Wal-Mart Says Tariffs Will Increase Consumer Prices

Dec 2006
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They have two choices basically: Accept lower profits for their shareholders, or increase costs for consumers. Which do you think they'll choose?

There is a third option, they could just get rid of as many workers as possible. Surely that won't hurt local economies in the Midwest, right?

The White House this week escalated President Donald Trump's trade war, adding tariffs of 10 percent on another $200 billion on imported Chinese goods effective Sept. 24, ahead of the busy holiday shopping season. That penalty will rise to 25 percent beginning Jan. 1.

That means companies like Walmart will start paying a tax on goods they import from China, raising their costs and potentially cutting profit unless they pass the cost increases to their millions of shoppers.

Walmart, in the letter, listed a wide swath of goods that may soon cost consumers more: fish, vegetables, nuts, grains, flours; personal care products from makeup to shampoo; luggage and handbags; bicycles and motorcycles; leather apparel hats, hand tools and some furniture; lighting and mirrors including Christmas lights; monitors; paper tablecloths, napkins, plates and cups, toilet and tissue paper; dog leashes, home air conditioners, refrigerators, vacuum cleaners and calculators.

Walmart warning it'll raise prices as Trump's China tariffs kick in
"Trade wars are good, and easy to win."

Well sure, if you live in a house with gold toilets I suppose they are.

Welp. Some days I think America got the President it deserves, folks.
 
Dec 2006
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LOL dream on.

America is not a manufacturing economy anymore. That ship has sailed. This is going to cost all of us more money.

How's that extra money in your paycheck from the Great American Tax Cut going? This year it expires a little bit and your tax cut is less. Next year it expires a little bit more. They're taking every penny they're giving you now back from you in ten years a little at a time, and leaving you with the aftermath of these "easy" trade wars.

But as we all know, their tax cuts remain permanent.

Winning AF
 
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They have two choices basically: Accept lower profits for their shareholders, or increase costs for consumers. Which do you think they'll choose?

There is a third option, they could just get rid of as many workers as possible. Surely that won't hurt local economies in the Midwest, right?



"Trade wars are good, and easy to win."

Well sure, if you live in a house with gold toilets I suppose they are.

Welp. Some days I think America got the President it deserves, folks.
I am pretty sure the price of pistachios and almonds is going to go down, but anything made in China won't, and that's roughly 70% of what Wal-Mart sells.
 
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On chinese junk.
Someone didn't bother to read a word of the article and just jumped into the thread in automatic defense of their favorite windbag.

Walmart, in the letter, listed a wide swath of goods that may soon cost consumers more: fish, vegetables, nuts, grains, flours; personal care products from makeup to shampoo; luggage and handbags; bicycles and motorcycles; leather apparel hats, hand tools and some furniture; lighting and mirrors including Christmas lights; monitors; paper tablecloths, napkins, plates and cups, toilet and tissue paper; dog leashes, home air conditioners, refrigerators, vacuum cleaners and calculators.
 
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Have fun watching everything electronic increase in price. Your cars, your TV's, anything with a circuit board.

Are there any computer components made in America?

Yes, there are—but not every part of these components is made in America. Finished components like DRAM and SSDs use domestically-produced NAND wafers, but may use circuit boards, controllers, and other parts imported from around the globe.

Intel manufactures microprocessor wafers in several U.S. fabrication plants. Its Chandler, Arizona facility makes 14 nm and 32 nm microprocessors, and plants in Hudson, Massachusetts and Rio Rancho, New Mexico make 22 nm and 32 nm microprocessors respectively. A Hillsboro, Oregon plant makes development wafers.

Micron has manufacturing facilities outside of Salt Lake City, Utah and Boise, Idaho. It shares the Utah location with IM Flash technologies, which makes flash chips for their solid-state drives. These chips end up in DRAM and SSDs produced under the Crucial brand.

Mushkin boasts a USA-made status on its packaging, and has a manufacturing facility outside of Austin. The company commonly sources NAND wafers; for example, the Striker SSD uses Micron 16 nm MLC NAND. Samsung also manufactures a variety NAND Flash memory chips in Austin, the location of its only facility located outside of Korea. This location is reportedly building Apple’s new A9 chip.

Patriot Memory builds DRAM and thumb drives in its Fremont, California plant. It also has manufacturing facilities in Taiwan.

Beyond these semiconductors, however, there really is not much in the way of computer hardware manufactured in the United States.
Born in the USA: Computer Hardware Made in America - Smart Buyer