'We're concerned': Walmart, Lowe's among latest companies to warn Trump tariffs could raise product costs
Major American retailers Walmart ( WMT) and Lowe’s ( LOW) raised concerns that President-elect Donald Trump’s proposed tariffs would make their products more expensive just as consumers are beginning to recover from the impacts of inflation.
Walmart among US companies raising concerns over proposed Trump tariffs
Tariffs could raise prices on clothing, toys, furniture, appliances, footwear and travel goods, particularly items where China is a major supplier.
Walmart will likely raise some prices if Trump tariffs take effect, CFO says
National Retail Federation CEO Matthew Shay described across-the-board tariffs as “a tax on American families.”
Walmart warns it will have to raise prices if Trump’s tariffs are enacted
There’s a high chance that low-cost retailers such as Walmart will have to raise their prices if President-elect Donald Trump’s tariff proposal takes place, the company’s CFO said on Tuesday. “We never want to raise prices,
Walmart likely to raise prices if Trump enforces tariffs, CFO says
Walmart joins the list of companies speaking out about the effects of tariffs on their businesses and customers following Donald Trump's reelection.
Walmart, others raise alarms over Trump’s proposed tariffs
Corporate executives were taking a wait-and-see approach to President-elect Donald Trump’s vow to impose heavy tariffs on imports when he takes office in January, but many have raised concerns about the effect such levies will have on inflation.
Walmart issues inflation warning as Trump preps massive tariff hikes
Trump says tariffs are a 'tax on foreign countries.' The world's largest retailer says Americans will pay more.
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