Duh.
Duh.
www.latimes.com/california/s...
www.latimes.com/california/s...
First, the obvious: Higher costs → either lower profits or higher prices.
Second, more subtle (perhaps bigger): We’ve signaled we’re an unreliable partner, so allies are reorganizing supply chains to avoid us. That's hard to unwind.
First, the obvious: Higher costs → either lower profits or higher prices.
Second, more subtle (perhaps bigger): We’ve signaled we’re an unreliable partner, so allies are reorganizing supply chains to avoid us. That's hard to unwind.