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Trump, Walmart and tariffs
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 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 warns of higher prices if Trump implements proposed tariffs
The National Retail Federation projected that potential tariffs could cost American consumers between $46 billion and $78 billion in annual spending power.
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 ...
13h
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 ...
6h
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.
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