politics

Wow. I used to think he just couldn't stop lying about tariffs...

But now I'm convinced he has NO idea what they are or how they work... NONE

So the "elected" government is trying to control prices? Isn't that the definition of socialism?

Walmart made BILLIONS OF DOLLARS last year, far more than expected.

Under Joe Biden's absolutely terrible, awful, most baddest saddest America-lastest economy?

Rages at reality for doing the thing everyone said would happen?

Walmart should put up price tags showing how much of the price is "Trump Tax".

Dear 47, tariffs are essentially sales taxes based on origin rather than point of sale. If a business has, lets say, a 2.5% profit margin they cannot “eat” tariffs larger than that because to do so would defeat the purpose of being in business (to make profit) in the first place, and said business would soon be bankrupt. I know you know what that is, having numerous failed business’ yourself.

What the fuck do you think businesses are gonna do? Their costs went up. Planet Money podcast had an interview with a small business owner that had to pay the 145% tariff on her imports ordered before the tariffs went into effect. On a $30,000 shipment, that’s an extra $43,500. You think businesses are gonna keep prices the same and eat that? They will go bankrupt.

Anyone else suffering from faux rage exhaustion?

doesnt sound very free market to me

if they raise prices because they have to, thats just normal

if they raise prices because they can get away with it, thats kinda nasty though

Hahaha, get fucked both of them

Hahaha! This is the ONE time I agree with Trump.

All defending the house that Sam built, it is the richest company in the world by revenue beating out Amzaon and state owned organizations like Saudi Aramco and Chinese controlled organizations. It regularly bullies its way into small towns, demanding tax cuts and the infrastructure to build their stores, run those stores at a loss until all competition is gone then raises prices to squeeze out the area. Then is happy to shut down the "bottom performing stores" leaving a wasteland behind for these towns that lost everything to the mega giant. They're turning the home town of Bentonville into Austin, even driving out local business for their friends out of Austin.

And the biggest thing is... Project 2025, all of this going on, written by the Heritage Foundation... The Walton Family Foundation is one of the big funders of the Heritage Foundation as well as many of the other Project 2025 advisory board partners. They made it easy to search even! https://www.waltonfamilyfoundation.org/grants-database

I've come from its home town, Walmart has always pushed a radical republican conservative agenda. Walmart is not some hapless victim, this is pure 100% leopards dining on some faces that voted for the leopards eating faces party.

It's depressing how important this is. Walmart is core to a lot of American's purchasing. If Walmart decides to kiss the ring, even for a while, when they stop could determine when a wave of anger will hit, maybe even control the midterms. If they just pass on the prices now, many americans' cost of living is going to soar, right at the same time many of them will be facing layoffs as businesses choke to death on materials costs.

Anyone else remember what happened last time large numbers of americans experienced large amounts of free time? Do you think they'll be any happier when they are experiencing that level of free time without the benefit of CoViD stimulus? A lot of people are going to get hurt.

Old man yells at clouds. Too old and too much dementia to run the country.

This asshole isn't dead yet?

Why not refund the taxpayers cost of tariffs from the tariffs collected? Tariffs are being broken out on invoices, file the tariff tax as deductions on 1040’s. It would be a wash for the taxpayers.

If he's supposed to be such a great businessman, why is he angry over this? This is exactly what a business does in a tariff situation. No business willingly reduces its margins, it just passes the costs onto the customer.

WalMarts whole thing is tiny profit margins

They literally don't have a choice. It isn't about giving up profit margins, it's about having a profit margin AT ALL.

Reality does not conform to dementia hallucinations. This is what happens when you vote for a geriatric cantaloupe.

And once the trade war is done, the prices will remain higher due to "record profits" and "people will continue to pay it because they have to".

What the fuck did this moron think was going to happen?

Well Walton family, you know what you have to do.

Just more displaying that the rich, and particularly rich people like trump, live in the land of no consequences. They make demands that others pay for, never themselves, and when underlings defy them they become furious. Walmart CEOs are underlings, now.

The Waltons didn't spend MILLIONS OF DOLLARS ELECTING TRUMP just so he'll YELL at Them! MAYBE with a Couple More Million he'll STOP IT!

Trump rages at truth, facts and concrete .evidence

Man he really is the American lukashenko D:

Perfect malicious compliance opportunity: the price tag stays the same, but add an itemized Trump Tax for the difference.

If Walmart really loved Trump, they'd sell their items at a loss to own the libs. Well, I guess I can't be too surprised, another woke corporation making excuses to jack up the prices. Trump said China'd pay the tariff so I don't see what Walmart has to do with it.