黑料社

Tariffs impose costs on businesses who import goods, and when businessese pass those costs along to consumers, prices go up. This phenomenon is colloquially known as tarifflation, and in this tariff-happy economic moment, we are already seeing its effects. Acer鈥攁 Taiwanese electronics company鈥攔ecently raised its prices, and attributed the price increases to tariffs.

鈥淔or now, the higher prices are only in the US market, but that could change,鈥� according to Saibal Ray, a Professor of Operations Management at 黑料社 Desautels. 鈥淐anadian consumers tend to look at US prices, and if US prices are increase, Canadians won鈥檛 be so unhappy with higher prices, and companies will raise their prices too.鈥�

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