THE DAILY BLAST with Greg Sargent Trump’s Angry Walmart Tirade Backfires, Wrecking His Own Tariff Scam
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May 20, 2025 
Lindsay Owens, an economist and executive director of the Groundwork Collaborative, dives into Trump's escalating feud with Walmart. She reveals how Trump's tariffs are backfiring, particularly as Walmart warns of rising prices that consumers will bear. The discussion highlights Trump's political vulnerability as he tries to shift blame amidst a growing awareness of his economic policies' real costs. Owens also critiques the wielding of state power against corporations, illustrating the disconnect between rhetoric and economic reality faced by everyday Americans.
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Tariffs Burden US Consumers
- Trump's request for Walmart to 'eat the tariffs' reveals consumers actually bear tariff costs.
- This admission contradicts his claim that foreign countries pay tariffs, exposing the impact on American shoppers.
Tariff Cost Concealment Fails
- Trump's administration falsely claims foreign countries absorb tariffs, but Walmart's price rise disproves this.
- Threats to Walmart show the administration's attempt to hide the true tariff burden from Americans.
Walmart's Price Signal
- Walmart's announcement to raise prices signals similar hikes nationwide due to its retail dominance.
- Smaller retailers will struggle more to absorb costs, worsening the inflation impact across the economy.