Walmart just leveled with Americans: China won’t be paying for Trump’s tariffs, in all likelihood you will

It's a certainty, not a fucking "likelihood'. That's how they work.

But the question is, will American manufacturing make up for the costs? Or, will American manufacturing just raise their prices to match the tariffs and lump the profits into their executive bonuses. They deserve it after all for being smart enough to raise prices.

Pretty sure everyone was told this before the election.

Problem:

https://www.usatoday.com/story/news/education/2024/11/12/trump-election-win-college-educated-voters/76109508007/

"Harris outperformed Biden’s 2020 numbers among white voters with college degrees. Meanwhile, exit polling from NBC News gave Republicans a 9-point gain with voters who never attended college."

It doesn't even matter:

https://www.axios.com/2024/11/18/consumer-confidence-trump-republicans-white-house

Turns out, a lot of consumer mood is literally just people's social media feeds. Even if prices go up and QoL goes down, on average, consumers might feel better simply because Trump being in office makes them feel good.

I am not going to point out how monumentally problematic this is... Nope. There's definitely no bad precedent for that.

just like mexico paid for his 'wall'

100% guarantee price raises across the board, even for stuff not affected by tarrifs/mass deportation labor shortages.

It'll be covid all over again, an excuse to price gouge the fuck out of those who can least afford it.

There are two bright sides to this (and dark sides as well):

-This will decrease demand of Chinese goods in the U.S., hurting a country that is ... problematic to say the least. (Anyone remember the Uyghurs? The O.G. Gazens?) It probably won't shift demand back to the U.S. factories, but maybe it is time for another country to become the slave-labor-ish manufacturing capital of the world.

-When the prices skyrocket, along with food from all the missing immigrant farm hands, Trump will get blamed. I just hope this wasn't the plan all along and those "fake" inflation hikes back after covid weren't to cover for the real ones down the road.

Everything he will do contributes to anger, division and the collapse of the United States.

China will pay for the tariffs in the same way Mexico paid for the wall.

I feel like no one bothered to campaign against Trump.... until... AFTER he won

The I voted for him for cheaper eggs crowd are about to call this fake news.

Duuuh. Did they really think the company would just eat the additional costs? What a bunch of maroons.

Yeah, I mean I knew that, you knew that, Americans are so uneducated that the majority had no idea how basic economics work.

Well FAFO, we're all going to learn the hard way I guess.

I have a trick to get others to pay it for me:

buys that external drive I've been putting off for a while

The good thing about Trump is that other countries will try to get more independent from the US.

Oh, I thought he was fixing inflation!

Wow, what a shocker! Who could have predicted how that turned out?

Folks, listen closely, okay? Nobody understands tariffs better than me. Believe me, they’re tremendous, tremendous tariffs. And now Walmart – yes, Walmart, great company, big stores, huge – they’re telling you that YOU, the great American people, will be paying for these tariffs. And you know what? That’s fantastic news. Incredible. Let me tell you why.

First, it’s about sacrifice. The greatest country in the world doesn’t rise without its amazing, hardworking patriots chipping in a little bit more. And trust me, when you pay a little extra at Walmart for your cheap, uh, Made-in-China toasters, you’re not just buying a toaster. You’re buying FREEDOM, folks. You’re sticking it to the Chinese economy. No one else could get that deal done, okay? Only me.

Second, we’re BUILDING here, okay? When American families dig a little deeper into their pockets, that’s money going back into our economy. It’s like… MAGA economics, so smart you wouldn’t believe it. All of a sudden, Americans will say, "Hey, why am I buying Chinese stuff? Let’s buy American!" And BOOM – jobs. Factories humming. Steel, coal, maybe even wood, I don’t know. Beautiful stuff.

Third, let’s talk winning. When we pay these tariffs – our tariffs – we’re showing the world who’s boss. China thinks they’re so smart. So clever. Well, joke’s on them. We’re so good at tariffs, we’re making YOU pay them instead of them. Genius move, right? They won’t even know what hit them. Tremendous strategy. They’re probably shaking in Beijing.

And look, folks, I hear you. “But sir, sir, what about the prices?” And I say this: are you willing to pay a little more at Walmart to make America the GREATEST it’s ever been? I think you are. And if you’re not, then maybe you like China too much. Sad!

So remember, every time you spend a little extra at Walmart – and it’s a GREAT store, by the way, I love it, fantastic – just think of it as making a donation to America. To freedom. To ME – your favorite president – who is bringing the best tariffs, the best deals, and the best America you’ve ever seen.

God bless tariffs. God bless Walmart. And God bless the United States of America. MAGA!

Nobody here is surprised.

It's crazy how so many GOP supporters didn't know this...

thanks Walmart this is really good timing

Trump almost has it. If he can just be a slightly bigger ass on a slightly bigger stage, then he'll be happy.

Musn't give up too soon.

Realistically though, that's how tariffs just work. With products costing more, theoretically that should drive demand down and eventually lead to fewer imports. Of course, if there's still no competing product or the product is a basic necessity, then it'll likely just result in people paying more.

Don't worry, at least Americans are, on average, in possession of endless piles of extra money after the last decade. Elon says it's time for all of us to tighten our belts. We're just so fat with all that money we've all been saving!

I'm so glad he and the other rich chucklefucks trickled so hard on us.

I’m very glad I live in Canada.

Hearing more and more stories about companies cutting bonuses this year so they can buy more supplies now at cheaper prices. They know the prices will go up and they'll have to pass the increase to the consumers. But how much you wanna bet these companies will still raise prices even before they have to pay their tariff increases? They're gonna get extra money on the supplies they paid the lower prices on.

Fuck Walmart.

Gonna be real neat watching Republicans turn on corporate America and accusing them of price gouging when (for once) they're not.

They voted for nonsense looks like they are getting nonsense.

How will they call the new inflation and how are they going to pin this on not Trump. Curious how this is going to play out.

Mango Mussolini's tariff plans will increase prices across the board. The corporations earned record profits during the so-called inflation and the US consumers that voted for Cheeto are fucking clueless about the inbound out of control freight train.

I was promised cheaper eggs.

Welp,time to trade my cheaply made Chinese shit to expensively made cheap american shit.

Cry more. Americans chose Trump with eyes wide open and deserve everything that's coming to them.

Yes, this is not news. News is supposed to be new information, this is entirely well known information, which stupid people just didn't care about

idk why anybody is surprised, republicans are still going to lie about it, they will never admit how tariffs work, they are simply incapable.

Don't worry. Trump branded everything will be made by US  prison  slave labor and thus be a good 10% cheaper than the goods under tariff.

No shit.

And Walmart will but only by a tinsy tiny bit. That’s why they’re coming out and saying this.

Is it just me, or is the article paywalled?

Watching this thread to find if dot world hates Trump or China more

Yeah, no kidding we'll be the ones paying the donvict tax.

That's how it works. Imported products will be much expensive and local products will be able to compete and people will buy them instead of the ones coming from China.

That is the theory, but are there local products for the things that the US is importing? I don't think so. Also local companies may just align their prices with the imported stuff.