You will pay for Donald Trump's tariffs if he's reelected. Here's proof [CNN]
Columbia Sportswear Company (COLM)
Last columbia sportswear company earnings: 4/30 04:05 pm
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Source: CNN
get it. “Tariff” is just one of those words that makes your eyelids feel as heavy as they did in your 9 a.m. undergraduate econ class. But if you don't want to heed the many, many economists' warnings about former President Trump's fringe economic plans, take it from the people running the companies that make the stuff you buy: Prices will go up. How much and how fast is hard to know, but you can bet your bottom dollar you'll be needing more dollars to pay for everyday goods if Trump's sweeping tariffs are put in place. “If we get tariffs, we will pass those tariff costs back to the consumer,” said Philip Daniele, CEO of AutoZone, on an earnings call in September. AutoZone also won't need to wait until the policies are enacted, Daniele noted. Once they know what the markup will be, “we generally raise prices ahead of that.” A quick primer on tariffs: They're a tax on imported goods — clothes, shoes, toys, car parts, appliances, you name it. But the extra money does not come fr
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COLM
News
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- How Much Will Trump's Tariffs Cost? (opinion) [Yahoo! Finance]Yahoo! Finance
- Trump's Economic Plan Is Already Working—Just Not How His Fans Thought [Yahoo! Finance]Yahoo! Finance
COLM
Earnings
- 10/30/24 - Beat
COLM
Sec Filings
- 11/13/24 - Form SC
- 11/7/24 - Form 10-Q
- 11/6/24 - Form SC
- COLM's page on the SEC website