chilimuybueno said:

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I remember when Wal Mart was all about selling American-made products...

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I remember this also. It had to change because they couldn't put nothing on the shelf.
No major products were made in the US.

The economy has already traded down to Walmart / Amazon. The only reason Walmart could compete with Amazon is their abundance of cheap crap AND adding an amazon style online store and delivery that was competitive.

If they raise prices, people will just pull back. There is nowhere else to go. First will be discretionary items, then you will see staples bought with less frequency.

I've mentioned this a bunch on various threads, but this is classic action here. WMT stock runs up INTO recessions as the economy steps down from their luxury and into cheaper prices. When WMT stock stops going up, its just a matter of time before all the music stops.

No Spin Ag said:

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infinity ag said:

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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.

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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.

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I wasn't talking about passing it on to the customer, that is up to them.
But WMT seems to be panicked enough that they make a big announcement about it. That points to poor planning to me.

They are sending a message to Trump. And trying to get people riled up. That is the issue.

HarleySpoon said:

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No Spin Ag said:

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infinity ag said:

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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.

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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.

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- 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?

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Don't include me in it. I don't care what profit they make as long as they don't scam or beg for bailouts.

Here the issue is more than that. A small tariff causes them so much panic that they make an announcement? They may be trying to build pressure on Trump. And of course it points to poor management and planning on their part.

infinity ag said:

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HarleySpoon said:

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No Spin Ag said:

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infinity ag said:

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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.

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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.

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- 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?

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Don't include me in it. I don't care what profit they make as long as they don't scam or beg for bailouts.

Here the issue is more than that. A small tariff causes them so much panic that they make an announcement? They may be trying to build pressure on Trump. And of course it points to poor management and planning on their part.

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Or perhaps it's precise management and planning. It gets out ahead so investors aren't caught by surprise. And it might even capture additional revenue by getting consumers to front load discretionary purchases instead of getting blind sided and not buy at all.

OhNoAnyway.gif

I haven't bought **** from Walmart in years.

Quote:

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A well run company of the size of Walmart should already have considered tariffs as part of their pricing strategy.

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Ok………I guess they need to hire some psychics…..

Is/are there stores w/ a physical footprint that merchandises/sells majority American-made / -assembled, grown goods?

TexAgs91 said:

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And with tariffs dropping, Walmart will keep prices high?

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Imo Very few items shipped under the 100%+ tariff And weren't subject to that tariff
The 30% rate will be taxed on a lot of items including most of the " dolls" that will fill the Christmas toy shelves
Which is why the doll talking point discussion happened

TexAgs91 said:

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And with tariffs dropping, Walmart will keep prices high?

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Depending on the item they are still 30-55% higher than before.

this allows Wal-Mart to have some big "roll back" promotions down the line as tariffs subside.

I think Walmart should sell tariffed products at a loss as its patriotic duty.

No Spin Ag said:

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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.

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What did you think the average GM for WMT is? You think they can absorb 30%?

TexAgs91 said:

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And with tariffs dropping, Walmart will keep prices high?

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Ah they better, Amazon aint dropping

infinity ag said:

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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.

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Um, announcing why broke asses shopping at Walmart (I'm one that does on the rare occasion) will be seeing increases is good business. And this is part of their pricing strategy, passing tariffs down to consumers like any good business would.

Not understanding how someone is confounded at any of this.

Cinco Ranch Aggie said:

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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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I just buy packaged goods there, so I know the quality because it depends on the brand. Usually it is cheaper. Like Chik Fil A sauce. Or tuna. Or Ramen noodles. I still love Ramen noodles as it takes me back to my College Station Days when that was all I ate. It was 15 cents then, now it is about 35 cents. Creamy Chicken flavor only. Yum. I still have a few ghetto things I love.

BigRobSA said:

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infinity ag said:

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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.

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Um, announcing why broke asses shopping at Walmart (I'm one that does on the rare occasion) will be seeing increases is good business. And this is part of their pricing strategy, passing tariffs down to consumers like any good business would.

Not understanding how someone is confounded at any of this.

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Just as long as they stop bleating every time the market changes. That is what they do and will get called out. We are expected to suck it up, so should they.

infinity ag said:

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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.

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No one was expecting 100%+ tariffs so it would be impossible to build it into their business plan

infinity ag said:

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BigRobSA said:

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infinity ag said:

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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.

