Analysis Shows Big Corporations Are Using Trump Trade Chaos as 'Cover' to Jack Up Prices - Alaska Native News
UNITED STATES, JUL 30 – Major companies like Procter & Gamble plan mid-single-digit price hikes on consumer goods to offset tariff costs impacting 74% of U.S. food imports, analysts said.
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Analysis Shows Big Corporations Are Using Trump Trade Chaos as 'Cover' to Jack Up Prices - Alaska Native News
The effects of U.S. President Donald Trump’s tariffs are winding their way through the American economy, and a new piece of analysis claims that corporate America is using them as “cover” to further jack up prices. Progressive advocacy group Groundwork Collaborative issued a new report on Tuesday that uses corporate executives’ own words to show how many firms […]
'Great cover for increased pricing': CEOs say Trump policies help them gouge customers
American corporate executives are openly acknowledging that they’re exploiting President Donald Trump’s controversial tariffs as “great cover” to justify their price hikes.The New Republic highlighted a Groundwork Collaborative report published Tuesday which revealed that, in their own words, top executives are exploiting Trump’s erratic tariff strategies to jack up the price tags on consumer goods. After reviewing earnings call transcripts from…
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