3 CEOs preparing to raise prices if Trump enacts trade restrictions

Contributing sentiments towards policy:

52% : Trump proposed a 60% tariff on goods imported from China on the campaign trail, coupled with a 10% to 20% tariff on goods imported from other countries.
51% : Philip Daniele, CEO of auto parts company AutoZone, told analysts on a September earnings call that tariff policies have "ebbed and flowed over the years," and if Trump does implement more tariffs, "we will pass those tariff costs back to the consumer.""We generally raise prices ahead of that," Daniele said, adding that prices would gradually settle over time.
46% : Donald Allan, CEO of manufacturing company Stanley Black & Decker, told analysts in an October earnings call that the company has been evaluating "a variety of different scenarios" to plan for new tariffs under Trump.
31% : "Trump has previously said that his proposals would not influence prices on US goods: "I am going to put tariffs on other countries coming into our country, and that has nothing to do with taxes to us.

*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization.