Trump vs. Walmart

[Morphine Prince 109,654]

The president ripped Walmart execs on Saturday for signaling tariff-driven price hikes that are poised to begin later this month.

"Walmart should STOP trying to blame Tariffs as the reason for raising prices throughout the chain. Walmart made BILLIONS OF DOLLARS last year, far more than expected. Between Walmart and China they should, as is said, 'EAT THE TARIFFS,' and not charge valued customers ANYTHING. I’ll be watching, and so will your customers!!!," Trump said in a post on Truth Social.

"We have always worked to keep our prices as low as possible and we won't stop. We'll keep prices as low as we can for as long as we can given the reality of small retail margins," a Walmart spokesperson told Yahoo Finance.

Walmart CEO Doug McMillon was among the CEOs who met with the president in late April to discuss tariff implications. A person familiar with the discussions told Yahoo Finance Walmart made a case to remove tariffs on China altogether as even lower tariffs would have major implications on prices for general merchandise items such as furniture and toys.

The Trump administration and China agreed to dial back tariffs for 90 days last week. The US tariff rate on China now sits at 30%, down from 145% at the height of the trade tussle between the economic superpowers.

Read more: https://www.yahoo.com/finance/news/walmart-should-eat-the-tariffs-trump-says-after-retailer-warns-of-looming-price-hikes-155126753.html

 

[Jawline4dayz 594]

5 minutes ago, Morphine Prince said:

Walmart should STOP trying to blame Tariffs as the reason for raising prices

 

6 minutes ago, Morphine Prince said:

Between Walmart and China they should, as is said, 'EAT THE TARIFFS,'

So tariffs do drive prices to go up. What a Bozo! 

[HotLikeMexico 6,535]

It’s never his fault is it?

[Ashley 10,236]

Yeah right he knew no company would take the loss, he’s just trying to pass the blame to look innocent to the Maga cult. 

[Bronco 24,953]

I mean I hate to agree with him. 

And its not out of support for the tarrifs.

But Walmart should eat the rising costs.

[INNA 3,788]

Where will the MAGA crowd shop if not WalMart? Dollar General?

[The Ew from Judas 1,516]

-introduce tariffs

-get mad at store for raising prices because of tariffs

 

foolproof. First Amazon, now Walmart, I love watching him get pissed off at companies realistically responding to something he introduced. Truly shows how little thinking he does 

[PartySick 172,486]

1 hour ago, Bronco said:

I mean I hate to agree with him. 

And its not out of support for the tarrifs.

But Walmart should eat the rising costs.

They (and every other retailer) should have prices that rise accurately to inflation. Meaning a 3% inflation rate causes a 3% increase in price as opposed to 50%+ that we have seen.

However, nobody should be on the hook for Trump's stupid ass trade war and unstable economy.

If anything, that NEEDS to be passed on to the consumers so they understand the consequences of voting for a maniac.

[Bronco 24,953]

36 minutes ago, PartySick said:

They (and every other retailer) should have prices that rise accurately to inflation. Meaning a 3% inflation rate causes a 3% increase in price as opposed to 50%+ that we have seen.

However, nobody should be on the hook for Trump's stupid ass trade war and unstable economy.

If anything, that NEEDS to be passed on to the consumers so they understand the consequences of voting for a maniac.

Prices should rise according to inflation.

But so should wages.

Because it is rare that prices raised by inflation go down when the wholesale costs get cheaper. 

[Cavadour 2,704]

4 hours ago, Morphine Prince said:

"Walmart should STOP trying to blame Tariffs as the reason for raising prices throughout the chain. Walmart made BILLIONS OF DOLLARS last year, far more than expected. Between Walmart and China they should, as is said, 'EAT THE TARIFFS,' and not charge valued customers ANYTHING. I’ll be watching, and so will your customers!!!,"

Yeah well. Do as i say but don't do as i do. Moron.

[Economy 52,844]

First of all Trump of all ppl should know how business works in thos Coporate world. Its to make money. They are not gonna operate at breakeven costs in order to absorb tarrifs and take all the hit. Trump definitely wouldnt in hos shoes either

 

#2 while I hate corporate greed, there is some truth to that fact that retail margins are not as massive as one might think. They make billions because of the sheer size of their operations and total revenue but the profit per item in retail business is usually actually kinda low

 

This means even if out of the goodness of their hearts (never gonna happen) took all the hit they could take up until the point they made 0 profit and only passed on costs to consumers beyond that point to prevent putright losses, theyd still have to raise prices somewhat

[Economy 52,844]

2 hours ago, Bronco said:

Prices should rise according to inflation.

But so should wages.

Because it is rare that prices raised by inflation go down when the wholesale costs get cheaper. 

All of this is fine and I agree and all but regardless of greed, the fact wages should be higher etc...

 

Even so the tarrifs are too high. Theres no way they cant pass on at least some of the hikes. Walmart would operate at outright losses if they took all the tarrifs as you suggest

 

The tarrifs are higher than their profit margins so this would involve selling items at an operating loss. I may not like Corporate culture but Trump is still the bigger culprit here not Walmart

[Lord Mayhem 3,426]

It's amazing how he's telling billion dollar corporations to entertain his delusions that tariffs aren't impacting the economy, manufacturing, and businesses in general. 

And ironic he's now trying to reduce the tarrifs HE publicly stated he would implement yet its not his fault...

Dictator of Gaslighting 

[Flareon Voyager 379]

He’s just distracting everyone as usual.

i just wish all these corporations would use the the tariffs as a scapegoat for price hikes because this country needs to learn a hard lesson. 

And we’ll have to wait and see how “empty” shelves may start to get in the summer as shipments slow down.

just another day in bozzo land.

[Bronco 24,953]

3 hours ago, Economy said:

All of this is fine and I agree and all but regardless of greed, the fact wages should be higher etc...

 

Even so the tarrifs are too high. Theres no way they cant pass on at least some of the hikes. Walmart would operate at outright losses if they took all the tarrifs as you suggest

 

The tarrifs are higher than their profit margins so this would involve selling items at an operating loss. I may not like Corporate culture but Trump is still the bigger culprit here not Walmart

Walmart should have been more sensible about who they funded.

https://www.opensecrets.org/political-action-committees-pacs/walmart-inc/C00093054/candidate-recipients/2024