Original Image Source.

by Brian Shilhavy
Editor, Health Impact News

As I predicted, President Trump attacked Walmart today for telling the truth that they are being forced to raise their prices because of Trump’s tariffs.

Trump continues to LIE to the American people by stating that Walmart does not need to pass on the cost of tariffs to consumers, and that Walmart and China should absorb the cost of the tariffs instead.

As CNBC reported:

“Walmart should STOP trying to blame Tariffs as the reason for raising prices throughout the chain,” Trump wrote on Truth Social.

“Between Walmart and China they should, as is said, “EAT THE TARIFFS,” and not charge valued customers ANYTHING. “I’ll be watching, and so will your customers!!!”

As I have reported many times, China does NOT pay the tariffs. They never have, and never will.

The business importing the products pays ALL of the tariffs which are collected by the U.S. Government at the port of entry in order to clear customs.

China, nor any other country’s products sold in the U.S., pay these tariffs. The U.S. businesses ALWAYS pay them.

And while the China tariff stood at 145% for over a month, NOBODY was importing anything from China, and the effects of that are now being seen at the ports and throughout the U.S. logistics system, as tens of thousands of people are being laid off now.

For those, like Walmart, that are now resuming shipments with the current 30% tariff in place for the next couple of months, they will have no choice but to raise prices to offset at least some of that 30% increase in their prices.

And yet, at least in MAGA land, people continue to believe Trump instead, as some conservatives are now calling for boycotts on Walmart.

In my 25 years of experience as a business owner importing goods into the U.S., I have NEVER seen anything like this, where an American president is demonizing American businesses for his own economic policies, and LYING to do so.

And, at least so far, there is this huge subset of the country who are choosing to believe the lies out of Trump’s mouth, instead of the truth.

They will learn the hard way, soon enough, that rhetoric and lies do not affect the prices of the goods you purchase.

What does matter is called MATH. If a business does not sell their products at a cost that allows them to collect enough revenue to continue ordering more inventory to replace the inventory they are selling, they go out of business.

So the only choice American businesses have with these tariffs, is either raise prices, or go out of business.

Also, please note that for publicly traded companies, they are obligated BY LAW to tell their shareholders the financial status of their companies.

So when the Walmart CEO told shareholders earlier this week that they could not forecast the future earnings the rest of this year due to tariff uncertainties, and that they would soon have to raise some of their prices, he was choosing to OBEY THE LAW rather than try to please the U.S. President to avoid his slanderous remarks against their company.

Here are some other major companies that have also dared to tell the truth about upcoming price increases.

From Yahoo Finance:

In a move that should have surprised nobody, Walmart said on May 15 that the Trump tariffs will force it to raise prices on many items, starting at the end of the month.

Virtually all retailers will follow Walmart’s lead, whether they announce it or not.

Trump falsely claims that foreign countries and businesses bear the cost of his tariffs. Americans will now see for themselves that it’s not true as prices jump for thousands of everyday items.

Walmart CEO Doug McMillon, for instance, said Walmart would have to raise prices on the company’s latest earnings with investors.

Other companies have announced price hikes related to tariffs, including Ford (FORD), Mattel (MAT), Birkenstock (BIRK), and Stanley Black & Decker (SWK).

There will be many more such announcements. (Full article.)

The Trump Family Wants to Replace U.S. Banks with Their Own New Crypto Financial Network

Image source.

Eric Trump (and the entire Trump family) has become a Silicon Valley disciple who now believes traditional banks can be eliminated with cryptocurrency networks, such as the one the Trump family recently started and now is reportedly worth over $2 billion with their stablecoins.

Eric Trump asked this week:

“So why do these banks even need to exist? What is it that JPMorgan Chase does that DeFi and blockchain can’t do better, cheaper, more efficiently, more transparently?”

Well for one thing, banks like JP Morgan Chase have FDIC insured accounts for depositors that cover $250,000, which FinTech with crypto assets do not.

