Walmart, Trump and prices
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6hon MSN
Walmart has indicated that consumers will soon start seeing higher costs as Trump's tariffs have begun to take effect. And retailers broadly have tried to warn consumers about imp
Walmart’s sales rose 2.5 percent, narrowly missing analyst expectations. Experts say the retail giant may be better situated than some competitors to endure a trade war.
The CFO says that the tariffs are ‘still too high.’ You might want to prepare for things to pay more at Walmart. The company’s CFO, John David Rainey, told CNBC that the Trump administration’s tariffs are “still too high” and that consumers could see higher prices “likely towards the tail end of this month, and then certainly much more in June.”