Walmart CFO says some prices might rise if Trump’s tariffs take effect
Walmart CFO John David Rainey warned that President-elect Trump’s proposed tariffs on imports could lead to higher prices for consumers, despite the company’s commitment to maintaining low prices. Trump’s plan includes tariffs of 10-20% on all imports and up to 60% on Chinese goods. While Walmart sources a large portion of its products domestically, Rainey acknowledged that tariffs are inflationary and said the company will … Continue reading Walmart CFO says some prices might rise if Trump’s tariffs take effect
