Retailers caught red-handed using Trump's tariffs as cover for price gouging
Fox News
Major retailers like Walmart use Trump's tariffs as a scapegoat to raise prices and boost profit margins while claiming they must pass costs to American consumers
Yet, many corporations are using tariffs as a convenient scapegoat to raise prices across the board, even on products not impacted by new trade policies. Chad Wolf is the former acting secretary of the Department of Homeland Security and founder and CEO of Wolf Global Advisors.
Tariffs are a strategic tool. The Trump administration has always been clear about that. Tariffs are designed to level the playing field, incentivize domestic production, counter predatory trade practices – especially from the Chinese Communist Party – and put America First. Tariffs protect long-term American interests, especially in vital industries like technology and manufacturing.
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