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It doesn’t raise consumer prices by much. The tariffs are on cost of good sold, not retail price. For most of the goods you buy at Walmart, the cost of goods so
by toasterlovin 7y ago
It doesn’t raise consumer prices by much. The tariffs are on cost of good sold, not retail price. For most of the goods you buy at Walmart, the cost of goods sold is a fraction of the retail price. Most of the retail price is paying for shipping, retail presence, etc. So a 25% tariff might only result in 5-10% higher prices for consumers. And that’s only on non-grocery goods, which make up a small fraction of most households’ expenditures. Not really a big deal, in other words.