Walmart CFO Signals Price Hikes Are On The Horizon Because Of Trump's Tariffs
This morning, Walmart's Chief Financial Officer announced that Walmart will likely have to increase prices for consumers if Donald Trump's proposed economic plan takes affect. Specifically, the CFO notes that while “[w]e never want to raise prices,
Walmart will likely raise some prices if Trump tariffs take effect, CFO says
National Retail Federation CEO Matthew Shay described across-the-board tariffs as “a tax on American families.”
Trump's proposed tariffs would raise prices for these products, experts say
Trump has proposed tariffs of between 60% and 100% on Chinese goods, and a tax of between 10% and 20% on every product imported from all U.S. trading partners.
Walmart, Other US Companies Raise Concerns Over Proposed Trump Tariffs
Numerous major U.S. corporations addressed tariffs at recent investor events and on conference calls, including some after the Nov. 5 election, when Trump edged out sitting Vice President Kamala Harris.
Walmart says prices will 'probably' go up if Trump tariffs take effect
Walmart is the latest company to signal price hikes may be on the way if Donald Trump makes good on his tariffs promise.
Walmart official warns of higher prices under Trump tariffs
Shoppers could be paying more at the register if some of the tariffs President-elect Donald Trump campaigned on go into effect, a senior official at Walmart said Tuesday. “We never want to raise prices,
Trump’s Tariffs Will ‘Probably’ Cause Walmart Price Hikes, CFO Says
The Walmart executive’s comments hint at the trickle-down impact of tariffs, as companies pay the import tax upfront and often pass on the higher input costs associated with these fees to consumers.
Walmart warns customers it could hike prices under Trump's tariff plan
Big-box retailer Walmart has issued a warning to customers ahead of Donald Trump retaking the White House.
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