Walmart warns it will raise prices because of tariffs

8,575 Views | 115 Replies | Last: 7 mo ago by docb
infinity ag
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Looks like someone needs to make his bonus numbers.

Walmart says they will increase prices. Okay, so people will either buy less of whatever they used to buy, which is not a bad thing, or find another seller to buy from, or just pay up. None of these options are necessarily bad and are all part of a capitalistic society.

I think items were artificially priced low due to China imports will now be prices more realistically without the China factor. There is no "real price" that exists. Prices are what someone is willing to pay. If no one wants something that Walmart sells, the price will go down or they will stop carrying it. Fine too.

Big Corps are trying to make big headlines like this to scare people to get them to hate Trump. They want us to go back to the days when they made tons of money while killing local businesses until there was no one here to pay for those items.

Walmart, go for it. You do what you gotta do, we will do what we gotta do. Let's see where things fall.

Walmart warns it will raise prices because of tariffs
https://www.cnn.com/2025/05/15/business/walmart-prices-tariffs
Quote:

Walmart, the world's largest retailer, warned that is not immune from President Donald Trump's tariffs. It plans to raise prices on some items as Trump's global trade war sends the company's costs higher.
"We will do our best to keep our prices as low as possible. But given the magnitude of the tariffs, even at the reduced levels announced this week, we aren't able to absorb all the pressure given the reality of narrow retail margins," Walmart CEO Doug McMillon said Thursday on an earnings call.
"The higher tariffs will result in higher prices," he said.

Tariffs on China are raising costs on electronics and toys, McMillon said, and some food costs are going up from tariffs on Costa Rica, Peru and Colombia.

Walmart said the price hikes will begin later this month.

"I'm concerned that consumer is going to start seeing higher prices. You'll begin to see that, likely towards the tail end of this month, and then certainly much more in June," Walmart finance chief John David Rainey said in an interview with CNBC Thursday.

Many companies have been raising prices to mitigate cost increases from the 10% universal tariffs on every product entering the United States and higher levies on Chinese goods. Washington and Beijing reached an agreement to lower those tariffs this week, but the United States still charges a 30% levy on most goods coming from China.
pacecar02
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k


I try to avoid them when I can
Secolobo
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AG
Rainy is a baylor alum and married an ag.
waitwhat?
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Quote:

None of these options are necessarily bad and are all part of a capitalistic society.


Bold take to say tariffs are simply a part of capitalism rather than government interference in capitalism.
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TexAgs91
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AG
And with tariffs dropping, Walmart will keep prices high?
No, I don't care what CNN or Miss NOW said this time
Ad Lunam
04.arch.ag
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So you can be pissed at Trump for the Tariffs causing Walmart to raise their prices. But Walmart raises their prices so they make/keep their profits the same and in doing so lining the pockets of one of the wealthiest families in America. TRUMP Loves Billionares!!!!
infinity ag
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waitwhat? said:

Quote:

None of these options are necessarily bad and are all part of a capitalistic society.


Bold take to say tariffs are simply a part of capitalism rather than government interference in capitalism.

user name checks out.

A country that tariffs us isn't following the rules of capitalism. Then why should we?
We follow as much capitalism as much as it makes us money. The rest we chuck out. Simple. Capitalism isn't a religion like Islam which has to be followed to a T.
infinity ag
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TexAgs91 said:

And with tariffs dropping, Walmart will keep prices high?

C suite Bonus. Remember?
Im Gipper
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As has been said so many times here, corporations don't pay taxes. People do.

What do people expect to happen when the government increases the price of a product being sold? Of course the eVIL ceO raises prices

I'm Gipper
CDUB98
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AG
Your anti-CEO shtick is getting old.
infinity ag
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CDUB98 said:

Your anti-CEO shtick is getting old.

This is not about a CEO. It is about WMT increasing prices and blaming tariffs. Read the post completely.
My response is "bring it on". People will shop less at WMT and things will adjust as they need to.
Owlagdad
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If you really pay attention, Walmart is high on some things anyway. They get you in on convivence and loss leaders. I needed some bolts and nuts at 5:30 last night and some lunch meat, so went to Walmart.
CDUB98
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infinity ag said:

CDUB98 said:

Your anti-CEO shtick is getting old.

This is not about a CEO. It is about WMT increasing prices and blaming tariffs. Read the post completely.
My response is "bring it on". People will shop less at WMT and things will adjust as they need to.
Your very first line kept me from reading the rest, and no, considering your past posts, I don't give a **** about the winky face.

Quote:

Looks like someone needs to make his bonus numbers.
No Spin Ag
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TexAgs91 said:

And with tariffs dropping, Walmart will keep prices high?


