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Trump warns Walmart: Don’t raise prices due to my tariffs but do eat the costs from those taxes (apnews.com)

submitted 6 days ago by [email protected] to c/[email protected]

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WASHINGTON (AP) — President Donald Trump on Saturday ripped into Walmart, saying on social media that the retail giant should eat the additional costs created by his tariffs.

As Trump has jacked up import taxes, he has tried to assure a skeptical public that foreign producers would pay for those taxes and that retailers and automakers would absorb the additional expenses. Most economic analyses are deeply skeptical of those claims and have warned that the trade penalties would worsen inflation. Walmart warned on Thursday that everything from bananas to children’s car seats could increase in price.

Trump, in his Truth Social post, lashed out at the retailer, which employs 1.6 million people in the United States. He said the company, based in Bentonville, Arkansas, should sacrifice its profits for the sake of his economic agenda that he says will eventually lead to more domestic jobs in manufacturing.

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[–] [email protected] 9 points 6 days ago* (last edited 6 days ago) (1 children)

Planned economy is cool now.

Sometimes I wonder if Bernie Sanders could sweep the Republican primary if he tried.

[–] [email protected] 5 points 6 days ago* (last edited 6 days ago)

He probably could win at least a dozen or so states in the general that haven't gone Democrat since Carter.

People have gotten so used to thinking of politics as a binary that they're ignoring something that would otherwise be glaringly obvious:

Neither party leadership cares about the destitute majority and only the fascists are any good at pretending to.

The last time someone won the presidency in a genuine landslide was Obama running on sweeping systemic change in 2008. That he ended up governing as a your usual center right Democrat was a huge letdown that wouldn't happen with a true progressive.