• Ledericas@lemm.ee
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      2 months ago

      fun fact, he is not aware when he shits own pants after he flies intoa rage. the producers in his relaity show later claimed he becomes a deer in head lights when it happens, and often they have a guy on the set to wipe him down like a baby.

      • toy_boat_toy_boat@lemmy.world
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        2 months ago

        i don’t understand what you’re trying to say. if he’s not aware when his shits himself, why would he ‘become a deer in head lights’ when it happens?

        (someone should go back thru old footage to find moments where he randomly just sits up and looks around - but i can’t imagine he could pass one without anyone around noticing… that would be like the actual smell of hell venting out)

  • Jackcooper@lemmy.world
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    2 months ago

    WalMarts whole thing is tiny profit margins

    They literally don’t have a choice. It isn’t about giving up profit margins, it’s about having a profit margin AT ALL.

    • Azal@pawb.social
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      2 months ago

      Walmarts whole thing is driving out competition. They’re the richest company in the world and supported Trump. They asked for this.

      • Anomalocaris@lemm.ee
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        2 months ago

        chance are they will rise prices way more than necessary to cover for the tariffs.

        they will cry that they had no choice and have record profits.

        • PieMePlenty@lemmy.world
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          2 months ago

          I never thought about it but… what are the chances they don’t have to pay tariffs on import? They raise prices because “tariffs”, but don’t actually pay them. I mean, tariffs are payed to the government by the importer. Trump is technically the mafia. What mechanisms are in place that would prohibit Wallmart from sucking Trumps cock in exchange for getting a secret special 0% import tax license?

          They are the biggest corporation. Rules don’t necessarily apply at that level. Trump would certainly listen to any proposition they may have.

            • PieMePlenty@lemmy.world
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              2 months ago

              Selling price can go up because of greed too.
              Tariffs can be the excuse.
              They dont need to pay them if they know which dick to suck.
              This is what Im pondering. Is this possible in trumps america?

  • Billiam@lemmy.world
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    2 months ago

    Walmart made BILLIONS OF DOLLARS last year, far more than expected.

    Under Joe Biden’s absolutely terrible, awful, most baddest saddest America-lastest economy?

  • MolecularCactus1324@lemmy.world
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    2 months ago

    What the fuck do you think businesses are gonna do? Their costs went up. Planet Money podcast had an interview with a small business owner that had to pay the 145% tariff on her imports ordered before the tariffs went into effect. On a $30,000 shipment, that’s an extra $43,500. You think businesses are gonna keep prices the same and eat that? They will go bankrupt.

    • Mog_fanatic@lemmy.world
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      2 months ago

      This is one of the most glaring problems with tariffs. Companies raise their prices and the tariff becomes basically a tax on the people. But within that is hidden the fact that gigantic companies can often hold off on raising prices because they have the money to deal with it in the short term and the massive markets to pull in discounted prices from suppliers. The result is humongous businesses like Walmart keep their prices low through the tariffs while your mom and pop shop down the street has no choice but to raise prices or go out of business cause they don’t have the kind of margins bigger companies do. They raise their prices, everyone flocks to huge businesses like Walmart who kept their prices lower, then mom and pop close up shop cause they aren’t selling anything at the higher prices. Then Walmart can do whatever they want cause they just tagged tariffs into the ring and murdered the competition. Tariffs have their place but they largely suck ass in a multitude of ways.

    • evenglow@lemmy.world
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      2 months ago

      Poor people can’t really boycott necessities. Doubly so when the other option is a dollar store or convenience store.

        • medgremlin@midwest.social
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          2 months ago

          No there are not. In many smaller/rural communities, the nearest non-Walmart store can be up to hours away and be more expensive. If you’re barely scraping by and you have to work long hours or multiple jobs to do so, you don’t have the time or spare income to tack on an extra 2 hours to your grocery shopping and pay 10-20% more. Walmart has done an exceedingly good job at wiping out the competition in small communities that have no alternatives. That’s why you don’t see as many Walmart stores in larger, more populated areas…their entire business model relies on killing the competition.

          And that’s not even getting into how their new employee orientation has to include information on how to sign up for food stamps.

          • Ensign_Crab@lemmy.world
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            2 months ago

            So like I said. I would like to see the toothless hayseeds that support trump boycott wal-mart.

            It will hurt both them and wal-mart.

            • medgremlin@midwest.social
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              2 months ago

              I have the suspicion that you aren’t really familiar with what rural poverty looks like. These are people that cannot qualify for credit cards, get taken advantage of by payday loans, and struggle to meet the basic necessities that don’t actually even add up to a reasonable standard of living. These are people that can’t afford to put enough gas in the tank of their car to drive to those other stores, and literally their only source of groceries is likely to be a Walmart if they’re lucky enough to have one in their town.

              There is a good amount of Schadenfreude to be had when it comes to Trump voters, but when you’re in the position of trying to help them control their diabetes and high blood pressure on a diet of cheap, processed, high-sugar, high-sodium crap, you’ll lose that spiteful glee real quick. These are people that are inextricably trapped by poverty, food deserts, healthcare deserts, and failing education systems that never really had a chance and it’s hard for me to find any real satisfaction in seeing them suffer.

              • Ensign_Crab@lemmy.world
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                2 months ago

                If they are so devoted to trump that they are willing to starve to satisfy one of his many petty grudges, that’s on them.

                • medgremlin@midwest.social
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                  2 months ago

                  I’m saying that they aren’t going to boycott Walmart because they don’t have the option to do so.

  • Volume@lemmy.world
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    2 months ago

    And once the trade war is done, the prices will remain higher due to “record profits” and “people will continue to pay it because they have to”.

