Hi, Unusual Whales. Do U know how to locate the stock trades disclosure filed by Treas. Sec. Bessent & spouse in Jan,?
I am sure I am not the only person following U who'd like to know this info. I tried to find it myself, after some1 mentioned it, but I couldn't. U know how to find this stuff. Thx
This is pure insanity. So if american companies are absorbing additional costs, how does this bring manufacturing back? They are just throwing shit against the wall to see what sticks. Just raising taxes on the rich could've avoided all of this nonsense and reduced the deficit.
It just means the pain might show up in different places. It just means they'll cut corners to "absorb"
Slower wage growth if that's even possible, tighter supplier contracts, or more hidden inflation down the line.
Someone always pays and it's always the consumer or employee.
I’m sure there were negations behind the scenes. Walmart will get a bunch of tariff exemptions in exchange for not blaming Trump when they raise their prices.
Comments
I’m no Walmart fan but they net 2.39% last year they cannot eat a 30% (or any) tariff
I am sure I am not the only person following U who'd like to know this info. I tried to find it myself, after some1 mentioned it, but I couldn't. U know how to find this stuff. Thx
https://finance.yahoo.com/news/trump-pick-treasury-secretary-discloses-185945791.html
Let's see how that plays out
That means instead of taxing consumers directly, Trump effectively raised taxes on corporations.
Either way, someone in the U.S. still ends up paying more.
desert you might be able to
buy too ….
Subtle but different from how you put it
https://bsky.app/profile/atrupar.com/post/3lphbcbiuha2c
So if they’re claiming they’ll "absorb" tariffs again, that doesn’t mean a fuckin thing.
Slower wage growth if that's even possible, tighter supplier contracts, or more hidden inflation down the line.
Someone always pays and it's always the consumer or employee.
https://bsky.app/profile/we-are-toast.bsky.social/post/3lpf3j2bdz22u
Absorbing higher costs in an effort to appease an idiot is not part of the mandate.
https://bsky.app/profile/x3em.bsky.social/post/3lphgntosqk2h