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What are the real world implications of this? Is stuff at Walmart suddenly going to get more expensive? Or is that not how this works?
by clay_the_ripper 8y ago
What are the real world implications of this? Is stuff at Walmart suddenly going to get more expensive? Or is that not how this works?
- burfog 8y agoSome of the stuff does, but Walmart will change what they offer. You'll see more stuff made in other countries. Walmart will not stubbornly continue buying from China. Meanwhile, wages/salary in the USA are likely to go up a little bit, more or less compensating for any increase in costs.
- thecolorblue 8y agoAnything that is made of inexpensive electronics will increase in price. Then anything that uses electronics will go up in price. It is tough to say how much, as demand will shift to equivelant products as the cost increases, but it's safe to say the any computer hardware will have some increase in price. Since computers are used in every industry it could cause any other low margin product to increase in price as there is no room for the company to eat the cost of the tariff. The interesting part is that we don't know how the economy will respond to tech becoming more expensive as that is not the trend. Technology usually gets less expensive. I'm only focusing on the tech side of things. There could be different affects in other industies.