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BumRushDaShow

(151,209 posts)
Wed Apr 23, 2025, 11:03 AM Wednesday

Trump Warned by Walmart, Target, and Home Depot CEOs That Disastrous Tariff Policy Will Lead to 'Empty Shelves'

Source: MEDIAite

Apr 23rd, 2025, 9:13 am


President Donald Trump “got a scare” from CEOs of the nation’s largest big box retailers that their shelves could soon be empty as a result of his draconian tariff policy announced on April 2, according to a report from Axios. As a result, the White House appears to be pivoting to a much softer position on trade.

Markets rallied on Tuesday as investors learned that the Trump administration was pivoting to a softer position on the controversial tariff policy, which cratered 401ks and led to talk of an inevitable recession. At the root of this news were comments made by Treasury Secretary Scott Bessent in a private speech to JP Morgan, during which he admitted an ongoing trade war with China was not sustainable.

“I do say China is going to be a slog in terms of the negotiations,” Bessent said, according to a transcript obtained by The Associated Press. “Neither side thinks the status quo is sustainable.”

But CEOs of Walmart, Target, and Home Depot privately warned Trump in an Oval Office meeting that supply changes will be disrupted, prices will increase, and shelves of their stores will be empty, according to sources reported by Axios.

Read more: https://www.mediaite.com/news/trump-warned-by-walmart-target-and-home-depot-ceos-that-disastrous-tariff-policy-will-lead-to-empty-shelves/

17 replies = new reply since forum marked as read
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Trump Warned by Walmart, Target, and Home Depot CEOs That Disastrous Tariff Policy Will Lead to 'Empty Shelves' (Original Post) BumRushDaShow Wednesday OP
Christmas in April shopping? CrispyQ Wednesday #1
He's a Moron Coolgoober Wednesday #2
All three stores I never shop at because they support him and the repukes kimbutgar Wednesday #3
I couldn't delete my Target account fast enough wolfie001 Wednesday #5
Most Worthy of Repetition wyn borkins Wednesday #6
Here here! wolfie001 Wednesday #7
Funny. I don't recall these obsequious, spineless bootlickers ever drafting a letter like that to Real President Joe wolfie001 Wednesday #4
Walmart should know more than any other retailer mdbl Wednesday #8
We do manufacture a wide range of things in the US. paleotn Wednesday #13
Small kitchen appliances, kitchen utensils, toys, electronics, textiles.. mdbl Wednesday #17
This message was self-deleted by its author mdbl Wednesday #16
Went to the local mall a couple Deminpenn Wednesday #9
Here is the original reporting from Axios.... reACTIONary Wednesday #10
Any Doubt As To Who's Really Running The Country?? Mr.Bee Wednesday #11
Well, DUH... Justice matters. Wednesday #12
Hungry people get angry. Linda ladeewolf Wednesday #14
There are already spotty empty shelves in some Walmarts where I go for Earth Balance spread hlthe2b Wednesday #15

CrispyQ

(39,512 posts)
1. Christmas in April shopping?
Wed Apr 23, 2025, 11:19 AM
Wednesday

I know a couple of very silent Trump supporters (they like to call themselves old time conservatives ), who dissed my support for Biden & then Harris, amazingly over the economy, claiming it was weak & Trump would make it better.

Coolgoober

(55 posts)
2. He's a Moron
Wed Apr 23, 2025, 11:22 AM
Wednesday

He doesn't have a thought of his own. (Well, except when he's at a rally. Boat, Shark, They're eating the pets, bla, bla bla. ) and even those aren't his. Anyway, the point I wanted to make is how long will this new (new to him) last. He is definitely a moron, but his pea brain just doesn't stop.

kimbutgar

(24,904 posts)
3. All three stores I never shop at because they support him and the repukes
Wed Apr 23, 2025, 11:42 AM
Wednesday

Oh well I won’t be shredding any tears for them. They FAFO when they supported that POS!

wolfie001

(4,699 posts)
5. I couldn't delete my Target account fast enough
Wed Apr 23, 2025, 11:48 AM
Wednesday

Sickening display of cowardice. It'd be like shopping at a 'Proud Boys' outlet now. No thanks. And WakMart has always treated their hard-working employees like shit. It just saves them tons of money because they don't GAF.

wyn borkins

(1,249 posts)
6. Most Worthy of Repetition
Wed Apr 23, 2025, 12:01 PM
Wednesday

On 'Target'

"Sickening display of cowardice.

It'd be like shopping at a 'Proud Boys' outlet."

wolfie001

(4,699 posts)
4. Funny. I don't recall these obsequious, spineless bootlickers ever drafting a letter like that to Real President Joe
Wed Apr 23, 2025, 11:46 AM
Wednesday

Cowards in the face of christo-fascism. Remember, Kohls and Costco haven't taken the knee for that bloated, fraud turd. It's gonna be a long haul. Fight! Fight! Fight!

mdbl

(6,279 posts)
8. Walmart should know more than any other retailer
Wed Apr 23, 2025, 12:47 PM
Wednesday

Walmart is one of the main reasons we don't manufacture in America anymore.

paleotn

(20,276 posts)
13. We do manufacture a wide range of things in the US.
Wed Apr 23, 2025, 02:01 PM
Wednesday

Not as much as decades ago, granted, but that’s due to cost. Particularly for labor intensive items. Add Donny’s tariffs and you begin to get a feel for prices IF all that was produced here. Americans flip the fuck out if the price of eggs goes up a buck. Yet want all that production reshorrd at livable wages. Sorry. You can’t have both. And don’t blame it all on greedy corporations. The US consumer bears much of the blame.

mdbl

(6,279 posts)
17. Small kitchen appliances, kitchen utensils, toys, electronics, textiles..
Wed Apr 23, 2025, 08:18 PM
Wednesday

Last edited Thu Apr 24, 2025, 08:31 AM - Edit history (1)

are just some of what walmart forced overseas. Once their stores saturated most markets they began to call the shots to these companies forcing them into a price point that made using decently paid labor unacceptable and getting them to move their manufacturing to China. It used to be manufacturers would market themselves to retailers. Walmart reversed that and began dictating to them. And don't say they didn't have to listen to walmart when walmart had 80-100% of the retail space in many areas. Just blaming the consumer is misplaced. Unbridled capitalism will do anything to increase the profits for a few at the expense of everyone else. It has no regard for the very society that fed it's profits to the point that it will destroy it at the same time.

Response to mdbl (Reply #8)

Deminpenn

(16,745 posts)
9. Went to the local mall a couple
Wed Apr 23, 2025, 01:24 PM
Wednesday

weeks ago. Driving past the Target located there, I noticed at least half their expensive parking lot full of the 53' shipping containers. I figured they were full of inventory to beat the tariffs.

Justice matters.

(8,303 posts)
12. Well, DUH...
Wed Apr 23, 2025, 01:44 PM
Wednesday

I predicted "empty shelves" as soon as stupid tariffs were imposed "on foreign countries" (stupid monornic idiots in the WH)...

Empty shelves Failing USSR style, I said, but none of these morons could figure that one out?

hlthe2b

(109,266 posts)
15. There are already spotty empty shelves in some Walmarts where I go for Earth Balance spread
Wed Apr 23, 2025, 02:26 PM
Wednesday

(grocery stores mark it up so much that it has me going to Walmart for some relief) but guess what? The entire section of the refrigerated case where butter/margarine resides was at least 70% empty. I asked the woman stocking other aisles what had happened and she said a lot of venders were having "issues."

So, take that for what you will, but I have a hunch that similar to the impacts of COVID on supply chains, tariffs are going to do as much harm or worse.

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