Trump 2.0 official thread

Captainquirk

Captainquirk

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fishrubber99 said:
Why would Walmart pay for any of the tariffs if they can afford to push the price increases on to the consumer? Serious question since you don't seem to understand this concept.
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Conversely, why haven’t manufacturers charged more when higher prices mean higher profit margin?

They could have done this at anytime in the last 25 years before the trade war?
 
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iewgnem

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Captainquirk said:
Conversely, why haven’t manufacturers charged more when higher prices mean higher profit margin?

They could have done this at anytime in the last 25 years before the trade war?
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Because that require every manufacturer to raise prices at the same time, which is price fixing and its illegal for a reason. Its however not price fixing when tariffs cause everyone's price to go up at the same time, nor when Beijing tells you to pay more to every Chinese manufacturer in a world where China has a national level monopoly.

America's fedual society really seem to struggle with the concept of market price dynamics.
 
Captainquirk

Captainquirk

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iewgnem said:
Because that require every manufacturer to raise prices at the same time, which is price fixing and its illegal for a reason. Its however not price fixing when tariffs cause everyone's price to go up at the same time, nor when Beijing tells you to pay more to every Chinese manufacturer in a world where China has a national level monopoly.

America's fedual society really seem to struggle with the concept of market price dynamics.
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Why would that “require every manufacturer to raises prices at the same time”.

If you don’t like the prices of one Chinese manufacturer, go find another.
 
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iewgnem

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Captainquirk said:
Why would that “require every manufacturer to raises prices at the same time”.

If you don’t like the prices of one Chinese manufacturer, go find another.
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lol and that's what Walmart tried to do before they got summoned to Beijing where they were told they're banned from doing so. Do you understand what the word "war" means in "trade war"? If you get into a hot war with China are you also going to complain China cuts off your imports and won't let you negotiate with individual Chinese sellers?

Incase you're struggling with this concept, it also means Walmart is free to pass tariff cost to US consumers since every other US retailer also must pay the tariffs, there is no price competition if tariff apply to everyone.
 
FriedButter

FriedButter

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In an interview with CNBC, Chief Financial Officer John David Rainey said tariffs are “still too high”

“We’re wired for everyday low prices, but the magnitude of these increases is more than any retailer can absorb,” he said. “It’s more than any supplier can absorb. And so 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.”
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Walmart already made a clear statement 2 days ago. They also have a net profit margin of below 3%.
 
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Ringsword

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AndrewJ said:
Trump: I successfully stopped the three mid east countries from coming into China's embrace through this visit.

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So DJT did this out of the kindness of his heart and compassion toward XJP and the Chinese people-to save China from fragmenting/dissolution ? The bizarre mental gymnastics involved in this line of thinking is truly jaihind worthy.BTW it looks like the F47 is just a fantasy as Orange Overlord after his grifting/bloodsucking tour of the ME has said the new F55/super F22 will be the new NGAD-wow
 
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