Retailers caught red-handed using Trump's tariffs as cover for price gouging

What exactly is Trump's "plan" to pursue price gouging? When Harris talked about going after price gouging, she was labelled a communist. Can we label Trump a communist now?
You need to read your manifesto. “Hitler” is the label you are required to use.
 
That label would certainly make him much more attractive to your side of the aisle.
The only thing really consistent with you guys is that Trump is always right and everyone else is always wrong.

You keep doing 180s on everything and never even blink an eye. Sort of makes you seem less like independent thinking adults and partisan slaves.
 
Just pointing out rank hypocrisy when I see it.

I believe you also ridiculed the idea of greedflation despite it's being very clearly shown in the data.

Not that you trust data that doesn't comport with your partisan narrative.


When a retailer buys widgets for .50 each, then sells them for $1. each.......they get their profit. That is how capitalism works.

But along comes Trumps threats of tariffs, that hadn't even been implemented yet and said retailers raise the price to $1.50 each in ANTICIPATION of tariffs........that is price gouging.

Then of course said tariffs are negotiated to a lower percentage than originally claimed and those widgets now costs .60 each, retailers would still make profit at $1 or even $1.10 but they leave the price at $1.50.........that is greedflation.
 
As should have been clear to you, some retailers were using tariffs as a convenient scapegoat to raise prices across the board, even on products not impacted by new trade policies.
If they did not raise the retail price on the tariff affected product as much as it needed to be, to maintain their planned markup on the product, they can raise other products initial mark up, to cover for the loss on the tariffed item.

Also, they don't know what trump will do next and every single step and tariff change of Trump's affect them....but it doesn't affect them until the product hits the port of entry, which is about a 4 to 6 week boat ride from the factory finished goods to the importer landing the goods in a US port....in that time period, Trumps chaotic tariff announcements going from 10% to 25% and then to 150% and then back down to 50% etc etc etc etc....

in those 6 weeks of travel time leaves importers and retailers with no choice but planning for the worst, but hoping for the best....

or coming out with another strategy of just raising all of their retail prices by 10%, to help them average out, what the tariffs will be.

Unlike Biden, who had no control over inflation from the supply side shortages from covid, THIS INFLATION, is solely caused by Trump and his chaotic, knee jerk, tariff proclamations....

You won't know if the retailers are over compensating on their projected tariff costs, until we see their profit margins, and whether they have gone up, above their normal profit margin.
 
When a retailer buys widgets for .50 each, then sells them for $1. each.......they get their profit. That is how capitalism works.

But along comes Trumps threats of tariffs, that hadn't even been implemented yet and said retailers raise the price to $1.50 each in ANTICIPATION of tariffs........that is price gouging.

Then of course said tariffs are negotiated to a lower percentage than originally claimed and those widgets now costs .60 each, retailers would still make profit at $1 or even $1.10 but they leave the price at $1.50.........that is greedflation.
That happened under Biden but the right ridiculed anyone who even dared bring it up.
 
If you don’t like the price of an object, don’t buy it.
 
If they did not raise the retail price on the tariff affected product as much as it needed to be, to maintain their planned markup on the product, they can raise other products initial mark up, to cover for the loss on the tariffed item.

Also, they don't know what trump will do next and every single step and tariff change of Trump's affect them....but it doesn't affect them until the product hits the port of entry, which is about a 4 to 6 week boat ride from the factory finished goods to the importer landing the goods in a US port....in that time period, Trumps chaotic tariff announcements going from 10% to 25% and then to 150% and then back down to 50% etc etc etc etc....

in those 6 weeks of travel time leaves importers and retailers with no choice but planning for the worst, but hoping for the best....

or coming out with another strategy of just raising all of their retail prices by 10%, to help them average out, what the tariffs will be.

Unlike Biden, who had no control over inflation from the supply side shortages from covid, THIS INFLATION, is solely caused by Trump and his chaotic, knee jerk, tariff proclamations....

You won't know if the retailers are over compensating on their projected tariff costs, until we see their profit margins, and whether they have gone up, above their normal profit margin.
That’s a lot of “….. but….. but ……but Trump” whining.

I take it your TDS provides an allowance for price gouging On items not subject to tariffs because “orange man bad”.
 
I recall reading weeks ago that scumbags such as Walmart were raising prices literally in anticipation of tariffs.

It’s just sleazy price gouging for a number of retailers.



