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Reply to "What does eat the tariffs mean?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]And Walmart is a very profitable company so while they likely can’t eat the entire tariff they could indeed help absorb some cost. The downside is that then their profits decrease and their share price will decrease. This does matter because people’s retirement savings are in the market. What we are seeing is the challenge of making central market decisions in a capitalist system. While I’m all for Walmart absorbing some cost and any true Dem should be as well - a better path would have been if there was greater certainty of which tariffs would stick to allow investors to reallocate their portfolios accordingly. [/quote] "What we are seeing is the challenge of making central market decisions in a capitalist system." Exactly! Will Trump issue an Executive Order that establishes a price freeze on Walmart, etc.? It's giving Chinese and Russian Communism, Five-Year Plan vibes. Did Trump truely graduate from Wharton? He is clearly a wannabe commie dictator. Adam Smith is rolling over in his grave.[/quote] Unless he is going to use the military to put a gun to the CEO of Walmart's head, he doesn't have the power to do this. we are not China or Russia (yet)[/quote]
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