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Businesses that raised prices to cover tariffs also saw reduced demand — axiomatically, that is what happens when you raise prices - and almost certainly made l
by eduction 5mo ago
Businesses that raised prices to cover tariffs also saw reduced demand — axiomatically, that is what happens when you raise prices - and almost certainly made less total profit (since the rise went toward higher cost not margin expansion). I know we’re all supposed to be at each other’s throats these days but the tariffs were a shared burden.