On Monday’s broadcast of Newsmax TV’s “The Record,” White House Council of Economic Advisers Chair Stephen Miran stated that “over time, Walmart will be able to get its Chinese suppliers and other suppliers to eat the tariffs” and “that’ll happen over time. In the short run, can there be some volatility in prices the way there was volatility in financial markets? Yeah. But, over time, we have all the leverage. We have all the cards. And that means, just like last time, China will eat the tariffs.”
Host Greta Van Susteren asked, “How do we reconcile the fact that, while getting manufacturing up, you’ve got like the CEO from Walmart saying that Walmart can’t keep up with the increased costs, which, of course, means the
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