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

[Marener]

Rampant inflation happened under Biden, Marener. What does that have to do with price gouging? I know that they tried to blame Supermarkets for the high prices but that dog never did hunt and they rather quickly gave it up when it was pointed out that grocery chains work on about a 3% markup!

There was tons of price gouging under Biden when they blamed inflation but they just cranked up profits.

They didn’t try to blame supermarkets, they blamed food production industry where they increased profit margin and made record profits. Increased profit represented about half of inflation in food prices according to estimates made by the federal reserve.

 

[justoffal]

Companies are under no obligation to tell anyone why they’re increasing prices.

Yes they would be better off to keep their mouth shut wouldn't they?

 

[justoffal]

There was tons of price gouging under Biden when they blamed inflation but they just cranked up profits.

They didn’t try to blame supermarkets, they blamed food production industry where they increased profit margin and made record profits. Increased profit represented about half of inflation in food prices according to estimates made by the federal reserve.

Can't argue with any of this.... People doing the price gouging are always anxious to pass the blame to somewhere else no matter who's in the White House. I guess the only way to beat it is to become a shareholder.

 

[Marener]

Yes they would be better off to keep their mouth shut wouldn't they?

That’s the attitude under fascist regimes. Make sure everyone is afraid to say anything that upsets the leader.

Good job.

 

[justoffal]

And the American public is under no obligation to shop at a store that stoops to price gouging them while blaming it on someone else.

Racist!......you Racist! Stop!

 

[Man With A Plan]

There was tons of price gouging under Biden when they blamed inflation but they just cranked up profits.

They didn’t try to blame supermarkets, they blamed food production industry where they increased profit margin and made record profits. Increased profit represented about half of inflation in food prices according to estimates made by the federal reserve.

Harris says she will pass a ban on price gouging of food

During a campaign event in North Carolina, Vice President Harris promised she would work to pass a ban on the "price gouging" of food if she is elected president.

www.msnbc.com

Bullshit, Marener. They did indeed try to blame higher prices on price gouging by supermarkets instead of taking responsibility for what THEIR polices caused to happen!

 

[Papageorgio]

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.

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

Retailers exploit tariffs to justify price hikes on products not affected by trade policies, contradicting Trump's America First agenda to lower consumer costs

www.foxnews.com

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.

If all the tariffs went away tomorrow the prices would not go down, if they can get away with it, they will take it.

 

[dblack]

Oh look the commies are now for price gauging.

And MAGA whining about the free market.

 

[Marener]

Harris says she will pass a ban on price gouging of food

During a campaign event in North Carolina, Vice President Harris promised she would work to pass a ban on the "price gouging" of food if she is elected president.

www.msnbc.com

Bullshit, Marener. They did indeed try to blame higher prices on price gouging by supermarkets instead of taking responsibility for what THEIR polices caused to happen!

Larger profit margins accounted for a lot of inflation.

https://www.epi.org/blog/profits-and-price-inflation-are-indeed-linked/

 

[Foxfyre]

Because there’s no objective difference. It’s all just subjective.

MAGA calls it price gouging because it hurts Trump. They called it free market when it hurt Biden.

You won't be able to back that up with any credible source either. Do have a lovely evening.

 

[Marener]

You won't be able to back that up with any credible source either. Do have a lovely evening.

It’s an opinion. If you disagree, then we can discuss.

 

[sealybobo]

.

WalMart is the king of price gouging. I've seen them kill a number of small businesses in small towns too.

And I also don't shop there.





.

Price gouging is the exact opposite of what you are describing. Walmart put those small business' out of business by lowering their price so low no one bought from the small business'. NOW that Walmart is the only game in town, NOW they can price gouge.

So what you are describing is not price gouging. If Walmart price gouged in the beginning it would not have worked. That would have drove customers to the small business'

 

[sartre play]

Price gouging is the exact opposite of what you are describing. Walmart put those small business' out of business by lowering their price so low no one bought from the small business'. NOW that Walmart is the only game in town, NOW they can price gouge.

So what you are describing is not price gouging. If Walmart price gouged in the beginning it would not have worked. That would have drove customers to the small business'

Government of the rich by the rich, for the rich.

 

[dblack]

It's funny. MAGA nitwits act like businesses aren't supposed to react to the tariffs.

 

[Hollie]

Nope. I already went through them and proved my point. Last year you said Walmart was NOT price gouging us. You argued with Kamala. This year because they are doing it to Trump, you suddenly see the light.

That says a lot about you Hollie. Not to be taken seriously. Can't even admit when you flip flop or explain it away. You'll just deflect and call me a stalker or assign me homework.

Just admit it. You're a liar just like Trump. A bullshitter. A scumbag. A deplorable. Who probably gives great oral.....arguments. LOL

You went through nothing, You simply can’t understand some pretty basic concepts while inventing what I wrote, you dishonest hack.

