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Costco CFO Gary Millerchip said during the retailer’s Thursday earnings call, "Tariffs raise costs—that's not something that we see as a positive in general." President-elect Donald Trump’s ...
A top Costco executive sounded the alarm on the potential consequences of President-elect Donald Trump’s proposed tariffs — warning that it will raise prices of goods across the board. “When ...
The tariff on Canadian energy products is only 10%, not the 25% tariff announced on other Canadian exports. ... Gas prices are typically near a low for the year in February due to weak demand. If ...
That seasonal price impact could add another 30 cents per gallon, putting the total increase in gasoline prices at $1 per gallon if the tariffs remain in place at the onset of spring, Fitzgerald said.
Trump’s tariffs from his first term increased consumer prices in the furniture and kitchen cabinet sector by 7.1 percent, the corner of the economy that saw the biggest surge in prices ...
Gas, food and alcohol prices would also rise if Trump imposed Canadian and Mexican tariffs. Sneaker prices would rise if Trump raised tariffs on China: About 99% of shoes sold in the United States ...
“If Trump does move ahead with tariffs, it would essentially boost the price of oil that these refineries are paying by 25%, which in this case today, would amount to about $15 a barrel,” he said.
Costco is a popular membership warehouse club with more than 800 locations worldwide. Millerchip said that Trump's plans to raise tariffs are far from certain. "There's a lot of uncertainty