'That's Basic Econ' — Dave Ramsey Says Increased Tariffs Do Not Cost Companies Money, As 'They Pass The Tariff Cost On To The Customer'

Rising tariffs don't shrink a company's profits; they raise your prices. That's the message personal finance expert Dave Ramsey delivered in a recent “EntreLeadership” podcast episode, where he explained why higher costs don't necessarily hurt businesses, but customers. “Increased tariffs do not cost companies money,” Ramsey said. “They pass the tariff cost on to the customer in the form of higher prices. That’s basic econ.” Raising Prices Beats Slashing Budgets When business gets tight, many ow