China is turning up pressure on Walmart. That could mean higher prices for US customers

[Ol Janx Spirit]

4. Not exactly. The Chinese companies don't raise their prices; the tariff that Walmart has to pay to the US government

makes those goods more expensive for Walmart to import. So Walmart is asking them to take a cut in their pay to make up for it. And you can bet that they will make some concessions to keep their factories cranking out the cheap goods America wants--which will be in part a win for the Felon-47 Administration. Walmart will absolutely be playing both sides in this game and ask the Administration for carveouts and other special treatment and likely get them given their deep donor pockets. In addition, the last time tRump was in office they used taxpayer dollars to bail out farmers impacted by tariffs and the inevitable reciprocal tariffs and may very well do that again to keep domestic prices low while squeezing Chinese manufacturers. To further complicate things, China isn't the only place you can find a factory to produce any given cheap object or piece of clothing--so even more incentive for the Chinese companies to lower their prices. Keep in mind: this always comes at the expense of workers and not management or profits, so the immoral offshoot of all of this is to make millions of people's lives even less safe and much harder. Some companies will look at building factories in America to avoid the tariffs, but they will likely realize that the American worker isn't going to work for pennies-a-month and that the American public isn't going to tolerate the local environmental damage required to keep prices low enough and will just look elsewhere in the world to produce these goods. Maybe Russian or El Salvadorian prison labor--some of it suppled by the US immigration crackdown--will be a viable option. When an immoral person does anything you can bet that it will be in the least moral way possible and lead to bad things happening to people. We don't know what will exactly happen in this "trade war," but we can be assured that there will be a lot of casualties. Oh, and look for the immoral people to funnel any of the collected tariff money to themselves and their companies--not to the American citizens; that's a given....