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Trump, Walmart and Tariffs
Walmart And Lowe's Warn That Trump's Tariffs May Cause Price Hikes
Trump repeatedly pledged on the campaign trail that he would lower runaway costs for American households by implementing tariffs, even though they typically make goods more expensive. He has proposed a tariff of up to 20% on all goods made in other countries and a special tariff of 60% for goods made in China.
Walmart reveals impact of Trump’s tariff plan, and social media is not happy
Walmart isn’t the only store to suggest that prices could rise. Per CNBC, Lowe’s CFO Brandon Sink said that “about 40% of the company’s cost of goods sold comes from outside the U.S., including direct imports and merchandise from national brands.
Walmart warns of higher prices if Trump implements proposed tariffs
Walmart CFO John David Rainey told FOX Business that the company won't be immune if President-elect Trump pursues a tariff on imports from all foreign countries.
Game Rant
18h
Walmart Might Raise Prices in Response to Trump Tariffs
Walmart
’s CFO, John David Rainey, stated that the company might need to raise prices on certain items if President-elect ...
1d
on MSN
Walmart just leveled with Americans: China won’t be paying for Trump’s tariffs, in all likelihood you will
Voters who returned Donald
Trump
to the Oval Office in hopes that living costs would return to the halcyon days before the ...
10h
Walmart Says It Will ‘Probably’ Raise Prices, and the Controversial Reason Is Eye-Opening
The question now is how business leaders should react and prepare -- especially in the context of other early warning signs.
Niagara Gazette
1d
Walmart could raise prices when Trump takes office
Donald Trump’s second term as president could spell higher costs for Walmart shoppers. The retail giant’s CFO told CNBC that ...
Truthout
3d
Walmart and Other Companies Say Trump’s Tariffs Will “Obviously” Raise Prices
Economic experts are warning that if president-elect Donald Trump follows through on his plan to impose massive tariffs on ...
17h
on MSN
Stocks jump, DOGE gets to work and Walmart talks tariffs
President-elect Trump is keeping the pedal to medal assembling his team as the stock market, bitcoin and gold keep grinding ...
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