Traitor Watch - The 45 & 47 Thread

[wonko the sane?]

Literally. The 30% tariffs are only for 90 days. Afterwards it's supposed to go back to the 145% line: in which case (if walmart did what it was told and just ate the costs.) they would be losing money on literally every single sale.

But of course, walmart won't: the single point of access for millions cannot just give up and die. It would literally kill hundreds if not thousands of small towns that are trapped in walmarts thrall.

 

[Axaday]

At TEN % they'd be losing money on literally every single sale.

Man, I get in the comments on Facebook and discuss stuff with total fools and there are people out there saying business will eat a 145% tariff and I just really, really don't even. How high would your profit margin need to be to pay 2.5 times as much for your wares and say "Oh, that's fine!" Maybe if I'd been charging 10x what my wares cost me.

 

[Axaday]

Literally. The 30% tariffs are only for 90 days. Afterwards it's supposed to go back to the 145% line

I THINK that "temporary" is a face-saving term for Trump. If it is anything other than temporary you are just saying you made a mistake. But in 90 days of this administration there will be plenty of other things to talk about he can just not turn it back up. It won't go UNNOTICED and he'll get some heckling for it, but it is still easier that way.

 

[Cybersnark]

But of course, walmart won't: the single point of access for millions cannot just give up and die. It would literally kill hundreds if not thousands of small towns that are trapped in walmarts thrall.

You say that like anyone at (the C-Suite level of) Walmart actually cares about actual people.

They do, OTOH, care about their bottom line, and that's they they won't accept losing money on this. They're not the kind of cultists who will burn down their own houses because the orange messiah orders them to; their obedience is conditional.

 

[Pocket]

How high would your profit margin need to be to pay 2.5 times as much for your wares and say "Oh, that's fine!" Maybe if I'd been charging 10x what my wares cost me.

There are definitely a lot of people across the political spectrum who believe that's actually what the profit margin is on most goods, and that it's mostly going to the CEO and shareholders. And maybe for a few products out there, it is somewhere in that neighborhood, if you tally up the profit margins of every single company that touches the product from the extraction of its raw materials to the drive home from the store.

The only way to really know would be if Trump had any interest in actually enforcing these ridiculous demands of his, instead of just making it known that he wants certain things to happen and that we should not blame him when they don't.