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.
Numerous major U.S. corporations addressed tariffs at recent investor events and on conference calls, including some after ...
First, President-elect Donald Trump announced he had picked a veteran Wall Street investment banker, Cantor Fitzgerald CEO ...
The Independent on MSN4d
Walmart warns it will have to raise prices if Trump’s tariffs are enactedThere’s a high chance that low-cost retailers such as Walmart will have to raise their prices if President-elect Donald Trump’s tariff proposal takes place, the company’s CFO said on Tuesday. “We ...
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