AFAIK this is the first public statement from Trump that's consistent with how tariffs actually work.
Tariffs are charged on the importer of course, but the exporter can "eat" some of the cost by lowering their own price. (They won't.)
Happy we're all trapped on this learning journey with Donald.
Tariffs are charged on the importer of course, but the exporter can "eat" some of the cost by lowering their own price. (They won't.)
Happy we're all trapped on this learning journey with Donald.
Reposted from
Aaron Rupar
Trump demands that Walmart “EAT THE TARIFFS” and not raise prices
Comments
Piss off the rich people he relies on for donations and bribes-
This is getting good
This is how this works, right?
https://bsky.app/profile/thatsthefactjack.bsky.social/post/3lpg3xj4mlk2m
How a single woman voted for that man is completely impossible to understand.......
He's definitely not a fast learner.
Instead of wining like a loser.
True is still: Trump was so stupid to think that the other countries pay.
Another thing that’s clear is he way overestimates how much China is dependent on US exports.
April 2: It's only a tax on exporting countries
May 16: Ok it's a tax in the US but not on consumers, only on US businesses.
Which is also BS, since businesses will absolutely raise prices, but his bullshit is evolving I guess.
TrumpTariffs are the centerpiece of his EXTORTION RACKET. They are a lever he uses to extort PERSONAL favors - airplanes, for example, as well as personal crypto contributions - out of corrupt heads of state.
(Yes, yes, I know, the math is actually lowering prices by about 30%)
So you have to lower your price about 60%.
Walmart: We made billions under Biden in 2024.
No wonder his own corporations were not profitable, lol.
https://www.nbcnews.com/politics/donald-trump/fact-check-trump-says-china-paying-his-tariffs-he-s-n1038751
Too late.
And the cats.
for the tariffs??
Eat the tariffs? They're laughing at DJT.
Work.
Comrade trump. You and the billionaires , who don’t pay taxes, start by paying your taxes before you tell someone else to eat theirs
He just expects corporations and retailers to do what HE wouldn't do in the same situation.
So hard to keep up
My bad
https://www.whitehouse.gov/fact-sheets/2025/04/fact-sheet-president-donald-j-trump-closes-de-minimis-exemptions-to-combat-chinas-role-in-americas-synthetic-opioid-crisis/
You pay the tariff when you bring it across the border