. China retaliated on Monday, announcing it would raise tariffs on $60 billion of American-made imports.
Moody's analyst Charlie O'Shea said the potential impact on Walmart and its shoppers is limited by its food business. Its grocery operation, which includes fresh food, contributes roughly 56 percent to overall revenue."We believe Walmart has the wherewithal both financially and via its vendor relationships to minimize the impact on both itself and its shopping base," he said.
Investors and analysts expect spending to slow this year against a backdrop of rising debt, tariffs and economic uncertainty.
The republican denial on this page is amazing. US manufacturing is not coming back. You are paying more money for the same products because of Trump. The Republicans are losing.
Funny how the left is finally understanding economics. Now if they only will remember this when they want to raise the taxes on people in the USA.
So NOW we all listen to Walmart. Is this the new world order?
Thanks to the TrumpTax There you go billmaher
Buy from another country, maybe even try America.
Suck it up. It needs to be done. Buy American.
Over usd500 billion are send back to china from the US every year. China is stealing from americans to fund their pockets. They are getting rich from the back of hard working americans.
😡🤨🤢
Well let's see if Walmart sells mostly Chinese products I guess the prices will go up that is a no brainer finally a president is addressing this absurd unbalanced tariff issue
That’s fine. Walmart is garbage anyway
Maybe Sears will reopen.
What happens when you invest everything in other countries and not your own.
...and so it begins, chaos and mayhem, consumers run & buy cans, water etc. Price gauging, so much 'Winning'
POTUS MAGA REALDONALDTRUMP
I remember when Walmart was filled with “Made in America “ items. Now it’s all Chinese made. Maybe the tide will turn back.
So it should on items WE BRING IN FROM OTHER COUNTRIES & guess what?! If it’s important to the purchaser- THEY WILL PAY THE DIFFERENCE!!!
Companies don’t have to pass all the tariff costs on to consumers. They could absorb some it. But they won’t.
Liar Liar
Oh well,short term pain for long term gain. Time for Fair Trade Deal and Stop China from ripping us off.Isn’t it a shame our politicians let China and U.S. companies get away with this for years,incentives to make things in a communist country.
All their sweatshops are in China, so Walmart products WILL go up. That's why you buy other brands. The suffering of Chinese laborers, who live in one bunk, no big deal right?
Cry me a river
Shame on money hungry Walmart. Not shopping there Walmart
And when corporations moves their business to Vietnam or Bangladesh, will trump impose tariffs on them
Just as predicted. trump’s tariffs are affecting his base of not only farmers, but now the working poor. Tariffs are going to assist in trump’s downfall, and it’s ENTIRELY of trump’s own doing. SMH ostrichrepublicans
Glad I don't shop at wally mart. China has been selling crap in USA for years and I quit buying it in 2014. LMAO
That's what tariffs are for. They make prices higher. That's their purpose.
It’s worth it...
Get American products back in Walmart. Get the Made in the USA sign back on the front of the market.
Duh
So we should just go back to the way it was with the big trade deficit to China?
Actually only 24% of Walmart products are imported it will have little or no affect on consumers.
You missed the point completely. Walmart will buy more AMERICAN products and help US 🇺🇸economy. Doesn’t take a genius to figure that out
Yeah, we know. Buy American
What else is this billion dollar corporation to do?
Isn't China paying? I've lost track.
Really? No kidding. So what
Here’s a novel idea quit buying from fucking China, Sam’s probably rolling over in his grave and would not have supported the way it’s run now!
Sam Walton was a champion for goods made in America
Don’t care much for Chinese goods anyway
You’re all acting like Walmart is the only place that gets their product from China. Pay close attention where your groceries come from. Some of your juices come from China.
Chinese products suck! I'd rather pay a little more for quality American made products. We can do anything China can do and a whole lot more. Take some pride in America, people.
Good... deplorables gotta pay too
I am gonna buy local!
Buy American.
I got everything I need. send that stuff back to china
Walmart should stop buying Chinese goods.
