this post was submitted on 23 May 2025
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Perhaps, as a Canadian, stuff from Europe (and Asia, and Latin America) might go down a bit.
A lot of companies are unfortunately talking about raising prices globally so Trump doesn't retaliate against them.
So the whole world is paying his stupid tariffs.
Isn't it that they have their own counter-tariffs against the US including, unfortunately, Canada, but if anything, Canada is opening up to Europe.
Why would they include Canada in counter Tariffs against the US?
That makes absolutely no sense and smells like fake news
I seem to have written it poorly. Sorry, people.
I meant that Canada, like much of the world, has imposed retaliatory tariffs against the US.
Walmart told investors they are raising prices in the US to compensate for Trump's tariffs but he freaked out at them and now they are raising their prices worldwide instead.
Are they forgetting that in other countries there are other stores that don't have HQ in US?
Aldi, Lidl, Tesco and Carrefour will be happy to eat their lunch
So maybe I won't shop at Walmart as often. Their prices post-covid already went a bit high.
I'm not worried.
How many other companies are going to raise prices without saying why now?
I don't know, but it seems to me, in Toronto at least, that price increases have tapered off in the past 10 to 20 months.
I think that most of the places I shop are Canadian-owned, and I'm barely even trying to shop Canadian, or non-American, out of some supposed patriotic duty.
And here I thought we were discussing the prices of non-US stuff going down in the near future not that the price increases have tapered off in the last year or two.
They might. I don't know. If Trump sticks to his guns and keeps or raises the tariffs, and/or continues to go nutty with his "maybe-I'll-raise-them-maybe-I-won't" schtick, Europe, Asia, and Latin America will be so fed up with MAGAt USA they might dump some of the excess inventory on us, to the benefit of Canadian consumers.
Been a while since econ 101 but I think tariffs are calculated as a cost of production shifting the supply curve to the left and also decreasing demand which shifts the demand curve to the left as well which should result in a nearly net zero impact for the company itself.
Anecdotally, avocado prices have plummeted in Canada due to American demand "decreasing" resulting in excess supply.
It's just one source but it looks like avocados are the highest price they've ever been in Canada.
That's actually wild. I don't doubt it because more than a few wrenches were tossed into the supply chain but avocados in my specific city have been dirt cheap for a few months
https://www.walmart.ca/en/ip/your-fresh-market-organic-avocados/6000196795547?classType=REGULAR&athbdg=L1600
Apparently in Toronto you can get 4 organic avocados at Walmart for $7 (or maybe less than US$5).
How much does a walmart organic four pack of avocados weight?
Idk: maybe 150 grams to 250 grams each.
800 grams for $7 is $8.75/kilo or $6.37US/kilo which is right in that chart I posted's range for the last four weeks so I don't know what you are trying to say here.
Yeah, but they say they're organic.
โ
https://www.foodbasics.ca/aisles/fruits-vegetables/fruits/avocadoes-exotic-fruits/bag-of-avocados/p/033383401508
Apparently at Food Basics, until next Wednesday at least, a bag of 5 is selling for $4.88.
https://www.foodbasics.ca/aisles/fruits-vegetables/fruits/citrus-fruits/navel-oranges/p/033383119427
and a 3 lb bag of oranges is $5.98 (or maybe less than US$4.20).
Not if we already don't buy American.
source? examples?
Already posted one and you can find others if you put in the energy.
I call BS
I can't find anything on what you said about walmart. The fact that avocado prices were high in 2024 in canada doesnโt mean walmart is about to raise them even further.
I have googled, and I can't find anything on companies raising prices globally to get on Trumps good side. Most companies are dealing with boycott abroad, raising prices when their competitiors don't have to and for such a reason would be suicide I think.