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[email protected] • 1 year ago

Walmart just leveled with Americans: China won’t be paying for Trump’s tariffs, in all likelihood you will

cross-posted to:
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Walmart just leveled with Americans: China won’t be paying for Trump’s tariffs, in all likelihood you will

@[email protected] to

[email protected] • 1 year ago

cross-posted to:
[email protected]

Trump promised voters tariffs are a panacea for the economy, but Walmart finance chief John David Rainey warned they will be inflationary for customers.

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@[email protected]
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fedilink
4•1 year ago
They are also super easy to explain. It is a tax. That is increasing yet another tax - vat.
- @[email protected]
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  fedilink
  3•1 year ago
  USA doesn’t have VAT
  - @[email protected]
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    fedilink
    2•1 year ago
    Cool. Sales tax then. Almost the same thing. Consumer pays it.

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