Walmart CFO Says They Don't Want To Raise Prices, But 'Prices Will Go Up For Consumers' Due To Upcoming Tariffs
Walmart’s CFO, John David Rainey, recently said that if President-elect Donald Trump's proposed tariffs take effect, Walmart (NYSE:WMT) will need to raise prices on certain items. Speaking with CNBC,
Walmart CFO warns tariffs could lead to higher prices
On FOX business last week, the chief financial officer for Walmart warned proposed tariffs could lead to higher prices on certain goods in the new year.
Walmart CFO keeps eye on prices, tariffs
Walmart is looking to continue to attract high-income consumers with the right price mix, even as CFO John Rainey anticipates price hikes in the face of potential tariffs.
Walmart may have to raise some prices if Trump tariffs take effect, CFO says
The discounter's comments are the latest warning from retail leaders about the potential impact of the tariffs.
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.
How Trump’s proposed tariffs could dramatically raise prices on consumer goods
President-elect Donald Trump announced Nov. 25 he would impose sweeping new tariffs on countries he says have allowed illegal immigrants and drugs to enter the United States. If the import tax were implemented,
Trump's proposed tariffs could drive up food prices, experts say
Concerns are rising that the sweeping tariffs on all foreign imports that President-elect Donald Trump has vowed to impose could cause the prices of groceries to rise.
Walmart executive says some prices might rise if Trump’s tariffs take effect
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.
Will Trump’s Tariffs Raise Prices? What To Know As He Announces Day One Plan
President-elect Donald Trump announced Monday he’ll levy tariffs on imports from China, Mexico and Canada after he takes office—going against the views of many economists who believe Trump’s plan would burden everyday consumers,
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Walmart Says Prices Will Likely Increase — Here’s Why
Walmart‘s CFO, David Rainey, was recently on The Claman Countdown, where he delivered a devastating blow to Americans that ...
‘Walmart is preparing to roll over its customers’: Customer issues warning about Lowes, Walmart prices
A content creator is going viral on TikTok after spreading the news that Walmart and Lowe’s are in danger of raising their ...
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Walmart will likely raise some prices if Trump tariffs take effect, CFO says
Walmart’s CFO John David Rainey said the retailer would likely have to raise prices on some items if President-elect Donald Trump’s proposed tariffs take effect. “We never want to raise ...