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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)Jag149 Wrote:(11-24-2024, 09:18 PM)WingerDinger Wrote: Trump's last tax breaks - in 2017 - added $7 trillion to the US deficit/debt. Walmart is telling you upfront that Americans will pay for the Trump tariffs. Across the board. Every American company selling anything in the US will be passing their Trump tariff costs on to the American consumer. According to Trump during his campaign, he will levy a tariff on Chinese products of 200%-400%. From most other countries (that includes Canada and Mexico) 20% tariffs on everything that crosses the US border. The days of purchasing goods online at Chinese discount retailers such as TEMU are over and done. |
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