@lkraus01@anders_aslund Do you understand what a trade deficit is? It means you’re a rich country that can afford to buy good throughout the world. It is not a bad thing. You buy more goods than what you sell. So?
@mlonnroth @OFFamilyOffice @SpencerHakimian Absorbing the cost. So who’s paying the tariff? It’s coming out of Levi’s pocket not the country of origin. Eventually profit margins will go down and shareholders won’t be happy and layoffs happen.