Recently Walmart announced that they would have to implement price increases as tariffs on the products that they import go into effect. Yes, precisely what anyone with an ounce of economics knowledge knew was going to happen despite Donold Trumps insistence that China would be paying the tariffs.
But in the face of reality, Trump is telling Walmart to eat the tariffs. Well, despite his contention that they can afford to do so, this is an admission that he has been lying to us all along. American importers and eventually American consumers will pay the tariffs...not foreign companies or foreign governments.
Yet not a single Republican is going to call him out on it.
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