Reply to What does eat the tariffs mean?

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[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]

Why would your version of a “true Dem” be in favor of Walmart absorbing some of the cost of Trump’s tariffs? Most Dems would not be in favor of the tariffs at all — particularly ones as poorly thought out as those have been.  While it would stabilize things to know what tariffs will “stick” — the tariffs were stupid and completely unnecessary in the first place. There is no brilliant goal here that Trump’s tariffs address. He wanted to punitively fling his power around, and didn’t care who suffers in the process. That’s it.

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