This asshole isn’t dead yet?
Thoughts and prayers.
Dear 47, tariffs are essentially sales taxes based on origin rather than point of sale. If a business has, lets say, a 2.5% profit margin they cannot “eat” tariffs larger than that because to do so would defeat the purpose of being in business (to make profit) in the first place, and said business would soon be bankrupt. I know you know what that is, having numerous failed business’ yourself.
I just looked earlier today at WalMart’s self- reported profit margin for FY 2024, and it was approximately 4.2%. I had much the same thought. Even if tariffs are only raised by 10% on their imported products, that has the potential to completely disappear their profits. I’m enough of a socialist-leaning person to need to point out this: The American conception of corporations only purpose being profit machines has only existed in its current form since he 1980s, and is not an absolute law of economics. However, I’m certain that Trump is only interested in making Trump look good.
“Bah! They can make it up in volume!” - Trump probably
Walmart made BILLIONS OF DOLLARS last year, far more than expected.
Under Joe Biden’s absolutely terrible, awful, most baddest saddest America-lastest economy?
If he’s supposed to be such a great businessman, why is he angry over this? This is exactly what a business does in a tariff situation. No business willingly reduces its margins, it just passes the costs onto the customer.
His uninformed voters buy it.
It’s that simple. That and Trump is used to bullying.
Capitalist mad at another Capitalist for… doing basic Capitalism stuff…
🤔
Take their tax benefit out Mr trump
Wow. I used to think he just couldn’t stop lying about tariffs…
But now I’m convinced he has NO idea what they are or how they work… NONE
He is exceptionally stupid.
“Donald Trump was the dumbest goddamn student I ever had.” - Professor William T. Kelley, Wharton School of Business and Finance
“This guy is a fucking Moron…”
—Rex Tillerson, Trump’s handpicked first Secretary of State
Yeah everyone tries to convince me he’s smart and the ignorance is an act but I don’t buy it. He truly is mega dumb.
He’s an idiot-savant. A total moron with a special talent for self promotion. Which it turns out gets you very far in life (along with the head start one gets being born wealthy).
No, he’s just profoundly mentally ill. His narcissism is a singular force of nature.
It’s really just the born wealthy. Your family is the biggest factor in success. That’s why so many rich fucks are dumb as posts, they’re born rich; they didn’t earn it, and they’ve never had to develop problem solving skills because they’ve never faced adversity.
Yup, see Elon Musk
Self promotion is a lot easier with a super rich daddy opening all the doors for you from jump. Don’t forget he’s a hardcore nepo-baby.
By that, I ask what smart thing has been done?
He developed a cult of personality around himself of significant size and used it to seize one of two pillars of political power in the USA, which then propelled him to power twice. Not smart as in “good for the world,” but pretty successful in the, “empowering and enriching oneself at the cost of the commons” sense.
He’s not though, he hires smart people and evil people while being a cult leader. He’s not test smart, but he is the president of the US and it happened twice.
That’s the thing about spending 70 years lying and having someone else fire anyone that disagrees…
You start believing it all.
Same shit happened to Elon and loads of other rich people, they stop getting real feedback and understanding that they’re being lied to.
The honestly believe their own bullshit, and they just don’t know how to react to the truth.
We saw it with the interview about the ms13 tattoo, trump doesn’t even know how to argue anymore, he’s used to everyone just agreeing with him, so when they don’t his only argument is “why aren’t you saying what I want you to say, do you not understand what I want you to say?”
Because that’s the only time they hear what they dont want to; when the person talking to them is confused about what they want to hear
That’s a bingo!
that’s the only time they hear what they dont want to; when the person talking to them is confused about what they want to hear
Sums up the online right and the futility of debating or arguing with them in any real fashion. This is the culture of JD Vance and Andrew Tate.
What the fuck do you think businesses are gonna do? Their costs went up. Planet Money podcast had an interview with a small business owner that had to pay the 145% tariff on her imports ordered before the tariffs went into effect. On a $30,000 shipment, that’s an extra $43,500. You think businesses are gonna keep prices the same and eat that? They will go bankrupt.
This is one of the most glaring problems with tariffs. Companies raise their prices and the tariff becomes basically a tax on the people. But within that is hidden the fact that gigantic companies can often hold off on raising prices because they have the money to deal with it in the short term and the massive markets to pull in discounted prices from suppliers. The result is humongous businesses like Walmart keep their prices low through the tariffs while your mom and pop shop down the street has no choice but to raise prices or go out of business cause they don’t have the kind of margins bigger companies do. They raise their prices, everyone flocks to huge businesses like Walmart who kept their prices lower, then mom and pop close up shop cause they aren’t selling anything at the higher prices. Then Walmart can do whatever they want cause they just tagged tariffs into the ring and murdered the competition. Tariffs have their place but they largely suck ass in a multitude of ways.
This just happened to adafruit too
https://blog.adafruit.com/2025/05/08/high-tariffs-become-real-with-our-first-36k-bill/
Yeah I’ve noticed my parts have gone up in price.
Wow, he’s taking the side of the consumers against the corpos for once.
You’re actually insane if you believe that. He is and always will side with himself. He’s throwing a tantrum because them raising prices will make him look bad. Regardless of what you believe about economics it is not reasonable to expect a business in a free market economy to eat the cost of a tariff. Again it is irrelevant that they are morally corrupt and probably could eat it.
His entire life is him taking advantage of stupid people and now he’s asking someone to help out the little guy? Get real.
Lol I hope you’re being sarcastic lol
Yeah, but because the inflation makes him look bad.
Reality does not conform to dementia hallucinations. This is what happens when you vote for a geriatric cantaloupe.
But cantaloupe are only orange on the inside. tRump is, as far as we know, only orange on the outside.
The Waltons didn’t spend MILLIONS OF DOLLARS ELECTING TRUMP just so he’ll YELL at Them! MAYBE with a Couple More Million he’ll STOP IT!
NGL, it’s hard to be mad at him for telling megacorporations to eat it. But it’s the workers who will suffer.
Workers and the customers. Walmart does have a captive audience in some regions where they priced all local businesses out of competition and they’re often the cheapest option available for lower-income shoppers without much disposable income.
Oh yes, I’m well familiar. https://m.youtube.com/watch?v=RXmnBbUjsPs * 3rd time’s a charm
I meant if they have to eat the tariffs.
The only reason Trump told corps to take the tariff loss is so that Trump and Republicans don’t.
He created the problem and expects other people to take the blame. Standard operating procedure.
He really doesn’t understand tariffs or business or, really much of anything, does he? Businesses pass on costs to consumers, if the government intentionally increases costs China isn’t paying it, Walmart isn’t paying it, where does he think the money comes from?
I have a very good relationship with a small bookstore here, a lot of their magazines are printed in Canada and a lot of their books are printed in China. I’m VERY worried for them.
They aren’t in a position to absorb the costs, but at the same time, raising prices will turn off their customers. And they BARELY survived Covid.
They can’t go to companies like Marvel and go “Hey, pretty please, with sugar on top, can you stop printing in Canada and China?”
Oh, I hope his cult boycotts wal-mart.
Poor people can’t really boycott necessities. Doubly so when the other option is a dollar store or convenience store.
There are other grocery chains.
Oh, I had no idea. Problem solved.
Trump rages at truth, facts and concrete .evidence
WHO SHAT MY PANTS!?!?
Clearly it was Biden.
