Thursday, May 16, 2019

Walmart to raise prices

Extra Extra read all the BSart

Walmart says higher tariffs on China goods will increase prices for U.S. shoppers, what it should say is Trump is trying to recover the lost income from the tax breaks he gave himself.

Walmart said the company will also try to obtain products from different countries and work with suppliers to blunt the impact of higher tariffs.  I'll bet once WalMart and many others raise their prices that even if the tariffs go back downt the prices will stay high with the excuse they bought them at higher prices.  Which would be a big lie.
The higher tariffs have barely been applied, the merchandise that will garner the higher tariffs have not even reached the shelfs, but Walmart is already chompping at the bite to raise prices.  Already publishing the punishing news that prices will go up. 
Will I pay more for only goods from China?  or will they distribute the cost increase across the board?  Can I avoid goods made in China?  I bought a TV from Samsung it says assembled in Mexico,  what tariff do I pay? It's probably filled with parts from China.   
Let's ask the big question,  when is something made in China?  when is made someplace else?  Will China try Transhipping?   I'll bet you all thought this was simple just don't buy things from China.  Who goes to jail if they are Transhipping?     Do you know why Trump's red ties are so long?  It's because his factory in China saw him and they thought making them long would be a good thing.  So Trump ended up with a ton of ties that are too long.  We call those IR's like Trump they are Irregular.

Walmart said the company will also try to obtain products fr

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