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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, 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 ...
Oxford Economics estimated a 60% China tariff could boost U.S. inflation by 0.7 percentage points, and across-the-board tariffs would boost inflation by 0.3 points.
“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 ...
Many everyday essentials are set to get pricier in the near future as a result of President Trump's proposed tariffs. While the 10% rate on China already went into effect, the 25% wholesale ...
Walmart says it will remain committed to low prices. For premium support please call: 800-290-4726 more ways to reach us
A Walmart executive warned that President-elect Trump’s plans to raise tariffs on imports could drive the retail giant to increase the price of store items. “We never want to raise prices ...