We couldn't avoid it. We need to talk about tariffs. Andrew, Alicia, and Nick try to make sense of the whole thing and how retailers can tackle them.
Tariffs, Tariffs, Tariffs!
Hosts tackle tariffs in the most unserious way possible.
U.S.-Canada tensions escalate over dairy, lumber, and electricity tariffs.
Trump threatens new tariffs; Canada fires back with retaliatory measures.
Consumers & retailers brace for impact—higher prices, supply chain chaos.
Retailers React to the Chaos:
Business leaders scramble for clarity, but political back-and-forth makes it impossible.
Walmart, Apple, and JPMorgan CEOs meet with Trump—will it make a difference?
Buyers face a nightmare: pricing forecasts are completely blown up.
What’s the Real Impact?
Tariffs hit everything—from auto parts to iPhones to cheese 🧀.
Canadian retailers retaliate by pulling U.S. products from shelves.
Brands with strong loyalty will survive—everyone else? Good luck.
Survival Tips for Retailers:
Control what you can control—your brand, value prop, and customer experience.
Retailers must stay agile—if you’re not an A-player, you’re at risk.
Small businesses: Stay engaged with your community & lean into transparency.
Timestamps:
[00:00:07] Intro – Making tariffs fun (or at least funny)
[00:10:15] Trump’s latest tariff threats & Canada’s response
[00:28:40] What tariffs actually mean for retailers & pricing
[00:45:50] Consumer sentiment – why this feels like economic whiplash
[01:05:30] How brands can adapt & survive tariff turmoil
[01:15:00] Wrap-up – When in doubt, just buy ice cream 🍦
