LOADING ERROR LOADINGExecutives from three of America’s biggest retail chains warned President Donald Trump that things could get ugly if his aggressive economic agenda proceeds as planned, according to a new report from Axios. Advertisement“The big box CEOs flat out told him the prices aren’t going up, they’re steady right now, but they will go up,” an administration official familiar with the meeting told Axios. But he was told that shelves will be empty.”According to a separate official briefed on the meeting, Trump was told that if he doesn’t change course, the impact could be noticeable in as little as two weeks. The CEOs words seemed to have some sway on the president. The following day, Trump told reporters that tariffs on China will “come down substantially” from his previously announced 145% rate.


Source:   Huffington Post
April 24, 2025 13:19 UTC