2 ms·
> Threatening to starve out a company if it doesn't implement these tariff increases in a more reasonable way than the entirety of capitalism history would be t
by rsynnott 2y ago
> Threatening to starve out a company if it doesn't implement these tariff increases in a more reasonable way than the entirety of capitalism history would be the only way to turn around the avalanche it has been
I mean, depends on the industry, but for instance take Target. Its profit margin is 3-4%, and that was in 2024, which was, really, pretty good times, all things considered. It doesn't have much room to absorb source price increases. Few industries dependent on imports do.