There are many that trust Trump blindly as well, it goes both ways.
Cynic said:
There are many that trust Trump blindly as well, it goes both ways.
infinity ag said:Definitely Not A Cop said:
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.
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".
same company that forced pickle companies to make $.01 profit per jar?infinity ag said:
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-tariffsQuote:
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.
I was looking at buying an Instant Pot multicooker sometime in the future. Because of the tariffs I decided to go ahead and buy it now.infinity ag said:
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-tariffsQuote:
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.
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.
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.
As long as you purchase from an accepted retailer, they're probably legally obligated to honor a warranty if they offered one.eric76 said:I was looking at buying an Instant Pot multicooker sometime in the future. Because of the tariffs I decided to go ahead and buy it now.infinity ag said:
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-tariffsQuote:
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.
WalMart out of the model I wanted. So was Amazon. Not only that, trying to do the "shopping" on google search didn't find any of that model.
Just about every model I tried to consider at WalMart's site was out of stock. The web page would say they had 3 or 4 in stock, but when you clicked on it, they were out of stock.
I switched to Amazon and ordered one that was similar and it was the last one Amazon had in stock. So now, neither has that one in stock.
I don't know how long until they get replacements, but I would expect them to increase quite a bit in price.
One question nags at me. If you buy something for $150 and then taxes/tariffs ended up raising the price to $300, are they still going to honor the warranty if you need a warranty replacement?
Not all negotiations are capitalistic.TRX 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.
Tariffs are negotiations, just like every transaction is within capitalism. When you deal with foreign commie governments that tariff your country, you have to do something. If you have a better idea that doesn't include us getting screwed, let us know.
Exactly.Jeeper79 said:Not all negotiations are capitalistic.TRX 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.
Tariffs are negotiations, just like every transaction is within capitalism. When you deal with foreign commie governments that tariff your country, you have to do something. If you have a better idea that doesn't include us getting screwed, let us know.
TRX 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.
Tariffs are negotiations, just like every transaction is within capitalism. When you deal with foreign commie governments that tariff your country, you have to do something. If you have a better idea that doesn't include us getting screwed, let us know.
I spit my drink out when I read that earlier. Utter nonsense.aggiedent said:TRX 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.
Tariffs are negotiations, just like every transaction is within capitalism. When you deal with foreign commie governments that tariff your country, you have to do something. If you have a better idea that doesn't include us getting screwed, let us know.
So let me get this straight………we're gonna take an economic tool out of the communist (socialist….liberal) playbook and call it capitalism? Don't think that's how it works comrade.
SMALL tariff? lolinfinity ag said:HarleySpoon said:- What do you and infinity believe is the correct amount of profit that a company should be allowed to make?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.
- 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?
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.
aggiedent said:TRX 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.
Tariffs are negotiations, just like every transaction is within capitalism. When you deal with foreign commie governments that tariff your country, you have to do something. If you have a better idea that doesn't include us getting screwed, let us know.
So let me get this straight………we're gonna take an economic tool out of the communist (socialist….liberal) playbook and call it capitalism? Don't think that's how it works comrade.
TRX 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.
Tariffs are negotiations, just like every transaction is within capitalism. When you deal with foreign commie governments that tariff your country, you have to do something. If you have a better idea that doesn't include us getting screwed, let us know.
Funky Winkerbean said:aggiedent said:TRX 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.
Tariffs are negotiations, just like every transaction is within capitalism. When you deal with foreign commie governments that tariff your country, you have to do something. If you have a better idea that doesn't include us getting screwed, let us know.
So let me get this straight………we're gonna take an economic tool out of the communist (socialist….liberal) playbook and call it capitalism? Don't think that's how it works comrade.
What is your solution?
Then don't shop there. All people can determine their own value.infinity ag said:
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-tariffsQuote:
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.
Hint: They're not fiscally conservative.Ag_of_08 said:
I never thought I'd see the day that fiscal conservatives actually supported new taxation like this.
From Google:Secolobo said:
Little breakfast place I frequent posted that due to coffee tariffs, refills will no longer be free.
Coffee tarriffs?
Why don't they just charge a little more?
Sounds like they are trying to make a statement.
Sounds like they're being honest about new costs that affect their prices.Quote:
President Trump's administration has implemented tariffs that significantly impact the coffee industry, both domestically and globally.
Here's a breakdown:
- Universal 10% Tariff: A 10% tariff is applied to coffee imports from most countries. This baseline tariff affects major coffee producers like Brazil, Colombia, Ethiopia, and others.
- "Reciprocal" Tariffs (Paused): Higher tariffs were initially proposed for specific countries, including Vietnam (46%), Indonesia (32%), and India (26%). These tariffs were intended to be "reciprocal," matching tariffs these countries allegedly imposed on US goods. However, these higher tariffs have been paused for 90 days, with the 10% universal tariff taking effect in the meantime.
- China Tariffs: Notably, China faces a significantly higher tariff of 125%, a consequence of ongoing trade disputes. This impacts not only coffee imports from China but also other supplies for the coffee industry, such as machinery and packaging.
Secolobo said:
Little breakfast place I frequent posted that due to coffee tariffs, refills will no longer be free.
Coffee tarriffs?
Why don't they just charge a little more?
Sounds like they are trying to make a statement.
No Spin Ag said:Secolobo said:
Little breakfast place I frequent posted that due to coffee tariffs, refills will no longer be free.
Coffee tarriffs?
Why don't they just charge a little more?
Sounds like they are trying to make a statement.
They'd have put up a sign explaining why it they wanted to make a statement.
I'd recommend taking your business to a bigger place that can afford to eat the extra cost easier than the smaller places.
If tariffs are going to increase prices (and it's looking like that is going to happen) then not only will the average American need to be in a little pain, but also the smaller businesses.
The average American can adapt and be okay. The smaller businesses, who knows.