In a recent interview with CNBC Eric Trump said:

“Our banking system favors the ultra-wealthy. And what actually got me into [cryptocurrency] is the fact I realized our banking system was weaponized against the vast majority of people in our country, either the people that don’t have the zeros on their balance sheet, or people who might have worn that red hat that said ‘Make America Great Again.’ And it forced me into the crypto world. And I’m telling you, if the banks don’t watch what’s coming, they’re going to be extinct in 10 years.”

Do people honestly believe that the Trump family is not part of the “ultra-wealthy” class of Americans??

Will the MAGA crowd actually believe this and wholeheartedly accept the attempted transition from traditional banks, which hold assets in U.S. dollars right now, to a crypto financial network instead, where every single thing one does financially is closely monitored and controlled because it is on the blockchain, just as it would be with CBDCs that Trump allegedly opposes?

The only difference between CBDCs and what the Trump family is trying to do, is that CBDCs would be controlled by the Federal Reserve, whereas the World Liberty Financial cryptocurrency network will be controlled by the Trump family and their Silicon Valley Billionaire colleagues running Trump 2.0, all in the name of “liberty” and “true patriots”, of course.

Eric Trump spoke at CoinDesk’s Consensus conference in Toronto on Friday. Some excerpts:

“There’s a famous saying that sometimes the enemy of your enemy is actually your best friend,” Eric Trump told the crowd at Consensus in Toronto, Canada.

“That was the Trumps with the crypto community. And I think the banks made the biggest mistake of their lives.”

The son of U.S. President Donald Trump and co-founder of bitcoin BTC mining company American Bitcoin is also an adviser to World Liberty Financial (WLF), which recently launched a U.S. dollar-backed stablecoin, USD1, that has already reached $2 billion in market capitalization.

Co-founders of WLF joined Trump on stage on Friday as they announced that USD1 was now operable across multiple blockchains through Chainlink’s Cross-Chain Interoperability Protocol (CCIP).

USD1, he said, is a patriotic financial tool for people in unstable or corrupt regimes.

Full article.

And if Trump does not get his way with the U.S. Congress to pass the laws he needs to complete this financial takeover within the U.S., they have a Plan B, which is to develop this cryptocurrency network in El Salvador instead, the same place where they are building prisons to house U.S. Citizens who will be deported there, if Trump gets his way. See:

El Salvador works with Nvidia to develop sovereign AI infrastructure

To learn more about the Trump family plan to create their own Cryptocurrency Financial Network to replace banks, see this article I published at the end of March:

Trump Takes on the Banking Industry by Developing his Own Cryptocurrency Financial Network

Israeli Forces Intensify Their Attacks on Innocent Civilians and Children in Gaza – Dozens Killed Today as Genocide Proceeds.

Trump is presenting himself as a “Man of Peace” acknowledging that the Palestinians are suffering, but has done nothing to stop the mass murders now happening with U.S. – supplied weapons in Gaza.

The whole world is turning a blind eye to the mass murders and genocide Netanyahu is causing in Gaza.

This 12-minute update by Al Jazeera was just published, and gives a good review of what happened today (Saturday) – if you care.

Comment on this article at HealthImpactNews.com.

This article was written by Human Superior Intelligence (HSI)

See Also:

Understand the Times We are Currently Living Through

Where is Your Citizenship Registered?

The Bewitching of America with the Evil Eye and the Mark of the Beast

Jesus Christ’s Opposition to the Jewish State: Lessons for Today

Distinguishing True Prophets from False Prophets in These Evil Modern Times

Who Controls the World? by Dr. A. True Ott

Exposing the Christian Zionism Cult

Insider Exposes Freemasonry as the World’s Oldest Secret Religion and the Luciferian Plans for The New World Order

Identifying the Luciferian Globalists Implementing the New World Order – Who are the “Jews”?

The Brain Myth: Your Intellect and Thoughts Originate in Your Heart, Not Your Brain

Fact Check: “Christianity” and the Christian Religion is NOT Found in the Bible – The Person Jesus Christ Is