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CNN: Walmart Prices Will Skyrocket 250% Under Trump's China Tariff!
NewsBusters ^ | Mark Finkelstein

Posted on 11/26/2024 9:10:36 AM PST by governsleastgovernsbest

On CNN This Morning, CNN senior political analyst Mark Preston warned that under Trump's proposed tariff increase on China, "when you go to Walmart, you're not going to get something for like $3.99. It's going to be $13.99."

That's a 250% price increase! Trump has proposed increasing existing tariffs on Chinese goods by only 10%. So Mark, where's the additional 240% coming from? CNN correspondent Jeff Zeleny agreed with Preston's absurd scaremongering: "Exactly."

Get the rest of the story and view the video here.

(Excerpt) Read more at newsbusters.org ...


TOPICS:
KEYWORDS: cnn; tariffs; tds; tdsbs; trump; walmart
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To: P-Marlowe
I look for products made in Vietnam the USA. Most everything from there is pretty well made. Furniture and clothing.

Fixed it.

41 posted on 11/26/2024 9:34:01 AM PST by central_va (I won't be reconstructed and I do not give a damn...)
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To: governsleastgovernsbest

Well maybe once China stops importing Fentanyl that is killing hundreds of thousands of American citizens the tariffs will end Ive noticed NO ONE in the commie media says WHY Trump wants to do the tariffs, goes against their narrative


42 posted on 11/26/2024 9:34:17 AM PST by Sarah Barracuda
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To: governsleastgovernsbest

I always thought Walmart was the bad, evil corporate giant guy?

Now they’re concerned about them?


43 posted on 11/26/2024 9:34:45 AM PST by fwdude (Why is there a "far/radical right," but damned if they'll admit that there is a far/radical left?)
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To: governsleastgovernsbest
CNN: Walmart Prices Will Skyrocket 250% Under Trump's China Tariff!

CNN is FULL of $HIT! NO Problem, however!... SOLUTION: Just WON'T SHOP at Walmart anymore, EVER again!

44 posted on 11/26/2024 9:34:49 AM PST by VideoDoctor
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To: governsleastgovernsbest

Let the free markets dictate the economy. Small American businesses will thrive while Walmart struggles to find American products to cut its tariffs.

Walmart built its empire on “Made in America” before switching to “Made everywhere but America”.


45 posted on 11/26/2024 9:34:57 AM PST by stars & stripes forever (Blessed is the nation whose GOD is the LORD. (Psalm 33:12))
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To: governsleastgovernsbest

Hyperbole aside, prices of ALL imported goods will go up.

And this is a good thing.

That $79 pair of work boots will be more like $129. And they’ll be alongside a pair made in USA for $139.


46 posted on 11/26/2024 9:34:59 AM PST by Mariner (War Criminal #18)
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To: governsleastgovernsbest

And we, of course, will believe CNN.
After all, they were correct on all they’ve reported during the past four years of the Biden Crime Family accompanied by his weird and corrupt cabinet freak show. For example, they were correct in ... uh...uh...feggedabowdit. CNN, admit it, you’re dead, dead, dead.


47 posted on 11/26/2024 9:35:08 AM PST by Da Coyote (H)
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To: AZJeep

MATH IS HARD FOR LIBERALS


48 posted on 11/26/2024 9:35:30 AM PST by ridesthemiles (not giving up on TRUMP---EVER)
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To: governsleastgovernsbest

No one has any reason to believe a word you say.

You lie 24/7.

Everybody knows it.


49 posted on 11/26/2024 9:35:35 AM PST by WeaslesRippedMyFlesh
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To: redfreedom

“We will have to go through a change back to US made and that will be painful for many. But if we don’t we will be doomed.”

Truth.


50 posted on 11/26/2024 9:36:17 AM PST by Mariner (War Criminal #18)
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To: governsleastgovernsbest

Liberals lie to create fear.

Here’s a flash for the lamestream media: Trump is NOT Hitler. His backers - half the American people - are NOT in a cult - and giving a platform for idiots to say prices at Walmart will go up 250% is stupid. CNN would be right more often if they brought in someone who read tea leaves...


51 posted on 11/26/2024 9:39:49 AM PST by GOPJ (MAGA is not a historical blip. It is a trend https://freerepublic.com/focus/f-bloggers/4280749/posts)
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To: EBH
I will explain. There is a thing called a profit margin. The manufacturer has their profit margin. The middlemen have theirs. Then the retailers marks it up again. By the time you buy it in Walmart it has been marked up 3 times, close to 30%

So now there is a 10% tariff. The manufacturer "eats" 3.3% of their profit margin, the middle man "eats" 3.3% and the retail "eats" 1%. The net effect is a 2-3% increase of the RETAIL price, not 10%.

52 posted on 11/26/2024 9:39:56 AM PST by central_va (I won't be reconstructed and I do not give a damn...)
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To: redfreedom

Yes, when Sam was alive he liked American suppliers.
He also beat them up so bad on the price, they had to find a cheaper source of labor.
He was not the pick up driving old boy the company like to portray.
I would run into him in NE Oklahoma and NW Arkansas frequently.
He was thin skinned, and greedy.


53 posted on 11/26/2024 9:41:00 AM PST by Iceclimber58
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To: central_va

You do realize that goods bought from Chyna are marked up 10x once they cross your border… oh, wait, you don’t realize that… lol

Enjoy your $58 thanksgiving dinner for 10, maybe even throw in some unicorn fart flavoured rainbow skittles for dessert!! Yummy!!


54 posted on 11/26/2024 9:43:32 AM PST by Melinator2 (Normal Life Please!!)
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To: governsleastgovernsbest

The Gaslight Media.


55 posted on 11/26/2024 9:43:35 AM PST by kiryandil (No one in AZ that voted for Trump voted for Gallego )
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To: Raycpa

Great point!

I always love hearing Bernie Sanders say “gr-e-e-e-e-d” :-)


56 posted on 11/26/2024 9:48:02 AM PST by governsleastgovernsbest (Please ping or FReepmail me to be added to the Liberal Media Criticism ping list.)
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To: governsleastgovernsbest

So cnn thinks overdose deaths and poisonous prc products are worth cheap prices at Walmart?


57 posted on 11/26/2024 9:52:33 AM PST by Harpotoo (Being a socialist is a lot easier than having to WORK like the rest of US:-))
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To: governsleastgovernsbest

Wasn’t it President George W. Bush who said this is fuzzy math?


58 posted on 11/26/2024 9:53:36 AM PST by Hattie
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To: governsleastgovernsbest

They wont rise as much as Brandon’s inflation.


59 posted on 11/26/2024 9:53:48 AM PST by Track9
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To: governsleastgovernsbest
I've been listening to Kevin O'Leary....he says China has to be reigned in...And someone else explained how Trump's tariffs in his first administration paid a lot of government bills.

I'll listen to Kevin...it has to be done.

And be aware...Biden kept Trump's taridds.

60 posted on 11/26/2024 9:54:54 AM PST by Sacajaweau
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