The enemy of my enemy is not a friend. Let them fight. ๐ฟ
forcibly applies an importation tax
retailer raises price to pay import taxes
gets big mad for retailers for passing import taxes to consumers
Whats next, getting upset retailers pass the cost of materials and labor to consumers?
Is trump becoming a radical leftist? ๐ค
This thought process is going kill small businesses that cannot absorb tariffs. If Walmart sell an item that I also sell in my shop and Walmart keeps the item the same price it was before the tariffs, but I have to raise my price, where do you think people are going to buy?
Let us use Pokemon cards as an example. Packs are about $4.49. Typical keystone markup dictates we are paying ~$2.25 per pack (I wish I was paying that little for pokemon). But now there is a tariff of 50% and the manufacturer wants to pass that cost along to the consumer, so I am now paying $3.37 a pack, so if I want to keystone I need to sell at $6.75, while Walmart absorbs the cost and sells at $4.49. That does not look like too much.
But what about a $150 board game? I am now selling it at $225 and Walmart still has it at $150, I look like the greedy bastard trying to milk my customers.
Last year. He introduced tariffs this year.