“Price optimization” consultants are helping clients capitalize on Trump’s chaotic tariff rollout by using surveillance pricing tools, while Republican FTC chair Andrew Ferguson is reversing efforts to keep them in check.
“Price optimization” consultants are helping clients capitalize on Trump’s chaotic tariff rollout by using surveillance pricing tools, while Republican FTC chair Andrew Ferguson is reversing efforts to keep them in check.
How exactly will somebody in, for example, the EU, pay more if the US are putting high tariffs on imported Aluminium?
Absolutelly, behind the tariff wall (i.e. inside the US), imported Aluminium will be more expensive (since there the imported stuff costs original price + tariff and the local stuff will tend to rise towards than value), but outside, people are still paying for it tariff free (so the original price with no extras). In fact, it’s quite possible prices outside the US will go down for some things were, seeing reduced demand from the US for their product due to US Tariffs, Producers lower prices to try and attract more customers outside the US.
The only things that would go up for that example EU customer from US Tariffs would be US-made products and services hit by EU counter-Tariffs and those represent a small fraction of what people in the EU buy, whilst, because of the “against everybody” way Trump raised Tariffs, US consumers will see price rises on everything imported, not just stuff from a single country.
The main impact of US Tariffs outside the US is not making purchasers pay more for stuff (since those outside do not pay that tariff), it’s making companies in areas where there was a lot of exporting to the US sell less because there is less demand from the US (which either hits them directly if they were exporting to the US or indirectly if their competitiors were and are now forced to try and sell more in other markets hence competing harder with them).