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

No, what is going to happen is existing small businesses here are going to go bankrupt.

Trump's idiotic far left protectionist tariffs cost Americans $34 billion a year, eliminated 300,000 jobs, and cost taxpayers $22 billion in rescue subsidies for farmers.

Talk about a self-inflicted gunshot to the face!

Our farmers already are suffering just like they did during Trump's first far left tariff war. Another taxpayer bailout for this new idiotic trade war is already in the works for farmers again.

Another result of Trump's far left protectionism was we ended up with a record high trade deficit with China! Our trade deficit with Mexico also increased.

Did your propagandists inform you of this?

Didn't think so.

Trump 1.0:

‘Here’s your check’: Trump’s massive payouts to farmers will be hard to pull back


The trade bailout has now spanned three years and surpassed $23 billion, even though it was never appropriated by Congress. Instead, the money was funneled through USDA’s Commodity Credit Corporation, a Depression-era agency that can borrow from the U.S. Treasury to stabilize the farm economy.


Insanity: Doing the same thing over and over, expecting a different result.


Also, you are really naive if you think manufacturing will return. You want to know why?

Because we live in a plutocracy.

Tim Cook bribed Trump with a million dollars, literally.

And guess which company Trump has exempted from his tariffs.

Apple.

Wake up, son.

Apple CEO Tim Cook donates $1 million to Trump inauguration



Apple regains $3 trillion market cap after Trump exempts tariffs on iPhones


Three trillion dollars. That's quite a return on Cook's one million dollar investment!





It's all relative.

A starving Bangladeshi's life is vastly improved by what we would consider a low wage job making T-shirts.

As I have explained countless times, when communism collapsed, China and India were forced to recognize that a market economy was better than their centrally planned economies.

This resulted in two billion workers entering the world's labor market.

So of course wages were going to be flatlined globally for a while.

But once that egg is through the snake, they will become consumer economies and wages will once again rise.

Basic economics.

Those two billion people have greater economic freedom than they had before!

This is a huge success story for capitalism, not a failure.
North Carolina furniture makers are calling bullshit on you. They are very happy. You know the ones Biden forgot about after the hurricane.
 
Total bullshit.

TLDR. Yeah. You MAGA morons have the intellectual bandwidth of a bumper sticker.

Also, you deliberately turn a blind eye to anything which contradicts your erroneous, deluded bleefs.

All you have is your usual tu quoque, "B-b-b-b-b-b-but Biden!"
Lol, 40 year high inflation with you vegetable in office. That hurts no one, but adding a 30% tariff on China. The world ends, and Trump is bringing bidenflation down.
 
Tariffs on Chinese imports are at 30%. Tariffs on US imports into China are at 10%. When Trump took office, tariffs on Chinese imports was at 19.3%. Tariffs on US imports into China were at 21.2%. Also, the new tariffs don't apply to all goods.
The 10% refers to lowering the retaliatory tariffs they’ve placed since April 2nd. None of the tariffs in existence before then have changes.

So that would be 10% on top of the 21.1%.
 
Rolling Stone

Walmart, the largest retailer in the nation, has announced it is raising prices because of President Donald Trump's tariffs.

The retail giant said on Thursday that it may absorb some of the import taxes, but it is still raising prices to offset increased costs resulting from Trump's ill-advised trade war.



Hmm, you all better get there before I do...or you may not have any toilet paper for awhile...I'm filling my garage tonight!


Hope you like dirty showers....muahaahahahahahahahahaha
 
I fear WalMart is using tariffs as a convenient scapegoat to boost margins. Two thirds of the goods they sell are made in the US. They could easily absorb the increase of costs like they did in 2019 if they weren't so greedy now.
Oh, ok. You expect WM to absorb the increased costs of the orange fuckup's import tax to cover his ass.

Nice try, but WM doesn't give a rats ass about Dopetard's "feels". Or yours either.
 
Rolling Stone

Walmart, the largest retailer in the nation, has announced it is raising prices because of President Donald Trump's tariffs.

The retail giant said on Thursday that it may absorb some of the import taxes, but it is still raising prices to offset increased costs resulting from Trump's ill-advised trade war.


Corporate greed is a bitch.

DemoKKKrats used to pretend to be against it, now they LOVE it. :badgrin:
 
The 10% refers to lowering the retaliatory tariffs they’ve placed since April 2nd. None of the tariffs in existence before then have changes.

So that would be 10% on top of the 21.1%.

And the 30% for Chinese imports is on top of the 19.3%. So lets do the math. There are exceptions, but generally speaking we are tariffing Chinese imports coming into the US at 49.3% and US exports going to China at 31.1%. Previously there was a 1.9% difference(21.2 and 19.3) with China tariffing the US more than we were tariffing them. Now there is an 18.2% difference with the US tariffing China more than they are tariffing us. Sure seems to be moving in the right direction to me.
 
Where was all of this piss and vinegar when all of that legislation that printed trillions and trillions of dollars and got us all near nothing in return except inflation? All of those Prog cities and states running huge deficits as they closed down and even killed some of their senior citizens as an offering to moloch. We got to know what the loss of unalienable rights are though. Never forget the Prog citizens and how they acted and reacted during Covid. Never help any of them.
If the orange fuckup didn't sandbag the Covid response & lie thru his yap about what was happening because the fat fuck was worried about his poll numbers the disaster that was covid could have been averted. He's the one who held hate rallies all over the place spreading the virus accross thousands of people.

The stupid fuck even caused himself to almost take a dirt nap when he got it.

Go find yourself another whipping boy.
 
If the orange fuckup didn't sandbag the Covid response & lie thru his yap about what was happening because the fat fuck was worried about his poll numbers the disaster that was covid could have been averted. He's the one who held hate rallies all over the place spreading the virus accross thousands of people.

The stupid fuck even caused himself to almost take a dirt nap when he got it.

Go find yourself another whipping boy.

Oh, ok. You expect WM to absorb the increased costs of the orange fuckup's import tax to cover his ass.

Nice try, but WM doesn't give a rats ass about Dopetard's "feels". Or yours either.

You forget to take your angry pill today?
 
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