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

I’m not saying no one was warning us against tarrifs, just pointing out that Walmart specifically waited until after trump was elected (apparently twice now) to announce their warning about tarrifs.

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fukhueson@lemmy.worldOP

2 points

1 month ago

Ah, well let’s hope voters don’t need a third warning just from Walmart to realize the danger the next time this pops up.

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Hathaway@lemmy.zip

4 points

1 month ago

Walmart doesn’t have an obligation to educate the American electorate.

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this@sh.itjust.works

5 points

1 month ago

Yes that is true, so ask yourself why they would make such announcements after they know it won’t change anything. Best case scenario they are trying to save face for when the tarrifs drive up prices. Worst (and IMO most likely) case is that they use it as an excuse to further increase their profit margins, much like they and other stores did when there was an increase in inflation.

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Hathaway@lemmy.zip

3 points

1 month ago

While I don’t disagree, from a business standpoint, yeah, exactly what you said, the reality is they’re coming. When prices go up, they just told everyone who to blame, rather than trying to deflect after having to raise prices.

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