Daftydux@lemmy.dbzer0.com to No Stupid Questions@lemmy.worldEnglish · edit-230 days agoIf corporations are the GOP and the GOP are corporations why isn't it assumed that corporations will stem inflation due to tarrifs while the GOP is in power, even if it's at loss?message-squaremessage-square15linkfedilinkarrow-up15arrow-down111
arrow-up1-6arrow-down1message-squareIf corporations are the GOP and the GOP are corporations why isn't it assumed that corporations will stem inflation due to tarrifs while the GOP is in power, even if it's at loss?Daftydux@lemmy.dbzer0.com to No Stupid Questions@lemmy.worldEnglish · edit-230 days agomessage-square15linkfedilink
minus-squareGeneral_Effort@lemmy.worldlinkfedilinkarrow-up6·edit-230 days agoMostly, they can’t. Businesses like Walmart have margins of around 3-4% or so. If the cost goes up an extra 10% or more, that’s it. Besides, I don’t see why they would prop up a guy who’s ruining them, anyway. Even if it didn’t require gifting billions to customers.
minus-squareDaftydux@lemmy.dbzer0.comOPlinkfedilinkEnglisharrow-up1·30 days agoWalmart seems to be working with trump already to stem the losses. Walmart isn’t the only major player.
Mostly, they can’t. Businesses like Walmart have margins of around 3-4% or so. If the cost goes up an extra 10% or more, that’s it.
Besides, I don’t see why they would prop up a guy who’s ruining them, anyway. Even if it didn’t require gifting billions to customers.
Walmart seems to be working with trump already to stem the losses. Walmart isn’t the only major player.