If you don’t understand all this Trump trade war stuff in the media?
You’ll figure it out now….
Your big name dollar store’s , and probably the little one ‘s alsoget most of their stuff from China…
It’s the reason the stuff is sold for a dollar…
But?
In order to deal with the tariffs, which are really just import taxes…..
YOU will have to pay for the Trump actions….
In reality?
Donald Trump is levying a import tax on the American consumer….
Two of the largest U.S. dollar store chains warned that shoppers might face rising prices as a result of the ongoing trade war between the U.S. and China, Reuters reported Thursday.
Executives from both Dollar Tree and Dollar General told analysts on their post-earning calls that tension with Beijing will likely hit their businesses. The warning comes after President Trump announced an increase in tariffs on $200 billion of Chinese goods earlier this month.
Dollar General executives said the retailer was working with vendors to “mitigate the impact.”
“Even with these efforts, we believe our shoppers will be facing higher prices as 2019 progresses,” Dollar General Chief Financial Officer John Garratt said on the call.
Dollar Tree president and CEO Gary Philbin said in a statement that new tariffs Trump has levied against China will be “impactful” to their business and consumers in general.
Dollar Tree is the only major chain that has so far stayed true to the promise that everything in the store is $1.
The retailer, however, has been testing a new Dollar Tree Plus! Collection with a selection of more expensive products at certain locations, according to Business Insider.…
Note….
Other large retailer are warning their prices will rise with Trump’s import tax moves….
image…thecrazycouponlady.com
The Cult doesn’t care.
Hey they got a tax cut so they can pay more to the Dollar Stores!
And they’re showing them damn “libruls,”
The Cult Leader giveth and taketh Away!
Trump’s trade policy is a disaster. With his instability and frequent threats, he has unintentionally encouraged other countries to seek markets in other countries instead of the US for their goods.
But with regard to China, I don’t mind a hard line – although I would prefer someone in leadership that is more competent. China has to pay a price for the stealing of trade secrets. They have to pay a price when Their manufacturers fraudulently sell their cheaply-made products under an American label. Trump is wrong on most things, but I agree that past presidents have been too tolerant of China.
I agree that China HAS been working underhandedly to co-op America…
America is gonna suffer along with China with Trump’s trade war….
You DO understand that Trump IS raising taxes again?
Republicans don’t look at it that way.
Higher prices have never bothered them .Its all about actual tax rates.
Of course, wealthy people, who have benefited the most from their tax cuts,don’t give a damn about prices at the local Dollar store
It’s the word “taxes” that drives them to distraction.
One WOULD hope that the average voter around the country and even in Red States WOULD notice the increases…
Again?
The media says the economy is Trump’s lifeline…
The guy IS working hard to discard it…
That’s normal for him…
I agree with Jack. Republicans simply don’t care because their leaders won’t tell them to care. Noe if the wealthy pay slightly hired taxes or minimum wage goes up a buck FOX News, Trump, Limbaugh etc will all scream that dolpar store prices will go up. But for Trump”s tariffs? Nope, Republicalns will gladly 0ay more for basic items because their fat hero is sticking it to the brown people– at least in their minds.
A sad and pathetic party that needs to be defeated at every level.
Then we just about ALL agree…
Tax hikes don’t mean anything to the rich GOPer’s….
No we don’t agree.
Tax hikes mean Everything to rich GOPers.Price hiked due to Trumps tariffs?No they couldn’t care less.
Reuters: “The United States began collecting higher, 25% tariffs on many Chinese goods arriving in U.S. seaports on Saturday morning in an intensification of the trade war between the world’s two largest economies and drawing retaliation from Beijing.”…
Politicalwire…