1/5
@JonahDispatch
I’m old enough to remember — because I’m not a newborn infant — when Trump said tariffs were paid by other countries. How can Walmart eat tariffs when they’re not already eaten by other countries?
2/5
@gregmcantwell
Also—The purpose of a tariff is to raise the price of imported goods, to give domestic goods a competitive advantage. If Walmart “eats” the tariff, what exactly is the tariff accomplishing? The answer: nothing.
3/5
@Cryptic_Vyper
Here is the flaw in the tariff logic you stated. Corporations in the US that sell US goods, have a fiduciary legal responsibility to their shareholders, not the customers. When a similar foreign product is tariffed, the price goes up on the foreign item. But under US Law
4/5
@NixonLB
conceptually, Walmart would be incentivized to pivot to a domestic/non-tariffed product that would allow for higher margins. it doesn't have to be higher for the customer in order to motivate change in the supply chain.
5/5
@MattRo1753
You could set tariffs at 1000% and they still would not bring manufacturing back here.
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Everything and everyone Trump touches learns the hard way. L's all around