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Um, announcing why broke asses shopping at Walmart (I'm one that does on the rare occasion) will be seeing increases is good business. And this is part of their pricing strategy, passing tariffs down to consumers like any good business would.

Not understanding how someone is confounded at any of this.

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Just as long as they stop bleating every time the market changes. That is what they do and will get called out. We are expected to suck it up, so should they.

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This is exactly what fiscal conservatives said would happen. Taxes get passed onto consumers whether it's a tariff or a conventional tax. It's not "bleating". It's basic cause and effect.

Wal-mart had to pay whatever the current tariff is when the good reach port. They necessarily must pass that cost along to the customer to maintain reasonable operating margins. Chinese tariffs are now mostly 30%. Prices on Chinese goods will go up similarly in price. Demand will decrease somewhat.

Keep in mind the general 10% tariff is still in effect for all nations that haven't yet made any deal to get out of it as well.

Not everything Walmart sells is from China (or other tariff targeted nation), but greed will take over and all of their products will somehow magically be affected.

Wonder if they're going to raise prices on both food items and non-food items?

zephyr88 said:

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Not everything Walmart sells is from China (or other tariff targeted nation), but greed will take over and all of their products will somehow magically be affected.

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Other than Russia I don't recall any other country avoiding the 10%. The 232 tariffs on steel/aluminum products also hit with another 25% for all countries.

Plus even if you do final production in the US but import any materials or compnets those went up.

Same, can't remember the last time I walked into a Wal-Mart.

usmcbrooks said:

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Same, can't remember the last time I walked into a Wal-Mart.

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Too much Colt 45?

https://www.foodandwine.com/budget-meal-plans-dollar-tree-dinners-11732519

waitwhat? said:

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Quote:

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

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

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Dems get everything backwards.

infinity ag said:

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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

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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.

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If walmart could raise it prices, it would've already without the tariffs. Sounds like they need a scape goat.

It's a given that tariffs are going to raise prices, Walmart is announcing this since they import most of their merchandise. No doubt they are trying to drum up support against tariffs.

If you think any corporation is going to absorb the tariffs then you are naive.

I see zero issues with a company informing their customers about price increases and the reasons why. Especially ones that their entire business mode is focused on being the low cost option. If they were encouraging political activism, that is a separate thing.

OP seems like the one bleating.

No Spin Ag said:

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TexAgs91 said:

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And with tariffs dropping, Walmart will keep prices high?

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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.

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This!! I'm in the construction business and that was the excuse a lot, especially with ready mix concrete. As material prices started to level off pretty much across the board over various trades, ready mix was one and is still one that somehow continues to go up. It's all a money grab using once COVID or now tariffs as an excuse.

Ag-Yoakum95 said:

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No Spin Ag said:

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TexAgs91 said:

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And with tariffs dropping, Walmart will keep prices high?

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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.

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This!! I'm in the construction business and that was the excuse a lot, especially with ready mix concrete. As material prices started to level off pretty much across the board over various trades, ready mix was one and is still one that somehow continues to go up. It's all a money grab using once COVID or now tariffs as an excuse.

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As soon as you introduce market inefficiencies, it takes dramatic steps to unwind them even if they are no longer in effect. That should always be a part of the calculus of determining whether it's a good idea to introduce a new market inefficiency.

Wal Mart is 50% quality products and 50% flea market trash. I'm okay phasing out fast fashion landfill-bound clothing and cheap trash toys and the like. Let it all disappear.

Definitely Not A Cop said:

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I see zero issues with a company informing their customers about price increases and the reasons why. Especially ones that their entire business mode is focused on being the low cost option. If they were encouraging political activism, that is a separate thing.

OP seems like the one bleating.

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I am sorry I offended your sensibilities by dissing your favorite go-to store.

Prices increase and decrease all the time. Many times more than 10%. What was the need to make a breaking news announcement? No one does that as it hurts their sales. Most of the time people don't even know they are paying 10% more. I sure don't. Maybe because I am not a lolpoor.

A lot of people here trust corporations blindly and that is their prerogative. I am much more skeptical and my default is to assume they are all crooks. In this case, I think it is their way to get low income people against Trump by saying "you are paying more to shop at Walmart because Trump applied tariffs. Now vote for Dems".