alt Hacker NewsWhat businesses were legitimately going to go bankrupt by the increased tariffs? I'm not defending the tariffs, mind you, but I don't buy that every company had to increase prices to offset the additional taxes. Many could've taken the hit and been fine, except profits would be down and shareholders would be angry.
Lots of them. Profit margins in many sectors are low, lower than the cost of the tariffs.
> except profits would be down and shareholders would be angry.
Right. So when profits turn into losses, you expect shareholders to be OK with the stock price falling to zero and they lose their entire investment? You think this is "fine"?