(The Center Square) – A Costco executive warned consumers that potential price hikes in stores could be a result of President-elect Donald Trump's proposed tariffs.

A Costco executive warned consumers that potential price hikes in stores could be a result of President-elect Donald Trump’s proposed tariffs.

  • pivot_root@lemmy.world
    6·
    3 days ago

    Perhaps, instead of passing the full brunt of the costs onto the customers, maybe the executives and shareholders take home less profit? Maybe take a financial hit to easy the cost of living burden on the commoners?

    The shareholders demand consistent returns, and the executives have a fiduciary duty to ensure that happens. In other words: