Ryan Patel: Companies ‘Cannot Absorb These Costs,’ Tariffs Likely to Reach Consumers Faster

RUSH EXCERPT:

PATEL: “Yeah. I mean, I think there‘s three things. I think one, how long will this rhetoric continue to be? We‘ve seen this. It could be short-term and just there‘s a deal to be had or there‘s I think we will see it a little bit faster than normal. What I mean by that is the companies cannot absorb these costs. We‘ve seen in the past that, you know, the supply chains are not even going to be that resilient when it comes to rerouting supply chains. So it will get to the cost to the consumer quicker. Is it six months? Is it three months? You know, we went through this last time, but I, I have a feeling that there‘s a lack of satisfaction for companies to absorb the costs. So we will get to that point quicker. Again, if”