Walmart warns of price hikes over Trump tariffs
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Walmart Inc warns of potential price hikes due to proposed tariffs by President-elect Donald Trump. The company's CFO highlighted the inflationary impact of these tariffs on customers.
November 19, 2024 | 5:30 pm
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Walmart Inc may increase prices if proposed tariffs by President-elect Trump are implemented, potentially affecting consumer spending and Walmart's sales.
The announcement of potential price hikes due to tariffs is likely to negatively impact Walmart's stock in the short term as it may lead to reduced consumer spending and sales. The CFO's statement highlights the direct impact of regulatory changes on the company's pricing strategy.
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