Trump promised voters tariffs are a panacea for the economy, but Walmart finance chief John David Rainey warned they will be inflationary for customers.
I’m not saying no one was warning us against tarrifs, just pointing out that Walmart specifically waited until after trump was elected (apparently twice now) to announce their warning about tarrifs.
They said this the last time it happened… During his last presidency.
https://www.reuters.com/article/business/walmart-says-higher-china-tariffs-will-increase-prices-for-us-shoppers-idUSKCN1SM18X/
If only someone else said something about how bad these tariffs would be…
https://www.piie.com/blogs/realtime-economics/2024/trumps-proposed-blanket-tariffs-would-risk-global-trade-war
https://amp.miamiherald.com/opinion/article292867514.html
https://apnews.com/article/harris-economy-ceos-trump-rule-of-law-tariffs-2dd224c63fb4dae47438b6599cc5a968
https://www.cnbc.com/amp/2024/09/09/economist-calls-trumps-threat-to-tariff-countries-that-shun-the-dollar-a-lose-lose.html
https://www.euronews.com/business/2024/11/04/how-much-could-trumps-tariffs-damage-europes-economy
https://abcnews.go.com/amp/Business/would-trumps-tariffs-trigger-global-trade-war-experts/story?id=114887448
https://thehill.com/opinion/finance/4938752-trump-economic-policies-impact/amp/
https://amp.cnn.com/cnn/2024/10/16/politics/trump-fact-check-john-deere-economy
https://www.semafor.com/article/10/18/2024/what-are-the-consequences-of-trumps-tariffs
https://www.businessinsider.com/trump-tariff-threat-john-deere-economists-baffled-2024-9
https://fortune.com/2024/08/16/trump-tariffs-trade-war-inflation-economic-policies-joachim-klement/
https://www.cbsnews.com/amp/news/yellen-speech-tariffs-will-increase-inflation-risk-trump/
I’m not saying no one was warning us against tarrifs, just pointing out that Walmart specifically waited until after trump was elected (apparently twice now) to announce their warning about tarrifs.