Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
It was all fun and games until it hits WallyWorld. Shake it off, you can cover the added costs with all that cash you're saving from Trump's tax cuts, right? Right?
Tariffs will not impact the Walmart and other big box consumers as much as it will, small business consumers selling similar products. Big box has the advantage of volume.
"Walmart Chief Financial Officer Brett Biggs said in an interview that higher tariffs will result in increased prices for consumers. He said the company will seek to ease the pain, in part by trying to obtain products from different countries and working with suppliers’ “costs structures to manage higher tariffs.” "
excellent.
I wonder how much more blood can be extracted by those already squeezed supplier cost structures. More layoffs? Lesser quality? Perhaps purchasing from markets that exploit their workers more than the next third-world competitor? It sure won't be buying containers full of toasters made in South Bend, Indiana unless of course Walmart believes there are enough customers that support Trump's tariff fiasco to plunk down two Benjamin's to burn their morning toast.
It takes YEARS to build and create manufacturing jobs in this country. You don't just slap an open sign on an empty warehouse and start making things.
Yes you can, and they are around here and doing so in droves, I plan to open my furniture making facility around 1 June. I know of at least 20 hobby furniture makers, who after tariffs hit, found it made economic sense to expand, mostly with a good middle class line up, finally.
The US is not in any position to put pressure on China...remember how much US debt China owns!
They can turn the tables on us anytime they like.
So, we tell them to take it out of our ass!
Problem solved!
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
