Most of the swing states are also agriculturally oriented. If they are left holding the bag after the climb down, we will see some changes in the midterm elections.
Trump 2.0 official thread
- Thread starter siegecrossbow
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Nobody's eating tariffs buddy, I mean how did you think Chinese overall export went up 8% in April, and only dropped by 21% to the US in $ value despite much greater than 21% drop in volume if prices didn't go up?. Walmart did try and got summoned to the principals, do yo think anyone else have Walmart's negotiating power?
If a Karen walk into Walmart and demand price cuts do you think anyone will care?
Sellers will only cut prices for you if you have alternative suppliers to go to, something about market competition and price discovery and all that, and you just got a clear demonstration that there are no non-Chinese alternative suppliers. And even if you try to play one Chinese supplier against another, as Walmart tried to do, Chinese government will just step in and shut you down.
Chinese sellers have the entire rest of the world to sell to, while US buyers have 1 month to front load or they go out of business from not having anything to sell. Chinese OEMs can keep unsold products on the shelf and sell it slowly elsewhere overtime, while US buyers can't cryo freeze their employees until they find the non-existent non-Chinese supplier. Chinese sellers gets paid when they ship which happens right away, US buyers don't get the product until after it arrives months later and so have to hedge against a lot more uncertainty.
And then there are those products that US kept buying even with 145% tariffs, what prevents a Chinese seller who, now that they know their customer are willing and able to pay +145%, from marking up their products by that much?
At this point the best America can hope for is trade deficit returning to before Trump.
But also remember the Yuan weakened significantly in April. Helping Chinese manufacturers sustain some export values without having prices.
But yes I agree there are very few buyers with negotiating powers like Walmart.
So do you think Walmart is just accepting a 43% increase in price? Walmart’s core philosophy revolves around squeezing their suppliers.
Before, both China and U.S. were playing hardball. Now that a deal has been reached, you think Chinese gov’t will still summon Walmart?
But yes I agree there are very few buyers with negotiating powers like Walmart.
So do you think Walmart is just accepting a 43% increase in price? Walmart’s core philosophy revolves around squeezing their suppliers.
Before, both China and U.S. were playing hardball. Now that a deal has been reached, you think Chinese gov’t will still summon Walmart?
The only core philosophy Walmart need to worry about is compliance with Beijing, and Beijing already told Walmart all pain goes to Americans.
What are you even babbling on about. Weakened significantly? The Yuan lost ~1% of value for about a week. By the end of April, the Yuan ended at approximately around the same value as it was in April 1. It fell to early January 2025 levels during April and now it is up 1% YTD against the USD. The Yuan has barely moved at all this year.
