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Trump, Walmart and Tariffs
Walmart just leveled with Americans: China won’t be paying for Trump’s tariffs, in all likelihood you will
Tariffs are going to be inflationary, there’s no disputing that,” Walmart finance chief John David Rainey told Fox News on Thursday. That’s not the message the Trump campaign took to the nation during the 2024 election race,
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.
Milwaukee Journal Sentinel
4d
Walmart among US companies raising concerns over proposed Trump tariffs
Numerous major U.S. corporations addressed tariffs at recent investor events and on conference calls, including some after ...
3d
on MSN
A Big Trump Economic Pick, a Big Walmart Warning
First, President-elect Donald Trump announced he had picked a veteran Wall Street investment banker, Cantor Fitzgerald CEO ...
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