Comment on Walmart says it will raise prices due to tariff costs after posting solid first quarter sales

meliodas_101@lemmy.world ⁨2⁩ ⁨days⁩ ago

• BigMikeInAustin@lemmy.world ⁨2⁩ ⁨days⁩ ago

  China isn’t paying the tariffs. And companies aren’t paying the tariffs. It all depends on the American consumer paying the tariffs.

  source

  • lolrightythen@lemmy.world ⁨2⁩ ⁨days⁩ ago

    I’ll be going without for as long as I possibly can - (not just Walmart). I’d expect them to be able to hold out for longer, but I’ve been training my whole life for this whereas they are just greedy assholes.

    source
  • meliodas_101@lemmy.world ⁨1⁩ ⁨day⁩ ago

    Yes, that’s how they work. The point of tarrif is to make the foreign goods expensive for consumer so that the cosumer would choose a cheaper alternative that is made in America but, when there are no alternatives. It’s just another kind of tax from the consumer.

    source