>WASHINGTON, May 17 (Reuters) – U.S. President Donald Trump said on Saturday that Walmart should „eat the tariffs“ instead of blaming duties imposed on imported goods for the retailer’s increase prices.
>His comments were in response to the world’s largest retailer saying this week that it would have to start raising prices later this month due to high cost of tariffs.
>“**Walmart should STOP trying to blame Tariffs as the reason for raising prices throughout the chain.** Walmart made BILLIONS OF DOLLARS last year, far more than expected,“ Trump said in a post on Truth Social. Between Walmart and China they should, as is said, ‚EAT THE TARIFFS,‘ and not charge valued customers ANYTHING.“
>A representative of Walmart could not be reached immediately for comment.
If tariffs don’t raise prices, then what exactly would Walmart be eating?
wickedhip on
They should tell him to eat his tiny mushroom dick.
peon2 on
Grocery stores can’t just „eat the cost increases“. They are low margin, very high volume industries. Walmart has a net profit margin of less than 3%, Kroger is even lower at around 1%.
Sarcasmgasmizm on
So who’s getting rich with the tariffs again?
PaintByLetters on
what he’s actually mad about is companies simply passing the cost into the customers rather than paying him kickback to drop the tariffs in whatever specific industry. It’s racketeering.
Dapper_Peanut_1879 on
Can’t wait for MAGA to start boycotting all the businesses that contributed to Trump’s campaign knowing he was going to create this situation. They’ll blame Walmart, Amazon and everyone else but not Trump.
It’s the cycle of greed and karma
thrifterbynature on
Trump doesn’t understand tariffs and he never will.
Proof_Bit_8746 on
And you know damn well that once the prices go up they aren’t ever coming back down
mkt853 on
Does it work like that? The president just tells companies what their prices are going to be? I remember Republicans losing their minds that Harris was suggesting price controls (which she wasn’t) never mind ordering it be done as president.
Dockers4flag2035orB4 on
Yeh, na.
USA is still a free country, and business are free to pass tax increases onto consumers.
Consumers are free to spend their money elsewhere.
Ultimately voters are free to vote out the clowns who cause this economic crisis.
WebMD_PhD on
Tell Trump to let the secret service stay at his hotels for free and eat the cost of the room…
LightYagamiConundrum on
You want walmart to eat the tariffs?
You want walmart to eat the tax.
How about we just…. tax the rich????
Eat_the_Rich1789 on
„Let them eat tariffs“
Queen Don
Grimlockkickbutt on
He has gone so far right he’s gone left lol. Or at least that would be true if he wasn’t just using the federal government as his own piggy bank
F---TheMods on
Big genius business brain here folks.
Ok_Proposal_321 on
Problem is Walmart can’t. They are high volume low margin business, and as a publicly traded enterprise they have a fiduciary duty to their stockholders
MightyTaur on
Even Donald Trump does not understand how tariffs work
SharpMind94 on
Hold up!
Its been said that the exporting country pays the tariff. Now its the importer’s company that pays it?
Make it makes sense!
Blue_Swirling_Bunny on
So Trump raises prices via tariffs, then tells businesses to eat it, basically hurting businesses for no reason; and you know that they aren’t going to „eat“ anything. That’s a job for the poors.
Im_gumby_damnit on
What a fucking piece of shit this asshole is!
PickleFart9 on
A solution for all these companies, that they will unfortunately never do, is to display the additional cost of the item due to tariffs separately along with the normal sticker price.
AmbivalentFanatic on
Because the government dictating how companies do business is what the free market is all about!
Best_Biscuits on
He’s an idiot if he thinks Walmart will eat the cost of the tariffs. Walmart of all about profit and stock price – that’s it. Profit and stock price.
Harry_Mud on
As if tRump is some sort of expert on business. He’s not. 6 bankruptcies says he’s an idiot. Telling any company to eat the tariffs is just stupid. The importer pays the tariffs and passes it to the consumers. Costs will go up because of tRumps stupidity. It’s that simple.
Syronxc on
A few months ago, I warned one of my wealthy clients what effect these tariffs would have on their construction process. They are building a massive home and while the structure is done, all the fixtures, counter tops, tiles etc still need to be put in.
Last week he sent me the report about how much the tariffs had “raised”. He pointed out it was record numbers and that I was getting my information from the wrong bias media sources.
Friday he got his first counter top delivery. Nearly 2k in tariff fees. UPS wouldn’t deliver it without a check. He was beside himself.
But even with this direct evidence, he still feels it’s the right thing to do because it’s teaching the rest of the world not to mess with USA.
I’m reminded of the age old saying. A fool and his money…fortunate for him, he has a lot of money to burn, unlike most people I know.
ABearDream on
Imagine if he just raised corporate tax rates instead of just implementing tariffs and begging the companies to just eat the cost
Chuckworth on
Wait, wait, wait, wait…so you’re telling me…he could have just told Walmart to lower their prices any time…like, for eggs? Or other staples? He was willing to do this so he didn’t look like an idiot, but not to help struggling families.
PaulaDeenEmblemier on
I thought Republicans were for the free market?
MicroSofty88 on
I mean I don’t disagree with that, but it’s not realistically going to happen and it contradicts trump’s earlier statements that foreign countries will pay the tariffs.
PacificSun2020 on
This is how Trump bankrupted his own businesses. He has no clue how anything works, other than grifting.
Hockyinc on
Can this fucking ape of yours just shut the fuck up for one day? Just a day? It’s a constant barrage of negative shit spewing from this asshole. It’s unbelievable. There is not a single positive attribute with this idiot.
