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politics @lemmy.world · 21 hours ago

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

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

Jesus@lemmy.world to

politics @lemmy.world · 21 hours ago

cross-posted to:
usa
news@lemmy.world

Trump promised voters tariffs are a panacea for the economy, but Walmart finance chief John David Rainey warned they will be inflationary for customers.

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h0rnman@lemmy.dbzer0.com
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I saw it explained best like this

Current imported price: $30

Current locally made price: $35

New imported price: $70

New locally made price: $69.99

politics @lemmy.world

politics@lemmy.world

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