Walmart made BILLIONS OF DOLLARS last year, far more than expected.
Under Joe Biden's absolutely terrible, awful, most baddest saddest America-lastest economy?
this post was submitted on 17 May 2025
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What the fuck do you think businesses are gonna do? Their costs went up. Planet Money podcast had an interview with a small business owner that had to pay the 145% tariff on her imports ordered before the tariffs went into effect. On a $30,000 shipment, that’s an extra $43,500. You think businesses are gonna keep prices the same and eat that? They will go bankrupt.
This just happened to adafruit too
https://blog.adafruit.com/2025/05/08/high-tariffs-become-real-with-our-first-36k-bill/
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This is one of the most glaring problems with tariffs. Companies raise their prices and the tariff becomes basically a tax on the people. But within that is hidden the fact that gigantic companies can often hold off on raising prices because they have the money to deal with it in the short term and the massive markets to pull in discounted prices from suppliers. The result is humongous businesses like Walmart keep their prices low through the tariffs while your mom and pop shop down the street has no choice but to raise prices or go out of business cause they don't have the kind of margins bigger companies do. They raise their prices, everyone flocks to huge businesses like Walmart who kept their prices lower, then mom and pop close up shop cause they aren't selling anything at the higher prices. Then Walmart can do whatever they want cause they just tagged tariffs into the ring and murdered the competition. Tariffs have their place but they largely suck ass in a multitude of ways.
Dear 47, tariffs are essentially sales taxes based on origin rather than point of sale. If a business has, lets say, a 2.5% profit margin they cannot “eat” tariffs larger than that because to do so would defeat the purpose of being in business (to make profit) in the first place, and said business would soon be bankrupt. I know you know what that is, having numerous failed business’ yourself.
I just looked earlier today at WalMart’s self- reported profit margin for FY 2024, and it was approximately 4.2%. I had much the same thought. Even if tariffs are only raised by 10% on their imported products, that has the potential to completely disappear their profits. I’m enough of a socialist-leaning person to need to point out this: The American conception of corporations only purpose being profit machines has only existed in its current form since he 1980s, and is not an absolute law of economics. However, I’m certain that Trump is only interested in making Trump look good.
casinos were done on purpose to launder russian money through his properties.
tariffs are essentially sales taxes based on origin rather than point of sale.
I’m guessing this will make sales taxes go up too. We are now paying taxes on the taxes.
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Walmart should put up price tags showing how much of the price is "Trump Tax".
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This asshole isn't dead yet?
If he's supposed to be such a great businessman, why is he angry over this? This is exactly what a business does in a tariff situation. No business willingly reduces its margins, it just passes the costs onto the customer.
His uninformed voters buy it.
It's that simple. That and Trump is used to bullying.
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Reality does not conform to dementia hallucinations. This is what happens when you vote for a geriatric cantaloupe.
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Well Walton family, you know what you have to do.
Get rid of Trump like they got rid of 1000s of small American businesses and well paying jobs?
Live life as best you can as God fearin' mountain folk?
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Trump rages at truth, facts and concrete .evidence
The Waltons didn't spend MILLIONS OF DOLLARS ELECTING TRUMP just so he'll YELL at Them! MAYBE with a Couple More Million he'll STOP IT!
NGL, it's hard to be mad at him for telling megacorporations to eat it. But it's the workers who will suffer.
The only reason Trump told corps to take the tariff loss is so that Trump and Republicans don't.
He created the problem and expects other people to take the blame. Standard operating procedure.
Workers and the customers. Walmart does have a captive audience in some regions where they priced all local businesses out of competition and they're often the cheapest option available for lower-income shoppers without much disposable income.
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Why not refund the taxpayers cost of tariffs from the tariffs collected? Tariffs are being broken out on invoices, file the tariff tax as deductions on 1040’s. It would be a wash for the taxpayers.
Well you see the problem here is that you're using your brain and well we just can't be having that
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He really doesn't understand tariffs or business or, really much of anything, does he? Businesses pass on costs to consumers, if the government intentionally increases costs China isn't paying it, Walmart isn't paying it, where does he think the money comes from?
I have a very good relationship with a small bookstore here, a lot of their magazines are printed in Canada and a lot of their books are printed in China. I'm VERY worried for them.
They aren't in a position to absorb the costs, but at the same time, raising prices will turn off their customers. And they BARELY survived Covid.
They can't go to companies like Marvel and go "Hey, pretty please, with sugar on top, can you stop printing in Canada and China?"
Capitalist mad at another Capitalist for... doing basic Capitalism stuff...
🤔
I thought tariffs are a tax on other countries that they have to pay? And even if that's wrong, it's wrong for companies to raise prices when goods become more expensive. /s
Oh, I hope his cult boycotts wal-mart.
Poor people can't really boycott necessities. Doubly so when the other option is a dollar store or convenience store.
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Nice job, dipshit
The price is no longer right