Global retailers' tariff strategy risks spreading pain beyond U.S. consumer
The Japan TimesWednesday, May 21, 2025 at 2:17:00 AM
** Big retailers are trying to dodge steep U.S. tariffs by hiking prices in other countries instead—but that could backfire by pushing inflation higher in those markets. Essentially, they’re shifting the financial pain around, but it might just create new problems elsewhere.
What This Means: ** This isn’t just about U.S. shoppers feeling the pinch anymore. If companies keep playing this shell game with prices, it could ripple through economies worldwide, making everyday goods more expensive for millions. It’s a reminder that in a connected global market, there’s no easy way to sidestep the fallout from trade wars.
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