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Walmart, Trump
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 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.
Walmart Might Raise Prices in Response to Trump Tariffs
According to Walmart CFO John David Rainey, President-elect Donald Trump's proposed tariffs could potentially lead to higher prices for consumers.
Walmart warns of higher prices if Trump implements proposed tariffs
Potential tariffs could cost American consumers between $46B and $78B in annual spending power, the National Retail Federation says.
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 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.
‘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 prices. His video came after the CFO of Walmart and CEO of Lowe’s expressed concern that President-elect Donald Trump’s proposed tariffs could make products more expensive.
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.
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.
Yahoo
6d
Walmart warns it will have to raise prices if Trump’s tariffs are enacted
There’s a high chance that low-cost retailers such as
Walmart
will have to raise their prices if President-elect Donald ...
6d
on MSN
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.” ...
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