a functioning brain knows that costs like tariffs are always passed down the chain, and the end user ends up paying.

[applegrove]

4. This time the suppliers have to pay. Not the end users. Means smaller

businesses will be more vulnerable to hedge fund takeovers. The economy works that way now. Hasn't been a recession in a while... got to feed hedge funds.....

[applegrove]

6. I am thinking it is both the consumer and the small business who will pay.

[Disaffected]

7. Now that's just silly.

China is paying the tariffs - "billions and billions are flowing into the coffers". Everybody is saying that...