• tal@lemmy.today
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    10 days ago

    Competition, same thing that normally limits prices. You don’t need to “blame” tariffs to raise prices — you can just raise them. If you’re the only vendor of coffee in the US, you can increase prices without losing sales. But I’d expect that anyone who selling coffee or another item that can be stored and is going to have a significant increase in tariffs will try to get stock in before that. Raise prices and you lose sales to other parties.