Trump’s Trade War Threatens Walmart’s Low Prices

“The Federal Reserve may have depreciated the value of the greenback, but $100 at Walmart can get you quite far. With a single Benjamin, you can purchase a tea kettle, bed sheets, the latest bestselling novel, five pairs of underwear, and dinner for tonight. And, noticing an array of opportunities in the marketplace, Walmart is expanding its arsenal, specializing in walk-in care, ecommerce, and banking..

But those lowest prices guaranteed may come under threat. As the US government embarks upon a bitter trade dispute with China, Walmart is warning that it may be forced to raise prices due to tariffs.

If Sam Walton were around today, he’d be apoplectic, staging a sit-in on Capitol Hill — or, perhaps sending his team of lobbyists to do it for him.”

https://mises.org/wire/trumps-trade-war-threatens-walmarts-low-prices