They don't even need the tarrifs now. They won't ever let prices come back down
this post was submitted on 15 May 2025
253 points (98.8% liked)
News
29506 readers
1946 users here now
Welcome to the News community!
Rules:
1. Be civil
Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.
2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.
Obvious right or left wing sources will be removed at the mods discretion. Supporting links can be added in comments or posted seperately but not to the post body.
3. No bots, spam or self-promotion.
Only approved bots, which follow the guidelines for bots set by the instance, are allowed.
4. Post titles should be the same as the article used as source.
Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.
5. Only recent news is allowed.
Posts must be news from the most recent 30 days.
6. All posts must be news articles.
No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.
7. No duplicate posts.
If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.
8. Misinformation is prohibited.
Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.
9. No link shorteners.
The auto mod will contact you if a link shortener is detected, please delete your post if they are right.
10. Don't copy entire article in your post body
For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.
founded 2 years ago
MODERATORS
Is anyone really surprised that prices are going to stay high from this?
You mean just like the last time prices soared from the pandemic and never came back down?
They go up and they don't come down
This is the fundamental guiding principle of late-stage capitalism: what goes up must never come down.
Absolutely true.
Plus the fact that since there is no rational rhyme or reason for Trump changing tariffs on a whim at any second, businesses don’t want to take the risk.
I mean corruption.... And greed... The rich people made millions when he did all that shit
Dude, you really think turnip won't have a massive win, and things will get cheaper? He's making America great again! /s
Oof, Walmart being their favored store this is gut punch right into MAGAts every where
Hot take, but could this be Obama‘s fault somehow?
Definitely Biden. Fox News was playing in a restaurant I was in for 10 minutes and the entire time they were obsessed with Biden.
Always, did you know the fall of Rome was orchestrated by Obama himself?
That's a movie on Hunter Bidens laptop
It's their favorite store, just after dollar general.
That's because you have to pass 3 dollar generals to get to the Walmart.
Nice use of a picture of dumbbells to represent their customer base.
For the economic safety of the US’ citizens, we really need to figure out how to get rid of a president’s ability to put tariffs on anything. We’ve found out what happens when there’s nothing stopping a president from just pushing them out frivolously. They just should not be able to do this. If we need to put tariffs on anything, it needs to be something passed in the House and Senate. Slowing it down so people actually think things through like real professionals is the key. It should not be done by the president ever again. No exceptions. No saying “Maybe the next president can be trusted to not do this.” They can’t be.
The voters are the problem dude. Congress can take back this power any time they want. They won't because their constituents don't know how anything works, and they know that most of them won't even take an electoral hit for their inaction on this.
There is no rule you can put in place in a democracy that can protect voters from themselves.
Those profits came from selling goods brought in before the tariffs.
They did, and raising your prices for expecting the tariffs to make things more expensive is pretty normal.
That said, All of the companies are just given a free rein to do whatever the hell they want right now, prices on everything are going to skyrocket and stay there, economy decline and inflation incoming.
its funny how the news is flooded with trumps obvious gaffes9(his plane grift), and the reports of tariffs have suddenly gone silent now. were just hearing pieces here and there instead of being at the topic of every MSMs.
The headline seems to be interpreted by others here that the two parts are linked, but they don't directly relate. Sales being solid doesn't say anything about costs. Revenue was up but EPS was down quarter over quarter.
We'll see if the China tariff pause will help.
https://apple.news/Acq4g9QMtS-SKYiEYYqSJ8w
This says, Walmart the world’s largest retailer, said President Donald Trump’s tariffs are “too high” and it will raise prices on some items as Trump’s global trade war increases the company’s costs.
There isn't any pause.
Tariffs on Chinese imports are 55%.
I guess I was very unclear in my argument.
ITT Walmart is raising prices despite making more money than ever. In reality, Walmart is earning less than last year and trying to recoup tariff costs through price increases. The difference is in if you understand that sales being up doesn't mean profits are up.
Tariffs still being in effect means Walmart is justified in its actions.
I assume that people will just buy less.
I assume that people will just take on more debt.