Walmart says prices will 'probably' go up if Trump tariffs take effect
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Walmart's CFO indicated that the company might increase prices if Trump's proposed tariffs are implemented. Approximately one-third of Walmart's products, primarily non-grocery items, are imported and could be affected by these tariffs.
November 19, 2024 | 4:45 pm
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Walmart's CFO suggests potential price hikes due to Trump's proposed tariffs, affecting about one-third of its imported products.
The news directly impacts Walmart as the proposed tariffs could lead to increased costs for imported goods, which make up a significant portion of its inventory. This could result in higher prices for consumers, potentially affecting sales and stock prices negatively.
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