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Daymond John: Rising costs from tariffs will ultimately hit consumers
CNBC Television· 2025-07-10 18:00
That's exactly what's happening. People are frontloading right now. However, they're looking for other ways to source goods in closer countries and territories, especially in America.But the challenge with that is a lot of the domestic manufacturers themselves are raising their price. And now you're going to be caught on the side of, you know, if you are uh importing it or you're going to be caught domestically. So, no matter what, it's a hit.And who's going to pay for the hit. going to be the consumer beca ...
Fed Chair Powell says it'll take time for tariffs to work their way down to the consumer.
Yahoo Finance· 2025-06-18 21:09
It takes some time for tariffs to work their way through the chain of distribution to the end consumer. A good example of that would be uh goods being sold at retailers today may have been imported several months ago before tariffs were imposed. So we're beginning to see some effects and we do expect to see more of them over coming months.We do also see price increases in some of the relevant categories like personal computers and audiovisisual equipment and things like that that are attributable to tariff ...