The enemy of my enemy is not a friend. Let them fight. 🍿

  • yggdrasil@ttrpg.networkEnglish
    2·
    10 months ago

    I will post this here too, since you double posted.

    This thought process is going kill small businesses that cannot absorb tariffs. If Walmart sell an item that I also sell in my shop and Walmart keeps the item the same price it was before the tariffs, but I have to raise my price, where do you think people are going to buy?

    Let us use Pokemon cards as an example. Packs are about $4.49. Typical keystone markup dictates we are paying ~$2.25 per pack (I wish I was paying that little for pokemon). But now there is a tariff of 50% and the manufacturer wants to pass that cost along to the consumer, so I am now paying $3.37 a pack, so if I want to keystone I need to sell at $6.75, while Walmart absorbs the cost and sells at $4.49. That does not look like too much.

    But what about a $150 board game? I am now selling it at $225 and Walmart still has it at $150, I look like the greedy bastard trying to milk my customers.

    • Clent@lemmy.dbzer0.comEnglish
      0·
      10 months ago

      Trump is literally demanding Walmart to play into their market dominance.

      He is an utter moron. Walmart has no need to do this, there’s little left of local markets for them to squeeze.

      He also does not understand the stock market. Walmart stock holders would not accept the company eatting the tariff tax.

      • Venator@lemmy.nz
        1·
        2 months ago

        I’m not sure if he doesn’t understand it, or he’s just aware that his voters don’t understand it. He’s just redirecting thier anger towards Walmart for the problem he created…

      • crusa187@lemmy.ml
        1·
        10 months ago

        Probably the same ones who paid for it all the way back in 1987, when their tax rates were 42.5%. They’re now half that, where did all that money go?

  • Troy@lemmy.ca
    1·
    10 months ago

    In other words, the Walton family needed to donate to his coronation