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Tariffs could raise prices on clothing, toys, furniture, appliances, footwear, and travel goods, particularly items where China is a major supplier, according to the National Retail Federation, a ...
A Walmart spokesperson told Fortune that any price changes are speculative at this point, but future tariff-induced cost increases would be an additional burden to already price-sensitive shoppers.
Trump made a number of tariff promises on the campaign trail, including a “universal tariff” for all imported goods of 10% to 20% and one of 60% or more for goods specifically from China.
Walmart revenue rose by roughly 5% to $680.47 billion for the year ending January 31, 2025, according to LSEG estimates ahead of the results. Walmart faces some tariff challenges as Wall Street ...
Walmart, the nation's largest retailer, suggested on Tuesday after reporting results that prices could increase if tariffs rise. Walmart, other US companies raise concerns over proposed Trump ...
Walmart CFO John David Rainey told CNBC on November 19 that the company will likely raise prices if Trump's tariff proposals are implemented. "We never want to raise prices," he said. "Our model ...
“A tariff is a tax paid by the U.S. importer, not a foreign country or the exporter,” NRF vice president Jonathan Gold said in a statement published one day prior to the November elections ...
He’s also promised even higher tariffs against China, ranging from 60% to 100%. ... As a result, Walmart’s CFO John David Rainey recently stated that if the tariffs are implemented, Walmart ...