Walmart CFO says some prices might rise if Trump’s tariffs take effect
“We never want to raise prices,” John David Rainey, the company’s CFO said in an interview with CNBC on Tuesday. “Our model is everyday low prices. But there probably will be cases where prices will go up for consumers.” Trump has proposed a 10 ...
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 likely to raise prices if Trump enforces tariffs, CFO says
Walmart has signaled price hikes should be expected if President-elect Donald Trump makes good on his plan to implement a broad tariff regime. The retailer's CFO John David Rainey said the company would likely have to raise its prices,
Walmart says prices will 'probably' go up if Trump tariffs take effect
Walmart's CFO said that Trump's proposed tariffs could lead the retailer to raise prices.About one-third of the retailer's products are imported, mostly in non-grocery items.During Trump's previous term,
Walmart warns it will have to raise prices if Trump’s tariffs are enacted
Walmart warns it will have to raise prices if Trump’s tariffs are enacted - Trump claimed tariffs are the ‘greatest thing ever invented’
Walmart exec: Prices ‘probably’ will go higher under Trump
He has proposed a 60% tariff on goods from China — and a tariff of up to 20% on everything else the United States imports. To punish the machinery manufacturer John Deere for its plans to move some production to Mexico, Trump vowed to tax anything Deere tried to export back into the United States — at 200%.
Walmart says price hikes likely if Trump tariffs take effect
Prices on products that rely heavily on imports, such as electronics, toys and clothes, would be likely to rise, ABC News reported. Trump's transition responded by saying his first-term tariffs "created jobs, spurred investment, and resulted in no inflation."
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.
Trump Tariffs Could Have Significant Impact On Inflation, Bundesbank’s Nagel Says
Donald Trump’s proposed tariffs on goods could upend international trade and threaten higher inflationary pressures, the Bundesbank’s president said.
Trump’s treasury pick could give an indication of what he plans to do about tariffs
The choice of how Donald Trump fills his highest-profile Cabinet selection, treasury secretary, will be the clearest indication yet of how he intends to wield import tariffs in his new
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