Walmart says Trump's proposed tariffs could increase prices
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Walmart has expressed concerns that President-elect Donald Trump's proposed tariffs on imports could lead to increased prices, potentially affecting inflation. Corporate executives are adopting a cautious approach as they await further developments.
November 20, 2024 | 5:30 pm
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Walmart has indicated that the proposed tariffs by President-elect Trump could result in increased prices, which may affect inflation. This could impact Walmart's pricing strategy and consumer demand.
Walmart is a major retailer that relies on imports for many of its products. The proposed tariffs could increase costs, leading to higher prices for consumers. This may affect Walmart's sales and profit margins negatively in the short term.
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