Team Trump Finally Admits Americans Pay for Tariffs

Monday, May 19, 2025

The Trump administration conceded this weekend what economists, CEOs and consumers already knew: Americans pay for tariffs.

Posted by reinheitsgebot at 11:30 AM | 11 COMMENTS | permalink | Comment on This Entry |

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Walmart CEO Doug McMillon said earlier this week that some prices could rise because of the tariffs imposed by President Trump. Trump responded on Saturday, urging the world's biggest retailer to simply absorb the consequences of his trade war.

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-- The Washington Post (@washingtonpost.com) May 18, 2025 at 10:16 AM

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Trump is a stupid, lying sumbitch who counts on everyone else being as stupid as he is. Given recent administration chatter, threats of military action tribunals against Walmart executives should be ext.

#1 | Posted by Zed at 2025-05-19 11:48 AM | Reply

Trump's default response to inconvenient reality is to threaten all within earshot. As a mode of governance it guarantees disaster.

#2 | Posted by Zed at 2025-05-19 11:51 AM | Reply | Newsworthy 1

But will Trumpers ever figure out that consumers pay tariff taxes?

#3 | Posted by snoofy at 2025-05-19 12:20 PM | Reply

Trump is a stupid, lying sumbitch who counts on everyone else being as stupid as he is.

He also counts on everyone else to be afraid of him.

#4 | Posted by Nixon at 2025-05-19 12:36 PM | Reply

Nothing but an incredibly stupid sock puppet of Stephan Miller and Russell Vought.

#5 | Posted by Yodagirl at 2025-05-19 12:56 PM | Reply

I suspect that WalMart's executive team will focus on shareholder value, rather than appeasing a bully. Willingly cutting profits is a great way for a CEO to lose his/her job...

#6 | Posted by catdog at 2025-05-19 01:12 PM | Reply

Every f'n idiot knows this, but still Trump lied about it. I get why he tried; it's a way to lower the debt without cutting spending, but it was always doomed. Like a salesman, Trump knows how to promote. But, after the sale, his execution sucks. It always has. I'll be f'n joyful when this era of magical thinking is finished. Trump is a coward. Make the f'n cuts or STFU.

#7 | Posted by lee_the_agent at 2025-05-19 01:26 PM | Reply

I suspect that WalMart's executive team will focus on shareholder value, rather than appeasing a bully. Willingly cutting profits is a great way for a CEO to lose his/her job...

#6 | Posted by catdog at 2025-05-19 01:12 PM

Walmart's CFO said that they might hold off on raising the prices of some products so as to gain more market share as the smaller retailers won't be able to absorb the price increases as well as they can. And yet people still wonder why so many despise Walmart and have sworn to never shop there (I can count on one hand the number of times that I've been inside a Walmart store).

OCU

#8 | Posted by OCUser at 2025-05-19 01:50 PM | Reply

Remember when republicans pretended to care about small businesses.

That was before they became the party of the oligarchs.

#9 | Posted by ClownShack at 2025-05-19 01:55 PM | Reply

Donnie Six Bankruptcies Berates Companies for Warning About Tariffs

www.nytimes.com

#10 | Posted by reinheitsgebot at 2025-05-19 05:05 PM | Reply

And his 7th is in progress.

#11 | Posted by Yodagirl at 2025-05-19 05:47 PM | Reply