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Walmart just leveled with Americans: China won’t be paying for Trump’s tariffs
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11-25-2024, 12:06 AM
(This post was last modified: 11-25-2024, 12:12 AM by Jag149. Edited 3 times in total.)
(11-24-2024, 09:18 PM)WingerDinger Wrote: Walmart has already sourced 2/3rds of the merchandise they sell in the US. They have had a program for many years incentivizing domestic production. By 2027 80% will be made here. They are returning to their roots of everything made in US that is possible. Remember the commercials of Sam? The remaining 20% is spit between many countries a lot of which do not have the tariff imbalance China has. https://corporate.walmart.com/about/inte...t/sourcing The effects of this tariff balancing will be a lot less than the doomsayers and a bit more than overly optimistic people. Look at it this way. If you can produce a sea container of merchandise for about 15k-20k more than if it were made in China it would be about the same costs. A 40ft ocean container has a capacity of 2,390 cubic feet and can hold up to 20 standard pallets. (use 40 as the product would be floor stacked)
A new broom always sweeps clean.
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