this post was submitted on 17 May 2025
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politics

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[–] BetaBlake@lemmy.world 3 points 21 minutes ago (1 children)

This asshole isn't dead yet?

[–] cabron_offsets@lemmy.world 2 points 11 minutes ago

Thoughts and prayers.

[–] ArchmageAzor@lemmy.world 0 points 40 minutes ago (3 children)

Wow, he's taking the side of the consumers against the corpos for once.

[–] TemplaerDude@lemm.ee 1 points 14 minutes ago

Lol I hope you're being sarcastic lol

[–] Pacattack57@lemmy.world 4 points 23 minutes ago

You’re actually insane if you believe that. He is and always will side with himself. He’s throwing a tantrum because them raising prices will make him look bad. Regardless of what you believe about economics it is not reasonable to expect a business in a free market economy to eat the cost of a tariff. Again it is irrelevant that they are morally corrupt and probably could eat it.

His entire life is him taking advantage of stupid people and now he’s asking someone to help out the little guy? Get real.

[–] HobbitFoot@thelemmy.club 1 points 28 minutes ago

Yeah, but because the inflation makes him look bad.

[–] Nocomment@reddthat.com 28 points 2 hours ago (2 children)

Dear 47, tariffs are essentially sales taxes based on origin rather than point of sale. If a business has, lets say, a 2.5% profit margin they cannot “eat” tariffs larger than that because to do so would defeat the purpose of being in business (to make profit) in the first place, and said business would soon be bankrupt. I know you know what that is, having numerous failed business’ yourself.

I just looked earlier today at WalMart’s self- reported profit margin for FY 2024, and it was approximately 4.2%. I had much the same thought. Even if tariffs are only raised by 10% on their imported products, that has the potential to completely disappear their profits. I’m enough of a socialist-leaning person to need to point out this: The American conception of corporations only purpose being profit machines has only existed in its current form since he 1980s, and is not an absolute law of economics. However, I’m certain that Trump is only interested in making Trump look good.

[–] Boddhisatva@lemmy.world 4 points 1 hour ago

"Bah! They can make it up in volume!" - Trump probably

Capitalist mad at another Capitalist for... doing basic Capitalism stuff...

🤔

[–] TomMasz@lemmy.world 18 points 3 hours ago (1 children)

If he's supposed to be such a great businessman, why is he angry over this? This is exactly what a business does in a tariff situation. No business willingly reduces its margins, it just passes the costs onto the customer.

[–] APassenger@lemmy.world 6 points 1 hour ago

His uninformed voters buy it.

It's that simple. That and Trump is used to bullying.

[–] billiam0202@lemmy.world 37 points 3 hours ago

Walmart made BILLIONS OF DOLLARS last year, far more than expected.

Under Joe Biden's absolutely terrible, awful, most baddest saddest America-lastest economy?

[–] GoodOleAmerika@lemmy.world 5 points 2 hours ago

Take their tax benefit out Mr trump

[–] satanmat@lemmy.world 161 points 5 hours ago (2 children)

Wow. I used to think he just couldn't stop lying about tariffs...

But now I'm convinced he has NO idea what they are or how they work... NONE

[–] ToadOfHypnosis@lemm.ee 113 points 5 hours ago (3 children)

He is exceptionally stupid.

[–] shittydwarf@sh.itjust.works 91 points 5 hours ago (1 children)

"Donald Trump was the dumbest goddamn student I ever had." - Professor William T. Kelley, Wharton School of Business and Finance

[–] DogPeePoo@lemm.ee 16 points 3 hours ago

“This guy is a fucking Moron…”

—Rex Tillerson, Trump’s handpicked first Secretary of State

[–] Blackout@fedia.io 54 points 5 hours ago (1 children)

Yeah everyone tries to convince me he's smart and the ignorance is an act but I don't buy it. He truly is mega dumb.

[–] grte@lemmy.ca 41 points 5 hours ago (5 children)

He's an idiot-savant. A total moron with a special talent for self promotion. Which it turns out gets you very far in life (along with the head start one gets being born wealthy).

[–] cabron_offsets@lemmy.world 1 points 9 minutes ago

No, he’s just profoundly mentally ill. His narcissism is a singular force of nature.

[–] Alaik@lemmy.zip 32 points 4 hours ago (1 children)

It's really just the born wealthy. Your family is the biggest factor in success. That's why so many rich fucks are dumb as posts, they're born rich; they didn't earn it, and they've never had to develop problem solving skills because they've never faced adversity.

[–] XnxCuX@lemmy.world 17 points 4 hours ago

Yup, see Elon Musk

[–] ToadOfHypnosis@lemm.ee 12 points 4 hours ago

Self promotion is a lot easier with a super rich daddy opening all the doors for you from jump. Don’t forget he’s a hardcore nepo-baby.

