“Everything at Walmart is going to double as a result of Trump’s tariffs on China,” declared John Cochrane, an economist at the Hoover Institution at Stanford University. He said much, much more in a snarky, pessimistic “analytical” piece that ran Saturday in The Guardian — which included such snappy soundbites as “Really, like the boy who cried wolf, [Trump] can only do this so many times,” and “These tariffs are an answer in search of a question” — but his line about everything doubling at Walmart jumps at you for one REALLY big reason:
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It’s absolutely, positively, completely, 100% absurd.
There is NO possibility that “everything” at Walmart will double in price next week, next month, next year, or even the year after
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