I think we'd all be happy to pay a little more for things at Walmart if it meant that more Americans had access to living wages from good-paying US manufacturing jobs.
His base mostly.
So?
Time to shop at mom and pop grocery stores and for the other stuff...there's always Amazon...
Yeah Walmart would never do anything to be less profitable...they will keep their margins the same and increase pricing to the customer.
My daughter went to Walmart this morning and messaged me about how expensive everything was there. I told her it's due to Trump's tariffs. MomsAlwaysRight
No sh*t! But explain that to his base...
But I believe they don't mind because it will get rid of the 99 cent and dollar stores competition!
Buy American.
Obama raised unemployment tearing down our factories in Missouri sending our 43,000 St. Louis Jobs to Mexico and Canada at a cost of $150 billion and counting in St. Louis!!!!
Walmart was gradually increasing prices of their goods anyway.
Then maybe they should get their goods from somewhere else. Let’s say AMERICA!
Whatever! Wal-Mart owners want more money in their pockets!
It's just Common sense
Everything in Walmart even the shopping carts are now made in China.
We need to stop whining. We need to win this battle or China will really stick it to us. I met many Europeans who made many sacrifices in WW2 to support the cause. Americans are spoiled. Be patriotic
So, Obama voters hardest hit.
OMG! 45 is ruining our country and making it difficult for anyone to keep afloat supporting families, or ourselves.
🤬😡🥵🤬😡
You mean to say, Walmart, after you eliminated businesses throughout the nation by undercutting prices a little and became a multi-billionaire company that you won't give a little back in the prices to the American consumers?
Lets see, a dollar more or negotiate a better trade deal that allows for more US products to enter that market & stops China from stealing tech? Hmmmm...what to do....
Only if you buy cheap Chinese crap. Walmart got addicted to China years ago. Skip the junk and get Made in USA.
Sell products made in the USA.
Remember when Walmart was all “Buy American”... used that to saturate the market with stores... then dumped all of those American lines... put Americans out of business... and replaced everything with Chinese goods? Boooo hoooo your Chinese crap is gunna cost more 😭😭😭
Officially the beginning of the end for Trump.
trump increases tariffs on Chinese goods which is paid by AMERICANS who buy the goods. When are the idiotic republicans going to realize this. You can’t be that stupid.
And profit for shareholders
Of course!
I will buy less Walmart and more online
Awww, the Wal-Mart family (billionaires) won't get to pillage as much.
So buy from a store that has produce grown locally or within the USA
Thanks Tump....🤮
No kidding.... What else would happen?
Who pays Trump's Tariffs? You Do! Repeat.
Maybe there should a wall around China...
Americans should stop shopping at Walmart. Most of their products are from China, and they pay their workers like sh*t. Shop local- put Walmart out of business.
Buy American. I avoid wal mart . Local shops are my favorite. Butcher. Farmers market.
Good old NBC. Always trying to hang something on Donald Trump
You get what you pay for typically
Duh.
Duh! That’s how that works.....
Prices will increase whether tariffs are present or not! 🙄
Whaaatttt?
How about walmart try sourcing it’s products from American companies. And if they can’t find a product here build a factory and start producing it here.
The socialists at MSDNC think that theft of intellectual property and $600,000,000,000 trade deficits are sustainable!
I guess WalMart should buy American.
This is what happens when you let a guy that lost the family fortune negotiate.
No problem..Walmart should develop other sources to China!
Anyone who thinks otherwise slept right through Econ 101
Was there today things were higher than they were last week..
Riverdale Video showing the moment a devastating car bomb detonated on one of the PKK’s biggest HQ’s in Manbij earlier today. Islamic state claimed the attack, according to their media 20 elements are killed, ⬇️
Thank you, Captain Obvious.
So much winning
🎶 These are the people of Walmart... Not voting for Trump 🎶
Most products on Walmart shelves are made in China.
Well they can’t pay their workers any less so I guess this is what they have to work with.
Duh ...
Okay Walmart But people will Buy less from you😶
Will More Wallmart Close More Stores In 2019?
And China will pay for it...........
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