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[–] givesomefucks@lemmy.world 33 points 5 hours ago (2 children)

That's the thing about spending 70 years lying and having someone else fire anyone that disagrees...

You start believing it all.

Same shit happened to Elon and loads of other rich people, they stop getting real feedback and understanding that they're being lied to.

The honestly believe their own bullshit, and they just don't know how to react to the truth.

We saw it with the interview about the ms13 tattoo, trump doesn't even know how to argue anymore, he's used to everyone just agreeing with him, so when they don't his only argument is "why aren't you saying what I want you to say, do you not understand what I want you to say?"

Because that's the only time they hear what they dont want to; when the person talking to them is confused about what they want to hear

[–] satanmat@lemmy.world 1 points 19 minutes ago

That's a bingo!

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[–] MolecularCactus1324@lemmy.world 42 points 4 hours ago (1 children)

What the fuck do you think businesses are gonna do? Their costs went up. Planet Money podcast had an interview with a small business owner that had to pay the 145% tariff on her imports ordered before the tariffs went into effect. On a $30,000 shipment, that’s an extra $43,500. You think businesses are gonna keep prices the same and eat that? They will go bankrupt.

[–] cdf12345@lemm.ee 19 points 3 hours ago (1 children)
[–] blakenong@lemmings.world 2 points 2 hours ago

Yeah I’ve noticed my parts have gone up in price.

[–] Coolbeanschilly@lemmy.ca 28 points 5 hours ago (1 children)

Reality does not conform to dementia hallucinations. This is what happens when you vote for a geriatric cantaloupe.

[–] mjhelto@lemm.ee 2 points 32 minutes ago

But cantaloupe are only orange on the inside. tRump is, as far as we know, only orange on the outside.

[–] BigMacHole@lemm.ee 26 points 5 hours ago (1 children)

The Waltons didn't spend MILLIONS OF DOLLARS ELECTING TRUMP just so he'll YELL at Them! MAYBE with a Couple More Million he'll STOP IT!

[–] Maeve@kbin.earth 15 points 4 hours ago (2 children)

NGL, it's hard to be mad at him for telling megacorporations to eat it. But it's the workers who will suffer.

[–] Stovetop@lemmy.world 5 points 3 hours ago (1 children)

Workers and the customers. Walmart does have a captive audience in some regions where they priced all local businesses out of competition and they're often the cheapest option available for lower-income shoppers without much disposable income.

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[–] evenglow@lemmy.world 3 points 3 hours ago

The only reason Trump told corps to take the tariff loss is so that Trump and Republicans don't.

He created the problem and expects other people to take the blame. Standard operating procedure.

[–] jordanlund@lemmy.world 18 points 4 hours ago* (last edited 4 hours ago)

He really doesn't understand tariffs or business or, really much of anything, does he? Businesses pass on costs to consumers, if the government intentionally increases costs China isn't paying it, Walmart isn't paying it, where does he think the money comes from?

I have a very good relationship with a small bookstore here, a lot of their magazines are printed in Canada and a lot of their books are printed in China. I'm VERY worried for them.

They aren't in a position to absorb the costs, but at the same time, raising prices will turn off their customers. And they BARELY survived Covid.

They can't go to companies like Marvel and go "Hey, pretty please, with sugar on top, can you stop printing in Canada and China?"

[–] Ensign_Crab@lemmy.world 11 points 4 hours ago (1 children)

Oh, I hope his cult boycotts wal-mart.

[–] evenglow@lemmy.world 6 points 3 hours ago (1 children)

Poor people can't really boycott necessities. Doubly so when the other option is a dollar store or convenience store.

[–] Ensign_Crab@lemmy.world 1 points 2 hours ago (1 children)

There are other grocery chains.

[–] evenglow@lemmy.world 3 points 1 hour ago

Oh, I had no idea. Problem solved.

[–] toy_boat_toy_boat@lemmy.world 20 points 5 hours ago (1 children)
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[–] vegeta@lemmy.world 31 points 5 hours ago

Trump rages at truth, facts and concrete .evidence

[–] Redditsux@lemmy.world 29 points 5 hours ago (3 children)

Well Walton family, you know what you have to do.

[–] klu9@lemmy.ca 31 points 5 hours ago (1 children)
[–] medicsofanarchy@lemmy.world 6 points 3 hours ago (1 children)

If you don't want the SS coming after you for "threatening the president", make it "23-skidoo47".

[–] Iheartcheese@lemmy.world 4 points 3 hours ago

Just say in Minecraft

[–] Blackout@fedia.io 20 points 5 hours ago

Get rid of Trump like they got rid of 1000s of small American businesses and well paying jobs?

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[–] Bieren@lemmy.world 6 points 4 hours ago (1 children)

Price of his diapers went up.

[–] blakenong@lemmings.world 1 points 2 hours ago

And his tanning lotion

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