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What preparation if any have you been doing for the possibility of tariffs?
I've bought approximately five pairs of sneakers in the past two weeks, to try to get ahead of potential supply disruptions on the one brand of sneakers that actually fit my weird wide flat feet.
None. I think the impact of tariffs will turn out to be wildly overrated. I have no actual empirical basis for that belief or an articulable mechanism, I just kind of don't believe that Nike is actually going to have more than a marginal price change. Maybe I'll be wrong, but my current stance is that "tariffs don't work" will be even more true than many people believe.
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