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.
Walmart and Other Companies Say Trump’s Tariffs Will “Obviously” Raise Prices
Economic experts are warning that if president-elect Donald Trump follows through on his plan to impose massive tariffs on goods imported from other countries, American consumers will likely face higher prices — a warning that was recently echoed by a prominent executive from Walmart, the country’s largest retailer.
Voters who returned Donald Trump to the Oval Office in hopes that living costs would return to the halcyon days before the ...
President-elect Trump is keeping the pedal to medal assembling his team as the stock market, bitcoin and gold keep grinding ...
The question now is how business leaders should react and prepare -- especially in the context of other early warning signs.
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