China is turning up pressure on Walmart. That could mean higher prices for US customers

[dutch777]

2. China has the advantage....even with a 20% add, its goods are still cheaper. We can't turn on new...

...manufacturing that fast or readily increase scale of production we do have and even if we do, price competition/lower overhead favors oversea competitors. Standing up a new manufacturing facility takes years. And whether new or just scaled up existing manufacturing, workers are still in short supply. I really think some of the non-sense Musk is pushing and the notions that get floated about cutting back on Social Security and Medicare is about maximizing number of people in the work force. From a business perspective the more workers looking for work means you can pay each one less, simple supply and demand. Of course Musk aside, AI may push enough folks out of old rote jobs to make this wish come true but by other means.