News@lemmy.world · 1 day ago

Walmart just leveled with Americans: China won’t be paying for Trump’s tariffs, in all likelihood you will

fortune.com

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Walmart just leveled with Americans: China won’t be paying for Trump’s tariffs, in all likelihood you will

fortune.com

fukhueson@lemmy.world to

News@lemmy.world · 1 day ago

Trump promised voters tariffs are a panacea for the economy, but Walmart finance chief John David Rainey warned they will be inflationary for customers.

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Where does the money raised by the tariffs go?
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