In recent weeks, headlines have been filled with warnings from major retailers about impending price hikes due to tariffs reinstated by President Donald Trump. Big Box stores like Walmart and Target have been quick to suggest that tariffs on imported goods, particularly from China, have left them with no choice but to raise prices for American families.

Let’s be clear, these decisions are more about raising profit margins and going against Trump’s agenda to bring costs down for Americans than responding to any actual economic pressure.
You know what's really funny? Not one democrat is complaining about those big greedy businesses price gouging. I guess they only do price gouging when Democrats are in office.
 
That happened under Biden but the right ridiculed anyone who even dared bring it up.

Biden imposed tariffs causing unneccessary higher prices??????? But ya'll were claiming everything was just peachy

Any kind of a link to support that?
 
Fascist seek to control the economy and here you are demanding that retailers not seek profit.

You’re not a capitalist. Are you a communist now?
FYI, fascism (corporatism) is when government and corporations work hand-in-glove to rule the country.
 
I recall reading weeks ago that scumbags such as Walmart were raising prices literally in anticipation of tariffs.

It’s just sleazy price gouging for a number of retailers.



In recent weeks, headlines have been filled with warnings from major retailers about impending price hikes due to tariffs reinstated by President Donald Trump. Big Box stores like Walmart and Target have been quick to suggest that tariffs on imported goods, particularly from China, have left them with no choice but to raise prices for American families.

Let’s be clear, these decisions are more about raising profit margins and going against Trump’s agenda to bring costs down for Americans than responding to any actual economic pressure.
trump has an agenda to bring costs down for Americans? Oh, I didn't know that.
 
trump has an agenda to bring costs down for Americans? Oh, I didn't know that.
I’m not surprised you didn’t know that. I guess you were too busy listening to Jasa’mine ghetto slob lecturing you on white supremacy, orange man bad and other impo’tent matters.
 
I’m not surprised you didn’t know that. I guess you were too busy listening to Jasa’mine ghetto slob lecturing you on white supremacy, orange man bad and other impo’tent matters.
That's probably it. I'll admit that Jasmine Crockett is a much more intelligent speaker than the droning buffoon of orange tint.
 
Fascist seek to control the economy and here you are demanding that retailers not seek profit.

You’re not a capitalist. Are you a communist now?
~~~~~~
Indeed, especially Marxist Socialist governments that control not only the prices of goods but where you can buy essential items to live.
Just what Zohran Mamdani seeks to establish in New York City with his government grocery stores.
https://engelsbergideas.com/notebook/soviet-socialism-was-no-good-at-groceries/

Soviet socialism was no good at groceries - Engelsberg ideas


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Venezuela in Crisis: Rampant Shortages Leave Country in Shambles


1752690195138.webp
 
Indeed, especially Marxist Socialist governments that control not only the prices of goods but where you can buy essential items to live.
Just what Zohran Mamdani seeks to establish in New York City with his government grocery stores.
That's a pretty big lie. For starters, he wouldn't prevent anyone else from opening a store that charges whatever they want.

His proposal mirrors those in numerous other cities and rural communities.


But of course, you were told to freak out about it and you did so like a trained monkey.
 
15th post
Once they’re up they don’t come back down.

Deal with it.
That is perhaps the most ignorant, childish and juvenile statement I've ever read here or anywhere else in my life.

Taxes? Yes. Everything else? You're a ******* clueless moron if you don't see the price fluctuations created by competition, supply and demand, Economies of Scale, etc
 
That is perhaps the most ignorant, childish and juvenile statement I've ever read here or anywhere else in my life.

Taxes? Yes. Everything else? You're a ******* clueless moron if you don't see the price fluctuations created by competition, supply and demand, Economies of Scale, etc
**** you, asshole.
 
When a retailer buys widgets for .50 each, then sells them for $1. each.......they get their profit. That is how capitalism works.

But along comes Trumps threats of tariffs, that hadn't even been implemented yet and said retailers raise the price to $1.50 each in ANTICIPATION of tariffs........that is price gouging.

Then of course said tariffs are negotiated to a lower percentage than originally claimed and those widgets now costs .60 each, retailers would still make profit at $1 or even $1.10 but they leave the price at $1.50.........that is greedflation.
~~~~~~
It's obvious that you have no idea how costs of business and prices work.
In retail all items purchased from wholesalers are shipped FOB.
The cost of Rent, lighting, heating, and employees is all taken into consideration when pricing items.
Standard practice in retail. is the item purchased from the wholesaler is put for sale ay 2.3 to 2.5 times the cost. Then end profit normally comes to approximately 3 to 8% after cost.
 
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