Key Points
- As shoppers await price cuts, retailers like Home Depot say their prices have stabilized and some national consumer brands have paused price increases or announced more modest ones.
- Yet some industry watchers predict deflation for food at home later this year.
- Falling prices could bring new challenges for retailers, such as pressure to drive more volume or look for ways to cover fixed costs, such as higher employee wages.
Yeah, I was being facetious and poking fun at the claim that the US is all about free trade. It’s the claimed reason any time the US makes an agreement to screw over local labor which they label as “not competitive” i.e. corporations don’t want to pay American wages but want to sell to the American market.