Seeing as how we were all told back in 2021 that prices had to go up because fuel prices went up, then fuel prices came down some yet prices didn't budge, I wouldn't hold my breath.

I mean, you've got to think about the CEOs and the shareholders after all.
HarleySpoon
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Im Gipper said:

As has been said so many times here, corporations don't pay taxes. People do.


What? Are you serious?

Dude, corporations pass along to the consumer the increased tariffs they pay to the government, but they would never pass along increased taxes that they pay to the government. Geesh.
pagerman @ work
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TexAgs91 said:

And with tariffs dropping, Walmart will keep prices high?
Tariffs with China, yes (dropping in terms of Trump increasing them and then dropping them). Most other countries don't have deals in place yet.
“Socialism is a philosophy of failure, the creed of ignorance, and the gospel of envy. It's inherent virtue is the equal sharing of miseries." - Winston Churchill
Rockdoc
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Nobody said it was going to be painless. Hope you can cope.
doubledog
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Oh no!! where will people of Walmart go now to buy their Funyuns

https://www.peopleofwalmart.com/
Jeeper79
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infinity ag said:


Walmart says they will increase prices. Okay, so people will either buy less of whatever they used to buy, which is not a bad thing, or find another seller to buy from, or just pay up. None of these options are necessarily bad and are all part of a capitalistic society.
Unless you're already in the bottom third of income earners (which would t surprise me for Walmart shoppers) and have already cut your expenses back to the bone. Then everything you buy today is stuff you have to buy and now it costs more.
Jeeper79
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AG
04.arch.ag said:

So you can be pissed at Trump for the Tariffs causing Walmart to raise their prices. But Walmart raises their prices so they make/keep their profits the same and in doing so lining the pockets of one of the wealthiest families in America. TRUMP Loves Billionares!!!!
And to keep their millions of workers employed. They're the largest employer in the U.S. after the federal government. Don't forget that part.
'03ag
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TexAgs91 said:

And with tariffs dropping, Walmart will keep prices high?
Tariffs on China have increased 10% as part of this new "deal"

The only thing that "dropped" was the much larger increase that was on hold.
aggiedent
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Jeeper79 said:

infinity ag said:


Walmart says they will increase prices. Okay, so people will either buy less of whatever they used to buy, which is not a bad thing, or find another seller to buy from, or just pay up. None of these options are necessarily bad and are all part of a capitalistic society.
Unless you're already in the bottom third of income earners (which would t surprise me for Walmart shoppers) and have already cut your expenses back to the bone. Then everything you buy today is stuff you have to buy and now it costs more.


I agree. The problem for the Republican Party is that the economy is always a huge issue to voters. Obviously there are quite a few moving parts to assessing the health of the economy, but to the bottom third of wage earners, the price of goods in your local Walmart is the BIGGEST issue. People will get angry.
Jeeper79
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aggiedent said:

Jeeper79 said:

infinity ag said:


Walmart says they will increase prices. Okay, so people will either buy less of whatever they used to buy, which is not a bad thing, or find another seller to buy from, or just pay up. None of these options are necessarily bad and are all part of a capitalistic society.
Unless you're already in the bottom third of income earners (which would t surprise me for Walmart shoppers) and have already cut your expenses back to the bone. Then everything you buy today is stuff you have to buy and now it costs more.


I agree. The problem for the Republican Party is that the economy is always a huge issue to voters. Obviously there are quite a few moving parts to assessing the health of the economy, but to the bottom third of wage earners, the price of goods in your local Walmart is the BIGGEST issue. People will get angry.
I'm sure this is offset by the tariff reduction on Bentleys so no worries. /s
infinity ag
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CDUB98 said:

infinity ag said:

CDUB98 said:

Your anti-CEO shtick is getting old.

This is not about a CEO. It is about WMT increasing prices and blaming tariffs. Read the post completely.
My response is "bring it on". People will shop less at WMT and things will adjust as they need to.
Your very first line kept me from reading the rest, and no, considering your past posts, I don't give a **** about the winky face.

Quote:

Looks like someone needs to make his bonus numbers.


Up to you to read or not. No one forces anyone here to do anything.
Owlagdad
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LOL, go elsewhere to shop. In our small town, the paper quoted a lady, "Im glad we got a new Dollar Store. You dont have to dress up to go there, like you do when you go to Walmart."
infinity ag
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I am amazed that corporations run in such a manner that a mere 10% tariff causes them to lose their sheet and come out with a "warning" that prices will increase. Seems like blackmail to me, and in some way to get people to dislike Trump. They are not woke like Costco is as far as I know.

