Axios’ VandeHei on Tariffs: CEOs Are Warning of Empty Shelves in Two Weeks

EXCERPT:

VANDEHEI: “I think the important takeaway would be in the last 24 hours, I'd say for the first time, we feel like in talking to White House officials, they're starting to make progress in persuading Trump that what he did early on was too dangerous and is really having ramifications that go beyond what he was seeing in his line of sight. Very important meeting yesterday in the White House. You had the CEOs of Walmart, of Target, Home Depot with the president warning him very bluntly saying, 'Listen, like you're going to have price increases soon. You're going to have empty shelves in a lot of our stores.' You --"
BRZEZINSKI: "Like in two weeks."
VANDEHEI: "Like in two weeks."
BRZEZINSKI: "Yeah."
VANDEHEI: "And you're going to have smaller companies going under because they're so reliant on trade and that that hasn't showed up yet at the stores, but it will soon.”