Create Account



The Jungle is self-supported by showing advertisements via Google Adsense.
Please consider disabling your advertisement-blocking plugin on the Jungle to help support the site and let us grow!
We also show significantly less advertisements to registered users, so create your account to benefit from this!
Questions or concerns about this ad? Take a screenshot and comment in the thread. We do value your feedback.
Walmart just leveled with Americans: China won’t be paying for Trump’s tariffs

#5

(11-25-2024, 12:06 AM)Jag149 Wrote:
(11-24-2024, 09:18 PM)WingerDinger Wrote: [Image: SG7kT.gif]

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)

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.
Reply


Messages In This Thread
RE: Walmart just leveled with Americans: China won’t be paying for Trump’s tariffs - by TDOSS - 11-25-2024, 08:05 AM



Users browsing this thread:
1 Guest(s)

The Jungle is self-supported by showing advertisements via Google Adsense.
Please consider disabling your advertisement-blocking plugin on the Jungle to help support the site and let us grow!
We also show less advertisements to registered users, so create your account to benefit from this!
Questions or concerns about this ad? Take a screenshot and comment in the thread. We do value your feedback.


ABOUT US
The Jungle Forums is the Jaguars' biggest fan message board. Talking about the Jags since 2006, the Jungle was the team-endorsed home of all things Jaguars.

Since 2017, the Jungle is now independent of the team but still run by the same crew. We are here to support and discuss all things Jaguars and all things Duval!