    • Azal@pawb.social
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      2 months ago

      100% This. Walmart is far from the “aw shucks” helping the common man image it wants to portray

    • NotJohnSmith@feddit.uk
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      2 months ago

      Certainly what we appear to have experienced in the UK, I’m sure it’s the same in other countries

      • ohulancutash@feddit.uk
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        2 months ago

        Britain’s a bit different, as it’s caught in a perfect storm. It got a large amount of its energy from Russia, and the invasion hit just as Britain was also pouring massive investment into renewables and nuclear, which has to be paid for via energy bills. Add onto that the £40bn annual loss to the economy from Brexit and yeah, prices aren’t going down any time soon, but it isn’t necessarily because of profiteering. For example, rail freight operators have mothballed their electric fleet because the tariff per mile is so much higher than diesel at the moment. And they’re a business sector who can readily change from electricity.

  • Gammelfisch@lemmy.world
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    2 months ago

    The American Lukashenko supporters are clueless about tariffs. Oh the fuck well, let them pay more for products in every single red run welfare Oblast in the USA. Like many have typed, those prices are not going to decrease.

  • Azal@pawb.social
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    2 months ago

    Hahaha! This is the ONE time I agree with Trump.

    All defending the house that Sam built, it is the richest company in the world by revenue beating out Amzaon and state owned organizations like Saudi Aramco and Chinese controlled organizations. It regularly bullies its way into small towns, demanding tax cuts and the infrastructure to build their stores, run those stores at a loss until all competition is gone then raises prices to squeeze out the area. Then is happy to shut down the “bottom performing stores” leaving a wasteland behind for these towns that lost everything to the mega giant. They’re turning the home town of Bentonville into Austin, even driving out local business for their friends out of Austin.

    And the biggest thing is… Project 2025, all of this going on, written by the Heritage Foundation… The Walton Family Foundation is one of the big funders of the Heritage Foundation as well as many of the other Project 2025 advisory board partners. They made it easy to search even! https://www.waltonfamilyfoundation.org/grants-database

    I’ve come from its home town, Walmart has always pushed a radical republican conservative agenda. Walmart is not some hapless victim, this is pure 100% leopards dining on some faces that voted for the leopards eating faces party.

    • jj4211@lemmy.world
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      2 months ago

      Walmart is garbage, but the claim they can eat 30% tariffs because they made billions is by itself not a credible argument.

      They made 16 billion in profit, on the back of 650 billion in revenue. Percentage wise that’s 2.5%. The acquisition cost of the goods is a fraction of their operating costs, but if cost of acquiring the goods was even only 10% of their revenue, the tariffs are enough to push them red.

      If he is right then I would expect a nice analysis of the financials of Walmart showing this is feasible, rather than a hollow rant.

      Alternatively, if it were as he stated earlier temporary pain like medicine to fix the manufacturing imbalance, I would want a more coherent strategy. As it stands, businesses can’t plan around his tariff policy as it shifts day to day without warning. If they did bring home manufacturing at significant expense, they lose because Trump gives in and competition that didn’t bother has an advantage.

    • Furbag@lemmy.world
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      The only thing I agree with on Trump here is that he’s correctly pointing out that WalMart made billions in profits last year. Yes, WalMart supported this monster in the first place thinking it would work out for them in the long run, so it’s a leopards eating faces scenario for sure, and I wouldn’t be sad if WalMart lost profits this year because of Trump’s stupidity. It’s just too bad that regular people are going to suffer because WalMart killed the small businesses that used to support towns that they wormed their way into.

      We aren’t even done adjusting to inflation pricing, and here we are not getting slapped with a Trump Tax on top of it. Madness.

      • TehWorld@lemmy.world
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        2 months ago

        I’m pressure that Trump doesn’t ACTUALLY care. He just wants to PERFORM like he cares so He can deny that it’s his fault. Walmart won’t lose profits and Trump gets to look like he’s “trying hard” to keep prices low.

        • Azal@pawb.social
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          2 months ago

          I expect him to do absolutely nothing to Walmart, sure. I’m just REALLY REALLY hoping that he keeps ranting about them and gets his red hats angry at Walmart like he’s done to other corporations. I expect there won’t be any significant damage to its profits, but if it even tweaks the shareholders a little bit I’ll be over here cackling like a madman.

      • Psythik@lemm.ee
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        2 months ago

        That’s the one thing I agree with him on as well, but honestly what did he expect? Trump—of all people—should understand greed. Billionaires aren’t going to wilfully take a pay cut unless you force them to.

      • Azal@pawb.social
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        2 months ago

        The only thing I agree with on Trump here is that he’s correctly pointing out that WalMart made billions in profits last year.

        That’s pretty much exactly what I was saying. Really my only thing I appreciated is him going after Walmart, and okay, I’ll agree they should eat the profits on the tariffs, Musk may be the richest man, but the Waltons are the richest family and not by far. And yes, the tariffs are gonna suck for all of us and is one of the most mouth dribblingly stupid things that could ever be done. But here we are.

        For the people hurting. It sucks. I’m in the same pool too so I’m in the same neck deep madness that’s our current scenario. I’m sorry… I just can’t bring myself to care as I’ve lived in red states full of people voting against their will and despite years of attempting voting outreach, having friends tell me proudly they just didn’t vote even though they’re in more danger of the policies than I… I just kind of threw my hands up on empathy and said fuck it, I’m gonna put on a helmet, hunker down and try to ride out this fucking storm with those that I trust. So right now I’m taking what little pleasure I can through schadenfreude of watching one of the companies that put America right where it’s at currently get its hand bit by the dog it feeds.

  • TomMasz@lemmy.world
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    2 months ago

    If he’s supposed to be such a great businessman, why is he angry over this? This is exactly what a business does in a tariff situation. No business willingly reduces its margins, it just passes the costs onto the customer.