Antitrust and Tariffs Are on a Collision Course

Source: Foundation for Economic Education
by Rachel Chiu

“Until the Supreme Court decides whether Trump’s tariffs are constitutional, American businesses are stuck in limbo — and the best way out invites antitrust scrutiny. … Home Depot and its subsidiary entered into an agreement to acquire building materials distributor Gypsum Management & Supply. This move consolidates their supply chain for building materials, including drywall, ceilings, and steel framing. Likewise, this summer, Walmart opened its first beef facility to create ‘more resiliency in [its] supply chain.’ … If SCOTUS finds that Trump’s tariffs are legal, these mergers could be the first of many among American businesses. In that case, antitrust regulators pose a real risk to the economy.” (11/28/25)

https://fee.org/articles/antitrust-and-tariffs-are-on-a-collision-course/