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Walmart says higher tariffs on China goods will increase prices for shoppers
Posted by: Steve G.
Date: May 16, 2019 07:29AM
This is 'roll your own joke' thread.
Have at it, gang.

Walmart says higher tariffs on China goods will increase prices for shoppers
[www.reuters.com]

(Reuters) - Walmart Inc said on Thursday that prices for shoppers will go up due to higher tariffs on imports from China as it reported overall revenue and online sales growth slowed in the first quarter.

U.S. President Donald Trump increased tariffs on $200 billion worth of Chinese imports to 25 percent from 10 percent last week. The move is widely expected to raise prices on thousands of products including clothing, furniture and electronics.

Walmart Chief Financial Brett Biggs told Reuters that higher tariffs will increase prices for consumers but the company is working on mitigation strategies.
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Re: Walmart says higher tariffs on China goods will increase prices for shoppers
Posted by: rjmacs
Date: May 16, 2019 07:31AM
Good.



rj
AKA
Vreemac, Moth of the Future
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Re: Walmart says higher tariffs on China goods will increase prices for shoppers
Posted by: Bernie
Date: May 16, 2019 08:19AM
I just bought some rechargeable batteries for my tools before the price goes up.




Staunton, Virginia
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Re: Walmart says higher tariffs on China goods will increase prices for shoppers
Posted by: deckeda
Date: May 16, 2019 08:29AM
Quote
Bernie
I just bought some rechargeable batteries for my tools before the price goes up.

Why do you hate America so?









it's a joke, sorta
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Re: Walmart says higher tariffs on China goods will increase prices for shoppers
Posted by: deckeda
Date: May 16, 2019 08:30AM
Walmart Inc said on Thursday that prices for shoppers will go up

Not a problem. I'll buy my shoppers from proper American retailers instead.


Geez, everyone thinks this tariff stuff is hard to figure out.
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Re: Walmart says higher tariffs on China goods will increase prices for shoppers
Posted by: rjmacs
Date: May 16, 2019 08:34AM
Quote
Bernie
I just bought some rechargeable batteries for my tools before the price goes up.

You've outsmarted China! You and the president both.



rj
AKA
Vreemac, Moth of the Future
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Re: Walmart says higher tariffs on China goods will increase prices for shoppers
Posted by: Lux Interior
Date: May 16, 2019 02:36PM
File this one under "Well, duh."
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