42% of Americans support tariffs despite rising prices, exec says

42% of Americans support tariffs despite rising prices, exec says

Sean Cassidy, CEO at DKC, appeared on NYSE TV to break down the challenges businesses face in explaining tariff-related price increases to consumers

The technology sector is one of the activities that could either be hit directly or indirectly by the new conditions imposed by the U.S. to establish an upward tariff table, depending on the country. With those that the U.S. has trade agreements such as Chile or Mexico, the rise will be 10%, [...] The post Huawei promises not to raise the prices of its next phones despite a new scenario of tariff rise first appeared on TransMedia.

Fathi Al-Sayeh wrote that Ahmed Zaki, Chairman of the Export Committee of the Council of Arab Economic Unity at the League of Arab States, stressed that the decision of US President Donald Trump regarding the package of tariffs and new tariffs on foreign imports into his country will cost Americans themselves an increase in the prices of imported products until they rely on American factories... Source