Chance_Butterfly_987 on
Jesus what a fucking moron
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37 Kommentare
Sounds like a push for nationalized socialism to me
But, wait, I thought the foreign country paid the tariff.
Hah, this is the moment that business leaders turn on Trump. They ain’t sacrificing shit.
Walmart should do what grocers in Canada are doing.
[Loblaw rolls out ‘tariff’ symbols on products seeing higher prices due to trade war](https://www.ctvnews.ca/canada/article/loblaw-to-roll-out-tariff-symbols-on-products-seeing-higher-prices-due-to-trade-war/)
I see why so many of his businesses fail
>WASHINGTON, May 17 (Reuters) – U.S. President Donald Trump said on Saturday that Walmart should „eat the tariffs“ instead of blaming duties imposed on imported goods for the retailer’s increase prices.
>His comments were in response to the world’s largest retailer saying this week that it would have to start raising prices later this month due to high cost of tariffs.
>“**Walmart should STOP trying to blame Tariffs as the reason for raising prices throughout the chain.** Walmart made BILLIONS OF DOLLARS last year, far more than expected,“ Trump said in a post on Truth Social. Between Walmart and China they should, as is said, ‚EAT THE TARIFFS,‘ and not charge valued customers ANYTHING.“
>A representative of Walmart could not be reached immediately for comment.
If tariffs don’t raise prices, then what exactly would Walmart be eating?
They should tell him to eat his tiny mushroom dick.
Grocery stores can’t just „eat the cost increases“. They are low margin, very high volume industries. Walmart has a net profit margin of less than 3%, Kroger is even lower at around 1%.
So who’s getting rich with the tariffs again?
what he’s actually mad about is companies simply passing the cost into the customers rather than paying him kickback to drop the tariffs in whatever specific industry. It’s racketeering.
Can’t wait for MAGA to start boycotting all the businesses that contributed to Trump’s campaign knowing he was going to create this situation. They’ll blame Walmart, Amazon and everyone else but not Trump.
It’s the cycle of greed and karma
Trump doesn’t understand tariffs and he never will.
And you know damn well that once the prices go up they aren’t ever coming back down
Does it work like that? The president just tells companies what their prices are going to be? I remember Republicans losing their minds that Harris was suggesting price controls (which she wasn’t) never mind ordering it be done as president.
Yeh, na.
USA is still a free country, and business are free to pass tax increases onto consumers.
Consumers are free to spend their money elsewhere.
Ultimately voters are free to vote out the clowns who cause this economic crisis.
Tell Trump to let the secret service stay at his hotels for free and eat the cost of the room…
You want walmart to eat the tariffs?
You want walmart to eat the tax.
How about we just…. tax the rich????
„Let them eat tariffs“
Queen Don
He has gone so far right he’s gone left lol. Or at least that would be true if he wasn’t just using the federal government as his own piggy bank
Big genius business brain here folks.
Problem is Walmart can’t. They are high volume low margin business, and as a publicly traded enterprise they have a fiduciary duty to their stockholders
Even Donald Trump does not understand how tariffs work
Hold up!
Its been said that the exporting country pays the tariff. Now its the importer’s company that pays it?
Make it makes sense!
So Trump raises prices via tariffs, then tells businesses to eat it, basically hurting businesses for no reason; and you know that they aren’t going to „eat“ anything. That’s a job for the poors.
What a fucking piece of shit this asshole is!
A solution for all these companies, that they will unfortunately never do, is to display the additional cost of the item due to tariffs separately along with the normal sticker price.
Because the government dictating how companies do business is what the free market is all about!
He’s an idiot if he thinks Walmart will eat the cost of the tariffs. Walmart of all about profit and stock price – that’s it. Profit and stock price.
As if tRump is some sort of expert on business. He’s not. 6 bankruptcies says he’s an idiot. Telling any company to eat the tariffs is just stupid. The importer pays the tariffs and passes it to the consumers. Costs will go up because of tRumps stupidity. It’s that simple.
A few months ago, I warned one of my wealthy clients what effect these tariffs would have on their construction process. They are building a massive home and while the structure is done, all the fixtures, counter tops, tiles etc still need to be put in.
Last week he sent me the report about how much the tariffs had “raised”. He pointed out it was record numbers and that I was getting my information from the wrong bias media sources.
Friday he got his first counter top delivery. Nearly 2k in tariff fees. UPS wouldn’t deliver it without a check. He was beside himself.
But even with this direct evidence, he still feels it’s the right thing to do because it’s teaching the rest of the world not to mess with USA.
I’m reminded of the age old saying. A fool and his money…fortunate for him, he has a lot of money to burn, unlike most people I know.
Imagine if he just raised corporate tax rates instead of just implementing tariffs and begging the companies to just eat the cost
Wait, wait, wait, wait…so you’re telling me…he could have just told Walmart to lower their prices any time…like, for eggs? Or other staples? He was willing to do this so he didn’t look like an idiot, but not to help struggling families.
I thought Republicans were for the free market?
I mean I don’t disagree with that, but it’s not realistically going to happen and it contradicts trump’s earlier statements that foreign countries will pay the tariffs.
This is how Trump bankrupted his own businesses. He has no clue how anything works, other than grifting.
Can this fucking ape of yours just shut the fuck up for one day? Just a day? It’s a constant barrage of negative shit spewing from this asshole. It’s unbelievable. There is not a single positive attribute with this idiot.
Jesus what a fucking moron