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Is ‘Eating the Tariffs’ Good for Business?
After observing Trump’s hostility to Walmart and Amazon, Home Depot took a different approach.
When President Trump told Walmart to “EAT THE TARIFFS,” he implied that to not do so was a profit-mongering conspiracy against the American people. He noted Walmart’s extensive trade relationships with China and its large profit margin. But Walmart maintained that tariffs made price rises unavoidable.
And when Amazon flirted with noting on some of its products the precise amount of cost increases attributable to tariffs, Trump called Jeff Bezos to complain and Amazon backed away from its plan.
After observing Trump’s hostility to Walmart and Amazon, Home Depot took a different approach and asked: what trade war? Unlike numerous major American corporations, Home Depot has not rescinded its 2025 guidance for investors because of the uncertainty from tariffs. In fact, it recently reported increased revenue that beat expectations.
Politics
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Liberal Democracy Reexamined: Leo Strauss on Alexis de Tocqueville
This article explores Leo Strauss’s thoughts on Alexis de Tocqueville in his 1954 “Natural Right” course transcript.
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Long Distance Migration as a Two-Step Sorting Process: The Resettlement of Californians in Texas
Here we press the question of whether the well-documented stream of migrants relocating from California to Texas has been sufficient to alter the political complexion of the destination state.
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Who's That Knocking? A Study of the Strategic Choices Facing Large-Scale Grassroots Canvassing Efforts
Although there is a consensus that personalized forms of campaign outreach are more likely to be effective at either mobilizing or even persuading voters, there remains uncertainty about how campaigns should implement get-out-the-vote (GOTV) programs, especially at a truly expansive scale.
Trump and Wiles Are like a New Madden and Summerall
Susie Wiles seems to have taken a page from her father, Pat Summerall, in approaching her role.
Under Zohran Mamdani, the Jewish Exodus from New York Is Likely to Accelerate
The city is already undergoing a demographic sea-change. The Democrat’s hipster socialism is a rejection of everything that made it great
The Perils and Promise of Negotiation in International Relationships
It is a moral certainty that the options for lasting peace are far better today because sham negotiations were set aside in favor of resolute and decisive military action.
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Civitas Conversations: Michael Toth on Zohran Mamdani and the Future of Progressivism
Episode 1 of Civitas Conversations with Richard M. Reinsch II
