this post was submitted on 07 Nov 2024
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Some companies have already said they're going to pass the extra cost onto consumers, so while the companies will pay more, they'll make a lot of that back from the consumers that can still afford the products.
Electronics will probably be the hardest hit, with prices of cell phones, laptops, and game consoles increasing quite a bit.
Low inflation statistics have been helped significantly by cheaper electronics. So everybody who voted Trump to lower inflation is in for a surprise.