Mark Cuban Warns Of Price Hikes, Says 'Buy Consumables Now,' Before Retailers Blame Tariffs
Benzinga (Fri, 04-Apr 12:23 AM)
U.S. markets plunged on Thursday, erasing $2 trillion in value, as billionaire entrepreneur Mark Cuban warned consumers to stock up on everyday items before retailers use new tariffs to justify widespread price increases.
What Happened: “It’s not a bad idea to go to the local Walmart Inc. (NYSE:WMT) or big box retailer and buy lots of consumables now,” the Cost Plus Drugs co-founder wrote on Bluesky. “From toothpaste to soap, anything you can find storage space for, buy before they have to replenish inventory. Even if made in the USA, they will jack up the price and blame it on tariffs.”
Cuban’s warning comes as President Donald Trump‘s sweeping reciprocal tariffs sent shockwaves through global markets. The S&P 500, tracked by SPDR S&P 500 ETF ...
