return2ozma@lemmy.world to News@lemmy.world · 10 hours agoTrump tells Walmart to 'eat the tariffs' after retailer warned it will raise priceswww.cnbc.comexternal-linkmessage-square39fedilinkarrow-up1250arrow-down14
arrow-up1246arrow-down1external-linkTrump tells Walmart to 'eat the tariffs' after retailer warned it will raise priceswww.cnbc.comreturn2ozma@lemmy.world to News@lemmy.world · 10 hours agomessage-square39fedilink
minus-squareSilverCode@lemm.eelinkfedilinkarrow-up13arrow-down1·9 hours agoIt can only be a way to offset the blame and make it out to not be his fault. Even if Walmart and other retailers were to eat the tarrifs, their profits margins would drop, which knocks their share price, which overall affects the entire US market.
minus-squarebradorsomething@ttrpg.networklinkfedilinkarrow-up7·8 hours agoTheir profit margins would go negative. A profit margin of 10% is outstanding in business, but the tariffs wreck that.
It can only be a way to offset the blame and make it out to not be his fault.
Even if Walmart and other retailers were to eat the tarrifs, their profits margins would drop, which knocks their share price, which overall affects the entire US market.
Their profit margins would go negative. A profit margin of 10% is outstanding in business, but the tariffs wreck that.