Costco makes controversial move to avoid high tariff costs

[TCC]

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www.thestreet.com

Like many retailers across the nation, Costco (COST) is in a tough situation as it prepares to face the impact of tariffs, which pose a threat to future sales.

Tariffs are taxes companies pay to import goods from overseas, and the extra cost is often passed down to consumers through price increases.

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It's been noticed that as tariffs come into effect, what we see at Costco instead, is prices dropping...lol

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[mattfivefour]

Illinois gas prices have risen and egg prices are not dropping. Just saying.

 

[Tall Timbers]

Illinois gas prices have risen and egg prices are not dropping. Just saying.

Same in Cheyenne. Gas is up and eggs are still at their peak high price. Hopefully that'll change soon.

 

[Tall Timbers]

If tariffs lead to more manufacturing in the USA and/or actual free trade between some countries, then it is a win. Consumers will adjust their spending and retailers will have to adjust their retailing. That will lead to changes. Those changes won't happen overnight, but they'll happen.