fukhueson@lemmy.world to

News@lemmy.world · 8 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

fukhueson@lemmy.world to

News@lemmy.world · 8 hours ago

cross-posted to:
[email protected]

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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5 hours ago
Yep, and the prices will stay high even after the tariffs are gone.

Grocery stores are the worst about this too. Prices are still absurdly high despite there being no more supply issues from covid.

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