Trump promised voters tariffs are a panacea for the economy, but Walmart finance chief John David Rainey warned they will be inflationary for customers.
No, it’s Walmart saying that any costs due to Trump’s tariffs will be paid by the consumer because they’re not going to take a pay cut to offset the costs.
Sounds like both to me. The genuine increase of price to customers due to Trump’s policy, presents an excuse for Walmart to seem good while prices increase, even while their aim is to aggressively maximise profits for themselves.
Like how energy prices in England have skyrocketed with the genuine fallout of the Russian Ukrainian war, but energy companies appear to have taken the opportunity to skim off extra profits for themselves.
No, it’s Walmart saying that any costs due to Trump’s tariffs will be paid by the consumer because they’re not going to take a pay cut to offset the costs.
Sounds like both to me. The genuine increase of price to customers due to Trump’s policy, presents an excuse for Walmart to seem good while prices increase, even while their aim is to aggressively maximise profits for themselves.
Like how energy prices in England have skyrocketed with the genuine fallout of the Russian Ukrainian war, but energy companies appear to have taken the opportunity to skim off extra profits for themselves.
Oh they’re certainly going to take advantage of it