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 nations 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/

CrispyQ
(39,504 posts)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
(52 posts)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
(24,890 posts)Oh well I wont be shredding any tears for them. They FAFO when they supported that POS!
wolfie001
(4,675 posts)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
(1,242 posts)On 'Target'
"Sickening display of cowardice.
It'd be like shopping at a 'Proud Boys' outlet."
wolfie001
(4,675 posts)
wolfie001
(4,675 posts)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
(6,255 posts)Walmart is one of the main reasons we don't manufacture in America anymore.
paleotn
(20,274 posts)Not as much as decades ago, granted, but thats due to cost. Particularly for labor intensive items. Add Donnys 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 cant have both. And dont blame it all on greedy corporations. The US consumer bears much of the blame.
mdbl
(6,255 posts)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.
Response to mdbl (Reply #8)
mdbl This message was self-deleted by its author.
Deminpenn
(16,744 posts)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.
reACTIONary
(6,387 posts)Mr.Bee
(626 posts)
Justice matters.
(8,297 posts)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?
Linda ladeewolf
(839 posts)hlthe2b
(109,233 posts)(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.