Author Topic: Walmart Tells Chinese Suppliers to Absorb Cost of Trump’s Tariffs  (Read 665 times)

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Walmart Tells Chinese Suppliers to Absorb Cost of Trump’s Tariffs

John Binder 6 Mar 2025

Walmart, one of the nation’s biggest retailers, is telling its China-based suppliers to absorb the cost of President Donald Trump’s increased tariffs on Chinese-made products.

Sources told Bloomberg News that Walmart is asking Chinese suppliers to cut their prices — some by as much as 10 percent — so that Trump’s increased tariffs on China will be absorbed by the retailers rather than American consumers.

Chinese suppliers are reportedly trying to resist any lowering of their prices while some manufacturers are having to go outside China to source their materials.

A spokesperson for Walmart told Bloomberg that the retailer is looking to keep prices as low as possible for American consumers amid the increased tariffs on China.

The request from Walmart shows, yet again, that companies will look to absorb tariff costs despite claims from the establishment media and free trade enthusiasts that tariffs will drive inflation higher and raise prices to record levels.

Breitbart Economics Editor John Carney detailed this week how analysis has long shown that companies tend to absorb tariffs instead of passing such prices along to their customers:

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https://www.breitbart.com/politics/2025/03/06/walmart-tells-chinese-suppliers-absorb-cost-trumps-tariffs/
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Offline Weird Tolkienish Figure

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Re: Walmart Tells Chinese Suppliers to Absorb Cost of Trump’s Tariffs
« Reply #1 on: March 06, 2025, 02:59:05 pm »
Frankly, we should have been pursuing this policy since W's tenure, maybe earlier.

Offline Luis Gonzalez

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Re: Walmart Tells Chinese Suppliers to Absorb Cost of Trump’s Tariffs
« Reply #2 on: March 07, 2025, 06:32:30 pm »
Using the power of our economy as a blunt weapon.
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Offline Wingnut

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Re: Walmart Tells Chinese Suppliers to Absorb Cost of Trump’s Tariffs
« Reply #3 on: March 07, 2025, 06:42:18 pm »
Using the power of our economy as a blunt weapon.

Yup. 
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