{"id":42285,"date":"2025-05-17T18:49:20","date_gmt":"2025-05-17T23:49:20","guid":{"rendered":"https:\/\/huewhite.com\/umb\/?p=42285"},"modified":"2025-05-17T18:49:20","modified_gmt":"2025-05-17T23:49:20","slug":"do-they-dare","status":"publish","type":"post","link":"https:\/\/huewhite.com\/umb\/2025\/05\/17\/do-they-dare\/","title":{"rendered":"Do They Dare?"},"content":{"rendered":"

There may be a bit of an uproar over this<\/a>:<\/p>\n

\n

President Donald Trump on Saturday said Walmart needs to stop \u201ctrying to blame tariffs\u201d after the retail giant announced its products would become more expensive.<\/p>\n

Walmart\u2019s CEO said the price increases were a result of Trump\u2019s tariffs being \u201ctoo high,\u201d particularly when it came to Chinese goods.<\/p>\n

\u201cWe will do our best to keep our prices as low as possible. But given the magnitude of the tariffs, even at the reduced levels announced this week, we aren\u2019t able to absorb all the pressure given the reality of narrow retail margins,\u201d Walmart CEO Douglas McMillon said Thursday in an earnings call.<\/p>\n

Trump responded on Saturday,\u00a0posting<\/a>\u00a0to Truth Social that \u201cBetween Walmart and China they should, as is said \u2018EAT THE TARIFFS,\u2019 and not charge valued customers ANYTHING. I\u2019ll be watching, and so will your customers!\u201d [CNN\/Business<\/strong>]<\/em><\/p>\n<\/blockquote>\n

\"\"<\/a>And who would take it in the rear if Walmart decides to accede to President Trump’s delusions of how economy and tariffs work?<\/p>\n

Investors.<\/p>\n

Regardless of whether it’s a public or a private company, I think the lion’s share of eating the tariff has to come out of profits; workers and logistics have been the target of cost reductions for decades. What does that leave?<\/p>\n

The greedy investors.<\/p>\n

How will the clash between President Trump, his delusions, and investors play out? It’s hard to say, but this may turn out to be just the first exchange in a long war between retailers and the President Trump-led xenophobes.<\/p>\n

I don’t have much insight here, but it’ll be interesting to see how long President Trump can hold it together. His history suggests he may back down fairly quickly.<\/p>\n","protected":false},"excerpt":{"rendered":"

There may be a bit of an uproar over this: President Donald Trump on Saturday said Walmart needs to stop \u201ctrying to blame tariffs\u201d after the retail giant announced its products would become more expensive. Walmart\u2019s CEO said the price increases were a result of Trump\u2019s tariffs being \u201ctoo high,\u201d \u2026 Continue reading → <\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-42285","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/posts\/42285","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/comments?post=42285"}],"version-history":[{"count":2,"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/posts\/42285\/revisions"}],"predecessor-version":[{"id":42288,"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/posts\/42285\/revisions\/42288"}],"wp:attachment":[{"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/media?parent=42285"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/categories?post=42285"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/tags?post=42285"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}