Walmart Says It's Raising Prices Because of Trump's Tariffs

[Mac1958]

It’s almost as if the economy is being centrally planned.

The leader picking the winners and losers.

Intimidating, threatening and punishing any business that doesn't stay in line.

That's the template.

 

[Marener]

Yikes. Stop touching yourself.

Funny, though, you should mention that. How is it we're taking your position now? It appears you have abandoned the common man after so many years of accusing us of doing the same.

The common man benefits from free trade. The growth in the living standard of the common man has been supported by importing inexpensive foreign products.

Your reply to the common man is to live with less and thank Trump for it.

 

[Marener]

Lol.

30% will not eat up their gross profit margin. They are shrewd financiers, they can navigate it.

Gross profit margin for Walmart is 24%.

 

[SweetTea]

Wishful thinking. The margins on commodity goods are already razor thin.

How would you know the margins for Chinese companies? You think they are honest in their financial reporting? LOL!

 

[TemplarKormac]

It’s almost as if the economy is being centrally planned.

Like it always has been.

Not a word from any on the left... or right for that matter.

Curious, these issues of convenience.

 

[Mac1958]

Well, we've now learned the Trumpsters realize AMERICAN BUSINESS pays the tariffs, not the "other country".

As we've been saying all along.

 

[80zephyr]

You have got to be kidding. Wal-Mart is lucky to have 5% of its products made in the US, and that has been steady for forty years.

While it's not possible to pinpoint an exact percentage, Walmart sources a significant portion of its products from domestic suppliers, with more than two-thirds of its annual product spend going to American-made, grown, or assembled goods.

From the net.

 

[Marener]

How would you know the margins for Chinese companies? You think they are honest in their financial reporting? LOL!

Because it’s a competitive market for commodity goods. Common sense.

 

[Vrenn]

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~S~

Your graph is BS. In Vietnam alone, Walmart buys billions of textiles.

 

[struth]

The leader picking the winners and losers.

Intimidating, threatening and punishing any business that doesn't stay in line.

That's the template.

Like when xiden and his admin threaten Facebook. To censor stories that hurt their party

But what does that gaff to do with trump highlights a company doesn’t have to raise its prices on Americans?

 

[SweetTea]

Well, we've now learned the Trumpsters realize AMERICAN BUSINESS pays the tariffs, not the "other country".

As we've been saying all along.

Yes, they pay them. We know that. Maybe what you didn’t know is that the price they pay for the product is negotiable.

 

[TemplarKormac]

Gross profit margin for Walmart is 24%.

Is that what you think?

If my math recalls, Walmart profits were around $160-70 billion.

You're thinking 30% will eat ALL of their gross profit? A 30% increase will knock maybe 1/5 off their profit margin, not all of it.

Is that what you're thinking? Seriously?

 

[SweetTea]

Like when xiden and his admin threaten Facebook. To censor stories that hurt their party

But what does that gaff to do with trump highlights a company doesn’t have to raise its prices on Americans?

Thats different doncha know?

 

[Marener]

While it's not possible to pinpoint an exact percentage, Walmart sources a significant portion of its products from domestic suppliers, with more than two-thirds of its annual product spend going to American-made, grown, or assembled goods.

From the net.

This is skewed significantly because of the impact of groceries. If you look at products, it’s like 60% from China and like 5% from US.

 

[Mac1958]

Gross profit margin for Walmart is 24%.

From now on, Trump will decide on a company's profit margin.

And they will comply. Or else.

 

[Vrenn]

What if Walmart doubled all their prices? Would that be good for their shareholders? Why or why not? Tariffs aside, why didn’t Walmart raise their prices last year if it was such a good idea for their bottom line and their shareholders?

Because, although they had already crushed other discount stores, Target is still around and doing swimmily good.

 

[TemplarKormac]

From now on, Trump will decide on a company's profit margin.

And they will comply. Or else.

Aaaand here come the emotional retorts.

How tiresome.

 

[Marener]

Is that what you think?

If my math recalls, Walmart profits were around $160-70 billion.

You're thinking 30% will eat ALL of their gross profit? A 30% increase will knock maybe 1/5 off their profit margin, not all of it.

Is that what you're thinking? Seriously?

That’s what they said in their financial statements.

Operating profit margin is less than 5%.

 

[TemplarKormac]

That’s what they said in their financial statements.

Operating profit margin is less than 5%.

Ah, if you think that's how it works, I have some bridges over the Grand Canyon to sell you.

 

[gipper]

I remember when Dems said that inflation was being driven by corporate greed. They were ridiculed.

Thanks for admitting we were right all along.

This also contradicts the point you were trying to make, that raising prices would reduce revenues. That didn't happen under Biden, it probably wouldn’t happen now.

No, businesses don’t HAVE to pass on the cost of tariffs, but they have to do something to remain profitable. Walmart could start laying people off to reduce costs. Maybe cut benefits or wages.

What do you think they should do since their gross profit margin is being eaten up by tariff costs.

I believe Ds, progs, and libs used to hate Walmart too.