Former President Donald Trump has indicated he will personally engage with CEOs of major retail companies if they plan to increase prices as a result of tariffs. This approach follows a recent phone call with Amazon founder and executive chairman Jeff Bezos. Trump suggested he would use a similar tactic with other business leaders to understand their concerns and explore potential solutions.
"I spoke with Jeff Bezos the other day, and I'd do the same with any CEO," Trump stated. "If they're going to raise prices because of tariffs, I want to know why. I want to hear their perspective and see if we can find a way to avoid impacting consumers."
The former president emphasized the importance of open communication between the government and businesses, particularly regarding trade policies. He believes direct dialogue can help identify strategies to minimize the negative effects of tariffs on the cost of goods for American families. Trump's stance reflects a desire to address concerns about inflation and maintain affordable prices for consumers.
Trump to CEOs: Discuss Tariffs Before Raising Prices
Former President Donald Trump stated he would speak directly with CEOs of major retailers considering price increases due to tariffs. He referenced a recent conversation with Amazon's Jeff Bezos as a model. Trump aims to understand the specific impact of tariffs on consumer goods. He believes open communication can help mitigate potential price hikes for American consumers.
Source: Read the original article at NBC