Trump promised voters tariffs are a panacea for the economy, but Walmart finance chief John David Rainey warned they will be inflationary for customers.
Seems like Trump uses tariffs as some magical thing. The entire idea of tariffs is to raise the price of imports for the purposes of protecting a domestic industry. Practically nothing walmart sells has an equivalent of being made in the US so I have no idea who they’d be protecting here.
Seems like Trump uses tariffs as some magical thing. The entire idea of tariffs is to raise the price of imports for the purposes of protecting a domestic industry. Practically nothing walmart sells has an equivalent of being made in the US so I have no idea who they’d be protecting here.