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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, 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 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 ...
After Walmart said last year that GLP-1 agonist usage impacted food sales, CEO Doug McMillon added during Tuesday’s earnings call that high demand for the drugs has created “margin pressure ...
As a result, Walmart’s CFO John David Rainey recently stated that if the tariffs are implemented, Walmart will have to respond. “We never want to raise prices,” he stated. “Our model is ...
But Walmart could have a leg up in a tariff-heavy environment. D.A. Davidson analyst Michael Baker said the retail giant, given its scale, can maintain margins should further tariffs go into effect.
Trump has floated the idea of 60% tariffs on China, the world's largest exporter, and universal tariffs of 10% or more, which he says is necessary to eliminate the U.S. trade deficit.
The vast tariffs President-elect Donald Trump has promised to implement will likely lead to price increases at major American retailers like Walmart and Lowe’s, the companies’ chief financial ...