HOW THE TARIFFS WILL HIT US ALL: WALMART MAKES A LIST

In a letter to President Trump and US Trade Representative Robert Lighthizer sent about two weeks ago, Walmart warned that the latest tariffs on $200 billion worth of Chinese goods could cause major disruptions to its supply chain and price increases for its shoppers. They even made a convenient list. Here are the items Walmart identified as will be the most impacted by trade tariffs with China:
– Mandarin oranges in cans
– Rawhide for pets
– Hair care
– Other bath prep
– Dog leashes, dog collars
– Cat leashes, pet costumes
– Hard luggage
– Luggage, tote bags, duffle bags, handbags
– Travel bags, handbags
– Handbags
– Backpacks
– Rolled wrapping paper
– Gas grills
– Makeup mirrors
– Vacuum cleaners
– Toothbrush replacement heads
– Electric razors
– Air conditioners
– HDMI cables, video cables, extension cords, auxiliary cords
– Oil-less fryers and toaster ovens
– Bicycles
– Futons
– Wooden furniture
– Miscellaneous furniture, like infant pack-and-plays or patio furniture
– Mattresses
– Christmas lights
* Patio furniture? THIS HAS GONE TOO FAR!!!
* So what are they saying – a $9.86 LED Lighted Makeup Mirror could skyrocket in price to, say, $10.20?
* This list is pretty short considering EVERYTHING at Walmart comes from China.
* Dog leashes, pet collars… this is really going to hit the S&M industry.