Showing posts with label Trump knows how tariffs work. Show all posts
Showing posts with label Trump knows how tariffs work. Show all posts

Saturday, May 17, 2025

Trump 2.0 - The king sets prices on goods sold in America

 


Once again, we see that he DOES understand how tariffs work. He wants companies to "eat the tariffs" - meaning, he knows the other countries don't pay them.



Thursday, May 15, 2025

Tighten your belts, MAGA

 

The world's largest retailer, which had pledged to hold the line on pricing, said it was now too late to avoid higher costs for consumers, even with the China trade deal earlier this week.

[...]

Consumers could see prices increase as soon as the end of May, John David Rainey, Walmart's chief financial officer, said in a CNBC interview Thursday.

"We're wired for everyday low prices, but the magnitude of these increases is more than any retailer can absorb," Rainey said. "It's more than any supplier can absorb and so I'm concerned that consumer is going to start seeing higher prices.

  Axios
If fucking Walmart doesn't think they have enough wealth to absorb prices, who does?

UPDATE 05/17/2025: