Reply to Trump tariffs: ruin U.S. economy until 2040

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Great job, trump is art of the deal. Libs can't handle it they want Chyna to win[/quote]

US consumers ar now going to pay 30% more than what they paid in Janaury.
Trump got ZERO concessions from China.
Trump let China win.

Libs are upset because the US/Trump got played. What aren't you upset too?[/quote]

Exactly, the deal is the deal. For all the bluster we're now at 30% higher prices.[/quote]

It’s bad enough that Trump’s in charge but how do people not understand basic math? It’s 30% of the imported cost, not price! So if a company previously paid $5 for some plastic sh*t with no tariff and then charged customers $20, the new tariff will be $1.50 (ie 30% of $5) and the new price would be $21.50 (plus a further adjustment of sales tax) if they pass on the full tariff. [/quote]

That’s not Walmart’s business model — they have low margins, high volume, so consumers will feel it there.

I don’t shop there and never have. [/quote]

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