{"id":66266,"date":"2025-05-17T14:00:49","date_gmt":"2025-05-17T21:00:49","guid":{"rendered":"https:\/\/www.newscorpse.com\/ncWP\/?p=66266"},"modified":"2025-05-17T14:00:49","modified_gmt":"2025-05-17T21:00:49","slug":"eat-the-tariffs-trump-admits-that-his-tariffs-will-raise-prices-but-blames-it-on-walmart","status":"publish","type":"post","link":"https:\/\/www.newscorpse.com\/ncWP\/?p=66266","title":{"rendered":"EAT THE TARIFFS? Trump Admits that His Tariffs Will Raise Prices, But Blames it on Walmart"},"content":{"rendered":"

On April 2, Donald Trump declared that it was “Liberation Day”<\/em> as he imposed a broad set of devastating tariffs on virtually every country around the world. Ever since then he has staggered like a drunken toddler between clawing back his ill-considered economic scheme and doubling down when it suited some indiscernible purpose that resided only in his twisted imagination.<\/p>\n

Click here to post this article on Twitter<\/a> or Click here to post on Bluesky<\/a><\/strong><\/p>\n

\"Donald<\/p>\n

The stock market responded with a certainty that it rarely exhibits by proceeding to crash more than it had in five years. It has since regained some of that decline due to Trump’s wavering and caving on alleged deals with the UK and China that don’t really resolve the problem, but generate some positive press. Although even his Ministry of Propaganda, Fox News, has not been sold on his tariffs\/taxes…<\/p>\n

SEE THIS: UH-OH: Fox News Trump-Fluffer Admits that Trump\u2019s Tariffs Will Fuel Higher Prices and Recession<\/a><\/strong><\/p>\n

For the most part, Trump has been insisting that everything he does is golden and that he is incapable of making a mistake. But that seems to have hit a speed bump on Saturday morning when he posted a comment on his failing Twitter ripoff, Truth Social<\/a><\/strong>, wherein he actually admitted – although likely inadvertently – that he is indeed responsible for the rising prices that the American people are all too familiar with, and the likelihood that the worst is yet to come. He wrote that<\/a><\/strong>…<\/p>\n

“Walmart should STOP trying to blame Tariffs as the reason for raising prices throughout the chain. Walmart made BILLIONS OF DOLLARS last year, far more than expected. Between Walmart and China they should, as is said, ‘EAT THE TARIFFS,’ and not charge valued customers ANYTHING. I\u2019ll be watching, and so will your customers!!!”<\/p><\/blockquote>\n

Trump’s threat aimed at Walmart to “EAT THE TARIFFS”<\/em> is an outright admission that the tariffs he is imposing would be paid by American businesses and the consumers who patronize them. That’s a complete contradiction of his prior claims that the foreign governments would pay the tariffs. And his accusation that Walmart is “trying to blame Tariffs as the reason for raising prices”<\/em> is actually Trump trying to blame Walmart.<\/p>\n

Trump is clinging to a kernel of truth when it notes that Walmart makes billions of dollars. However, he is ignoring that they make that money on narrow profit margins that will be erased if tariffs are implemented. He’s also ignoring the fact that consumers are already holding back on spending due to the economic strife that Trump has caused, and that will only continue to decline going forward.<\/p>\n

Trump’s solution is to coerce Walmart to set prices lower at his demand. How is that different from the communist price-fixing of totalitarian regimes where the state decides what companies can charge for their products? Apparently Trump is abandoning capitalism in favor of the economic model employed by his hero, Vladimir Putin. And the CFO of Walmart recently acknowledged as much in an interview on CNBC…<\/p>\n

\n

Trump cranked up tariffs against China to 145%. Then, to "fix" the problem he created, he walks it back to 30%.But according to Walmart's CFO, even that is too high. A $300 microwave oven would cost $390.<\/p>\n

— News Corpse (@newscorpse.bsky.social)<\/a> 2025-05-15T16:01:41.532Z<\/a><\/p><\/blockquote>\n