Tariffs were sold as something only exporters pay. Now, Walmart is raising prices, and Trump tells Walmart to “eat the tariffs” and not pass on the burden to the consumers.

https://i.redd.it/lthzpmql2d1f1.jpeg

by wakeup2019

28 comments

  1. Walmart has a net profit margin of 3%. China merchandise makes up 60+% of merchandise sales.

  4. Then when walmart says no, I wonder who will have to pay for the tariffs.

  5. I believe that he for the longest time thought that foreign exporters paid the tariffs.

  6. “As they say, “Eat the Tariffs.” Who says that? I’m not familiar with this well-known phrase.

  7. But, but, but…. I was told CHAAINA will be paying the tarrifs?!? If I wasn’t so dumb I could have guessed that he’s been lying from the beginning. MAGA /s

  8. Trump and MAGA are about to find out how old money in the United States works. The Walton Family don’t give a fuuuuuck.

  9. Chump is upset with the Waltons for not getting on their knees and sucking the mushroom.

  11. I’m so sick of this asshole, fucking man baby. He has to be the dumbest fucking guy that ever owned a business

  12. We did it boys.

    Instead of “Let them eat cake,” we got “let them eat tariffs.” The perfect out of touch phrase that should haunt this administration to try and defend.

  14. Look at what a socially promoted D+ Wharton grad can do!

  17. I mean, I hate trump and this whole trade / tariff war is stupid, destructive and is being done all wrong…on the other hand he’s not wrong, Walmart makes enough to eat the cost and it only would effect shareholders and ceos…

  18. Trump will do everything in his power to maximize profits for his companies, but god forbid anyone else who does the same. Wal-mart isn’t t going to give up profits to make up for Trump’s bone headed moves.

  19. Just increase corporate tax rates if your goal is to reduce business profitability.

  20. Truly a genius comment. The greatest economic mind of our time. Never been a biglyer brain.

  21. Trump should start charging $10 a night for hotel rooms and eat the rest.

  22. I’m an American small business owner and importer of record. I’m the one who pays the tariff on the goods I import.

    I just had a $20k shipment sit in China literally waiting for Trump to change his mind. I shipped it the day after they went from 140% back down to 30%.

    I didn’t have to wait. I could have done what the Chinese always do. They undervalue their products, apply the wrong product codes and ship via DDP (delivered duty paid) which means they pay their duty ahead of time before their items leave China.

    The amount they end up paying to ship is not even remotely what the tariffs indicate it should be. I know, because I got DDP rates from my supplier 2 weeks ago. DDP shipping leaves me at risk with Customs. My shipment could still get inspected and I would get hit with a bill that would put me straight out of business. That’s why I waited.

    Typically an American business will use freight forwarders and will be required to hand power of attorney over to a customs broker. They are completely above board and will flag my shipment if they think it’s undervalued. If I submit false documents and get flagged I’m done. For good. I might even go to jail.

    Meanwhile, the Chinese are paying a tiny fraction.

    This whole trade war hurt us Americans more than anyone else in many ways the average American wouldn’t see. the Chinese already paid way less than us, but now that difference is enormous.

    China already had a number of competitive advantages, but Trump’s trade war has handed them a MASSIVE win on several different fronts.

    Meanwhile, there’s over 100k American small businesses like mine that are on the verge of being forced out of business. This is how I feed my family!

    Thanks Trump. Moron!

  24. Yeah because a corporation’s responsibility is to bankroll idiotic government policy lol

  25. Walton family has combined income of 432.4 billion. Billionaires fighting Billionaires and we are nothing but fodder.

  26. trump is an idiot. funny, past presidents would appoint folks more knowledgeable in a subject to their cabinet. not trump, he finds folks with far less brain cells to appoint. the election (despite platitudes to the contrary) 🐑 💩 was about the rich vs everyone else. look at trumps coronation and who attended, then look at who owns the media outlets. you have to be a publican to not see the resulting outcome

Comments are closed.