Trump doesn’t understand business — his tariff tantrums make that clear
We’ve already established that President Trump is a lousy negotiator. But now, out of his own thumbs, we’ve got the proof that he’s got no business chops, either.
After Walmart announced that it would soon be raising retail prices because of Trump’s tariffs, Trump posted this on Truth Social. “Walmart should STOP trying to blame Tariffs as the reason for raising prices throughout the chain. Walmart made BILLIONS OF DOLLARS last year, far more than expected. Between Walmart and China they should, as is said, ‘EAT THE TARIFFS,’ and not charge valued customers ANYTHING. I’ll be watching, and so will your customers!!!”
It’s rare, even with Trump, to find so much nonsense packed into a single paragraph. But somehow he’s managed it.
For one thing, serious business people don’t whine. They make the best decision they can and then either live with the consequences or change their approach. What they don’t do is throw a tantrum because their customers and competitors are not cooperating with their plans.
Second, Walmart has a duty to its shareholders, not to Trump’s ego or his political fortunes. Walmart should not be “eating tariffs” to make the........
© The Hill
