Consumer prices rise 2.7% annually in July, less than expected amid tariff worries

[BumRushDaShow]

11. The importers/wholesalers and some retailers are still eating it

I heard a report last night on the radio about how they are still trying to hold on from passing the costs on - basically eating about "2/3rds" of the tariffs. But there is an expectation that this will reverse come this fall where the consumer will get that "2/3rds" passed onto them (it may have been a Bloomberg business report aired on the radio).

There was a big stock up before the tariffs happened so some industries are able to run through their inventories without needing to raise prices.