• @[email protected]
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    fedilink
    212 days ago

    It can only be a way to offset the blame and make it out to not be his fault.

    Even if Walmart and other retailers were to eat the tarrifs, their profits margins would drop, which knocks their share price, which overall affects the entire US market.

    • @[email protected]
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      fedilink
      112 days ago

      Their profit margins would go negative. A profit margin of 10% is outstanding in business, but the tariffs wreck that.