[FoxNews] Poll shows 52% of voters agree with President Trump that corporations should bear the burden of tariff-related costs.
| Absorbing increased costs is not how companies stay in business, especially where the margins are only a few percent to begin with. |
In recent weeks, headlines have been filled with warnings from major retailers about impending price hikes due to tariffs reinstated by President Donald Trump. Big Box stores like Walmart and Target have been quick to suggest that tariffs on imported goods, particularly from China, have left them with no choice but to raise prices for American families.
Let’s be clear, these decisions are more about raising profit margins and going against Trump’s agenda to bring costs down for Americans than responding to any actual economic pressure.
Tariffs are a strategic tool. The Trump administration has always been clear about that. Tariffs are designed to level the playing field, incentivize domestic production, counter predatory trade practices – especially from the Chinese Communist Party – and put America First. Tariffs protect long-term American interests, especially in vital industries like technology and manufacturing. |