💨 Abstract

In a press conference, Home Depot's Billy Bastek assured that the company won't raise prices due to tariffs by diversifying supplier sources. He stated no single foreign country will account for over 10% of purchases in the next year. Various other businesses are warning of price hikes due to U.S. trade wars. While the Trump administration claims foreign producers will bear the costs, economists disagree, expecting higher inflation.

Courtesy: www.telemundowashingtondc.com