Trump Accidentally Wrecks His Own Tariff Spin in Leaked Call - Greg Sargent

[paleotn]

7. You can't raise prices!! Yeah, right, Donny...

In an extremely complex pricing environment of producers, models, option packages and dealers, dealer incentives and good old kick backs, who's to say who raised prices on what? And how would that even be enforced? No government contracts? Good luck with that in court. Company leadership have a fiduciary responsibility to maintain profitability for their shareholders and if that means raising prices, they'll raise prices. And there's some real selling traction in being on this regime's bad side. Just look at Costco. People will buy your shit simply because they think you're giving Donny the middle finger.

End of the day, higher input costs from tariffs = higher consumer prices = lower demand (only so many sales dollars out there) = reduced production = job losses = lower demand.........and on down the spiral we go. And all because an orange dipshit still has a 3rd grade understanding of economics.