Of course it will cost you in terms of loss of demand. But there’s no guarantee that your factories will be able to reduce prices though.
Everyone is worried about it. The global supply chain is a well oiled machine after the last 40 years. Problem is, Trump’s enablers and the media are too scared of retribution to tell people just how bad this will be.
It’s a solution looking for a problem.
You should have seen my frustration during Trump I explaining to my die hard Trumper why he kept getting customs bills from DHL, FedEx and UPS for his equipment and supply orders. I was literally exacerbated trying to tell him he was paying the tariffs that Trump enacted. It’s like he was incapable of understanding plain English because it conflicted with his Fox induced worldview.
We will indirectly pay in reduction of demand, which will reduce the price or production. Maybe not 25%, but probably not 0%?
If we didn't pay for it, I wouldn't see our prime minister be worried about our industry and scared of trump.