Saturday, May 11, 2019

New tariffs on Chinese goods will make life interesting for WalMart.

Nearly all the goods on Walmart's shelves are made in China.  The 25% tariff going into effect is going to put a squeeze on Walmart.  Unless there is more juice in the business (like 25% juice, which is unlikely) which I doubt, something has got to give.  Most likely Walmart will have to raise their prices. 
   As for me, I don't shop Walmarts all that much.  At my stage of life I am pretty well fixed for housewares and clothing and appliances.  I do buy my prescriptions there, but I think those are all made in USA. 

May you live in interesting times.

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