Companies are filling their warehouses or looking into moving factories as they weigh President-elect Donald J. Trump’s threats to impose tariffs on foreign goods.
I want to know the companies that are moving factories cause they is not easy and not cheap either. Even with a 100% tariff it would still be cheaper for my business to stay where we are. Raising prices has got to be the solution for at least 90% of them.
The one that has confirmed they’re moving is Steve Madden and they’ve been apparently planning for over a year in anticipation of tariffs, moving to Mexico, Brazil, and Vietnam.
I want to know the companies that are moving factories cause they is not easy and not cheap either. Even with a 100% tariff it would still be cheaper for my business to stay where we are. Raising prices has got to be the solution for at least 90% of them.
The one that has confirmed they’re moving is Steve Madden and they’ve been apparently planning for over a year in anticipation of tariffs, moving to Mexico, Brazil, and Vietnam.