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%.
A Walmart executive warned that President-elect Trump’s plans to raise tariffs on imports could drive the retail giant to ...
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Walmart says price hikes likely if Trump tariffs take effect“We never want to raise prices,” Walmart CFO John David Rainey told CNBC on Tuesday. “Our model is everyday low prices.
There’s a high chance that low-cost retailers such as Walmart will have to raise their prices if President-elect Donald ...
Walmart’s CFO John David Rainey said the retailer would likely have to raise prices on some items if President-elect Donald ...
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