Reported 11 days ago
An expert predicts that Black Friday prices could rise by 25% next year due to the implementation of significant tariffs on imports from China, Canada, and Mexico following President-elect Donald Trump's promises. Kerim Kfuri, CEO of Atlas Network, highlights the challenges these tariffs pose, particularly for small and mid-size businesses, which may either absorb the increased costs or transfer them to consumers. Industries such as electronics and automotive are particularly at risk of price increases during this crucial shopping season.
Source: YAHOO