This is a fancy way of saying what Walmart said on their earnings call this morning.
IIF: “.. While domestic firms initially absorbed much of the tariff impact through margins and pre-policy inventories, that cushion seems to be now gone. As Q3 unfolds, final goods are expected to be increasingly priced at the new, tariff-inclusive cost base .. shifting .. toward final consumers.”
USAians are going to find out why everyone says tariffs are just a tax on the poor.
The waters are rising, not quite lifeboat time, but might not be long.
I would like to know what he has done with the $billions he says he has taken in in tariffs already. Where is that money going? Not lowering our deficit. Is it going into his damn pocket? Where is the money?
Your little blonde maga Barbie co-host sure is working hard to get a lead role at faux business it seems.
Bring it. The maga cult has to learn the hard way about their lying ignorant leader.
'Cause gods forbid company executives lose even a penny from their expansive pay packages.
I doubt any of them “absorbed” tariffs. It just took awhile to burn through their existing inventory.
Congratulations, America
Not to mention the coming quarter is the highest sales season and by raising prices in the name of tariffs they will have record sales most likely.
Go higher & higher
This is only for Walmarts in Mexico, though. They're paying the tariffs, and building the wall ...
Hey, give #Trump a break. He has to pay for his: -Billionaire Donors Tax Cuts
Is America Great Again yet?
(Billionaires response) “YES! We LOVE #Trump & the new American #Fascist Party”
Prices are rising and my 401k balance is falling. Trump you suck. You grifter.
Translation: the Orange Mussolini lied about everything.
Trump Tax
Boycott Walmart
Impossible. Tarrifs are magical beautiful policies that only have positive energy
The Holiday Season of Finding out is going to be rough. And I hope it hits the Red hat fck Around Society the hardest. So hard they start voting blue
it should be obvious that whatever markup an importer uses, when he puts cost of goods in the spreadsheet the price plus the tariffs is what goes in that cell. what difference would there be between a $90 product with a $10 tariff and a $10 product with a $90 tariff? both are cost=$100.
"Fuck them poors."
Can't wait for Trump to start threatening them if they refuse to lower prices.
It's a "Predator vs Aliens" scenario for us, but it should be as entertaining/terrifying as watching two Kaiju fight.
Coffee I bought at Walmart on Aug 1 for under $10 is now over $16.
WMT “Increased sales among upper income customers that wouldn’t usually shop there”
That is horrible news
Look out 👀
"Tariffs" are the SALES TAXES paid by the bottom 99% Americans to keep the deficits down on the INCOME TAX Cuts for Billionaires that Trump did not do in his 1st term, adding $8 TRILLION to National Debt
Other deficit reduction: SLASHING Medicare, Medicaid, Obamacare & Social Security
Thank you Carl. You’ve been around a long time and always “tell it like it is” Not many doing that!
Uh, Sam, that could earn you a night or 2 in the stockade … (there could be someone over there in the trumpzi regime that translates your financease to mean “tariffs = rising prices for U.S. …🤷🏼♂️)
We knew that pretty quickly. 1-2 qtr at MOST companies would re-prioritize earnings and margins
Don't worry the flation part of stagflation will only be "transitory".
Toldja, says all of us who know how tariffs actually work.
Trumpflation is back.
Can't wait for you to interview another trump dumbass and have him make shit up
Walmart has been raising their prices for months. Eggs holding at $4, butter $ 1 to 2, hot dogs (20 pk) $3, Heavy cream $2, to name a few. Sugar free products like G. Hughes at least $2. It's worse at other stores.
Walmart shopper here: Ground beef $9/pound compared to about $5.50/lb a few months ago. Coffee: $8/lb. compared to about $6/lb (just weeks ago). Avocados: 90 cents each now compare to 50 cents each earlier this year. Chicken, milk, eggs, butter all up! Trump: "I did that."
Good thing the AI investments ar looking really stable right now, right? Well, at least w have Bitcoin… oh.
Yeah, September is shaping up to be a Butchers Ball.
Already being seen in some of their products.
The Folgers usually runs around $6~9 a can depending if it's on sale and/or what store you're shopping at...
Nothing warms the hearts of CEOs and investors like negative q4 growth.
