981 Archivesripple effects of President Donald Trump’s sweeping tariffs are starting to appear on the shelves of big box stores like Target and Walmart.
On Reddit's r/Walmart subreddit, posters who say they're employees of Walmart have begun reporting significant price hikes.
In fact, the subreddit has become a running thread of examples, from grocery staples to toys and outdoor gear. One post points to an 8-ounce jar of cocoa powder, which spiked from $3.44 to $6.18, a nearly 80 percent increase. As spotted by Business Insider, a Jurassic World T-Rex toy recently jumped from $39.95 to $55 — a 38 percent hike — while a fishing reel that once sold for $57.37 is now listed at $83.26. The same products have seen similar price increases at Target as well, also according to Business Insider.
While anecdotal, these Reddit posts suggest that the tariff price hikes Walmart warned about may have arrived.
At an earnings call in May, Walmart CEO Doug McMillon warned customers that the company might not be able to avoid price hikes much longer. As The Street reported, McMillon acknowledged that the company couldn't "absorb all the pressure given the reality of narrow retail margins." Also in May, Walmart CFO John David Rainey warned consumers that Trump’s tariff policy could impact prices "within the coming weeks," which means these increases are right on time.
"We’re wired for everyday low prices, but the magnitude of these increases is more than any retailer can absorb," Rainey told CNBC. "It’s more than any supplier can absorb."
Trump didn’t take kindly to these statements. On Truth Social, he fired back, saying Walmart should simply "eat the tariffs."
It's still unclear how long the Trump administration's new tariffs will last. A federal trade court ruled last Thursday that Trump lacked the constitutional authority to implement his expansive tariff regime. That decision is currently on hold pending appeal, meaning the tariffs remain in place for now.
According to a 2023 Reuters report, 60 percent of Walmart’s goods were sourced from China between Jan. and April of that year. Since then, the company has begun shifting parts of its supply chain to India in an effort to diversify.
Topics Politics Tariffs
Previous：Over Our Heads
Next：Nanny State of Mind
No Left Turns
The moon: Fascinating facts you didn't know
Why your favourite wellness influencer might be pivoting to climate denialism
NASA will land daring spacecraft on a world 800 million miles away
Media for the Apocalypse
WeChat tests gift giving feature for online stores · TechNode
NASA beamed a cat video back to Earth from deep space
Astonishing deep sea giant just filmed by scientists
No Re-Turning Point, U.S.A.
Why your favourite wellness influencer might be pivoting to climate denialism
Whale Vomit Episode 7: Hope in the Time of Cholera
Tour de France 2024 livestream: How to watch Tour de France for free
Black Myth: Wukong nominated for Game of the Year at 2024 Steam Awards · TechNode
BYD announces recruitment for humanoid robot research team · TechNode
Weekly Bafflements
'House of the Dragon' Season 2, episode 3: Daemon's Harrenhal vision, explained
France vs. Belgium 2024 livestream: Watch Euro 2024 for free
Trip.com announces plans to explore four
Begone, President
NASA will land daring spacecraft on a world 800 million miles away
Someone built a 60'CounterFacebook users mark themselves safe at Kellyanne Conway's fake Bowling Green MassacreThe ultimate app guide to Super Bowl SundayAmazon Prime Air drone makes an appearance during the Super Bowl500 people squeezed into the world's most epic family photoThe White House just brutally burned Australia's Prime MinisterTom Brady became a sad meme after his Super Bowl pickNo, U.S. climate scientists didn't trick the world into adopting the Paris dealFacebook users mark themselves safe at Kellyanne Conway's fake Bowling Green MassacreA group of New Yorkers came together to remove swastikas from a subway carFacebook will capitalize on your broken heartThe Queen just made history with this milestoneThe Enemy Is a Bowl of Soup: On Quino’s Mafalda by Julia KornbergSomeone built a 60Lady Gaga just slayed the Super BowlLady Gaga just slayed the Super BowlFight over boxing livestream highlights Facebook's piracy problemTeen creates Facebook page to spotlight immigrants' weekly achievementsWorld's most excited tiny surfer is freakin' stoked to be back on 'Ellen' Best Black Friday streaming deal 2024: Get a Hulu and Disney+ bundle plan for only $2.99 per month Espresso machine early Black Friday deals: Get up to 53% off Black Friday Bird Buddy deal: Score the smart bird feeder for $80 off Game Pass Black Friday Deal: Save over $50 at Amazon Best early Black Friday deals: Save up to $1,900 at Samsung Target Black Friday Buy Two, Get One deal: Save on books, movies, and music Early Black Friday Chromebook deals: Save on Asus, Lenovo, and more 25+ best Black Friday beauty tech deals: Dyson, T3, Solawave NASA's testing a futuristic plane. You might fly on it. Best Black Friday MacBook Air 15 deal: 2024 M3 model is $1,044 Best Black Friday deals that make great stocking stuffers NYT Connections Sports Edition hints and answers for November 28: Tips to solve Connections #66 Best Black Friday Kindle Scribe deal: Save $70 at Amazon Shop the best early Black Friday deals on Kindles this Thanksgiving Shop early Black Friday deals on Amazon Fire tablets Shop early Black Friday deals on Kindle books Black Friday Discovery+ deal: Prime members pay $2.50 Best Black Friday Meta Quest 3S deal: $75 in free credit Black Friday Sonos deals: Era 300, Ace, Beam at record lows OpenAI Sora leak: What it was and what it wasn’t.
2.5924s , 8197.40625 kb
Copyright © 2025 Powered by 【1981 Archives】,Prosperous Times Information Network