 

[sealybobo]

You went through nothing, You simply can’t understand some pretty basic concepts while inventing what I wrote, you dishonest hack.

I'm not the only one seeing Trump's tariffs you big fat old dummy.

The largest U.S. automaker by sales said it expects the tariff impact to worsen in the third quarter and stuck to a previous estimate that trade headwinds threaten to hit the bottom line by $4 billion to $5 billion. GM said it could take steps to mitigate at least 30% of that impact. Shares fell about 6% in early trading.

MAGA?

 

[sealybobo]

You went through nothing, You simply can’t understand some pretty basic concepts while inventing what I wrote, you dishonest hack.

If you don't believe me maybe you'll believe Goldman Sachs

The U.S. economy is headed into a period of noticeably slower growth thanks to the tariff impact on inflation and, by consequence, consumer spending, according to Goldman Sachs.

Economists at the Wall Street firm expect gross domestic product to rise at just a 1.1% annual pace through 2025

“Even a one-time price increase will eat into real income, at a time when consumer spending trends already look shaky,”

Like the $600 tariff my customer just paid on a $12,000 order

GDP fell at a 0.5% annualized pace in the first quarter, with consumer spending up just 0.5%.

the biggest wild card is President Donald Trump’s tariffs, with Goldman gaming out multiple scenarios depending on how negotiations progress.

In the most likely case, Hatzius said so-called reciprocal tariffs likely will hit an effective rate of 15%, up from the previous forecast of 10%, taking the average effective tariff rate up 14 percentage points this year and another 3 percentage points in 2026.

So 8.5% is low. It's going to get WORSE!

As a result, Goldman sees inflation as measured by the Fed’s preferred personal consumption expenditures price index to hit 3.3% for 2025, falling to 2.7% next year and 2.4% in 2027.

Those assumptions help put the firm’s projected recession risk at 30%, about double the normal level.

From the Fed’s perspective, Goldman expects policymakers to continue their wait-and-see approach if larger tariffs come into place. At the same time, the threat to employment and supply chains from larger-than-expected tariffs “would likely warrant more aggressive rate cuts than we currently expect,” Goldman economists said in a separate note.

 

[Hollie]

If you don't believe me maybe you'll believe Goldman Sachs

The U.S. economy is headed into a period of noticeably slower growth thanks to the tariff impact on inflation and, by consequence, consumer spending, according to Goldman Sachs.

Economists at the Wall Street firm expect gross domestic product to rise at just a 1.1% annual pace through 2025

“Even a one-time price increase will eat into real income, at a time when consumer spending trends already look shaky,”

Like the $600 tariff my customer just paid on a $12,000 order

GDP fell at a 0.5% annualized pace in the first quarter, with consumer spending up just 0.5%.

the biggest wild card is President Donald Trump’s tariffs, with Goldman gaming out multiple scenarios depending on how negotiations progress.

In the most likely case, Hatzius said so-called reciprocal tariffs likely will hit an effective rate of 15%, up from the previous forecast of 10%, taking the average effective tariff rate up 14 percentage points this year and another 3 percentage points in 2026.

So 8.5% is low. It's going to get WORSE!

As a result, Goldman sees inflation as measured by the Fed’s preferred personal consumption expenditures price index to hit 3.3% for 2025, falling to 2.7% next year and 2.4% in 2027.

Those assumptions help put the firm’s projected recession risk at 30%, about double the normal level.

From the Fed’s perspective, Goldman expects policymakers to continue their wait-and-see approach if larger tariffs come into place. At the same time, the threat to employment and supply chains from larger-than-expected tariffs “would likely warrant more aggressive rate cuts than we currently expect,” Goldman economists said in a separate note.

That long, tedious copy and paste represents some markedly improved numbers when compared to those of the corpse called Joe Biden.

 

[Dekster]

You believe some kid who have or haven't graduated high school working the cash register should earn as much or close to what a district manager of McDonald's earns?

That's what Democrats believe. Leftists in LA want $30 minimum wage. I can tell you they will price themselves out of the market.

California uses inflated wages and prices to mask their gentrification agendas. Works great in San Fransisco, so LA has taken up the mantle.

 

[sealybobo]

That long, tedious copy and paste represents some markedly improved numbers when compared to those of the corpse called Joe Biden.

Prices are going up Hollie. Trump ran on lowering prices. If you are poor or middle class things are harder on you today than they were under Joe.

Stop listening to Trump's lies about Joe and Obama.

Does Trump have Dementia?

Sympton number one is memory loss. Trump doesn't remember he appointed Powell to the Fed Reserve.

Problems with communication and finding the right word. Watch the video. Trump has this problem.

Confusion and disorientation. See video

Coordination and movement control. Watch Trump dance.

Agitation.