A well run company of the size of Walmart should already have considered tariffs as part of their pricing strategy. What is the point of announcing it unless they want people to panic and outrage on social media? They increase and decrease prices all the time, normal part of business.
No Spin Ag
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infinity ag said:

I am amazed that corporations run in such a manner that a mere 10% tariff causes them to lose their sheet and come out with a "warning" that prices will increase. Seems like blackmail to me, and in some way to get people to dislike Trump. They are not woke like Costco is as far as I know.

A well run company of the size of Walmart should already have considered tariffs as part of their pricing strategy. What is the point of announcing it unless they want people to panic and outrage on social media? They increase and decrease prices all the time, normal part of business.


Agreed.

There's no reason these companies can't swallow the tarrifs without passing the cost on to the consumer. That is, unless they're just being greedy and selfish.
Owlagdad
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No Spin Ag said:

infinity ag said:

I am amazed that corporations run in such a manner that a mere 10% tariff causes them to lose their sheet and come out with a "warning" that prices will increase. Seems like blackmail to me, and in some way to get people to dislike Trump. They are not woke like Costco is as far as I know.

A well run company of the size of Walmart should already have considered tariffs as part of their pricing strategy. What is the point of announcing it unless they want people to panic and outrage on social media? They increase and decrease prices all the time, normal part of business.


Agreed.

There's no reason these companies can't swallow the tarrifs without passing the cost on to the consumer. That is, unless they're just being greedy and selfish.
and freaking lazy. They dont like to adapt.
Jeeper79
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AG
No Spin Ag said:

infinity ag said:

I am amazed that corporations run in such a manner that a mere 10% tariff causes them to lose their sheet and come out with a "warning" that prices will increase. Seems like blackmail to me, and in some way to get people to dislike Trump. They are not woke like Costco is as far as I know.

A well run company of the size of Walmart should already have considered tariffs as part of their pricing strategy. What is the point of announcing it unless they want people to panic and outrage on social media? They increase and decrease prices all the time, normal part of business.


Agreed.

There's no reason these companies can't swallow the tarrifs without passing the cost on to the consumer. That is, unless they're just being greedy and selfish.
Walmart is publicly traded. I don't know about you, but I wouldn't invest in a company that wasn't trying to keep the bottom line intact. Which I expect for most investors. And then what happens when investors stop investing?
HarleySpoon
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AG
No Spin Ag said:

infinity ag said:

I am amazed that corporations run in such a manner that a mere 10% tariff causes them to lose their sheet and come out with a "warning" that prices will increase. Seems like blackmail to me, and in some way to get people to dislike Trump. They are not woke like Costco is as far as I know.

A well run company of the size of Walmart should already have considered tariffs as part of their pricing strategy. What is the point of announcing it unless they want people to panic and outrage on social media? They increase and decrease prices all the time, normal part of business.


Agreed.

There's no reason these companies can't swallow the tarrifs without passing the cost on to the consumer. That is, unless they're just being greedy and selfish.
- What do you and infinity believe is the correct amount of profit that a company should be allowed to make?
- If we limit a company's profits, should we also then limit their losses?
- Are there currently any companies that you believe should be treated like utilities?
- What is society's obligation to any company whose profits are newly regulated?
- Do you believe the salaries of professional athletes and entertainers should be regulated so that consumer ticket prices can come down?
richardag
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waitwhat? said:

Quote:

None of these options are necessarily bad and are all part of a capitalistic society.


Bold take to say tariffs are simply a part of capitalism rather than government interference in capitalism.
who's tariffs, our tariffs or China's tariffs, or both.
Remember, ours were in response to theirs.
Among the latter, under pretence of governing they have divided their nations into two classes, wolves and sheep.”
Thomas Jefferson, Letter to Edward Carrington, January 16, 1787
Brother Shamus
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Yup increased pricing via tariffs and this 'tax bill' is just more of the same ol' progressive taxes. Whatever. Glad to see illegals get to pay 5% - must be nice.
Jeeper79
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AG
richardag said:

waitwhat? said:

Quote:

None of these options are necessarily bad and are all part of a capitalistic society.


Bold take to say tariffs are simply a part of capitalism rather than government interference in capitalism.
who's tariffs, our tariffs or China's tariffs, or both.
Remember, ours were in response to theirs.
To a degree, yes. But mostly to "correct" a trade deficit.
chilimuybueno
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AG
I remember when Wal Mart was all about selling American-made products...
Cinco Ranch Aggie
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They can do what they want with regard to pricing. I don't shop there often, so it's irrelevant to me.
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