Walmart CFO signals potential price hikes due to Trump's tariff plans
Walmart CFO John David Rainey said on Tuesday that President-elect Donald Trump's sweeping tariff plan may require the retailer to raise prices on some of its products
Walmart CFO says some prices might rise if Trump’s tariffs take effect
A Walmart executive warned that President-elect Trump’s plans to raise tariffs on imports could drive the retail giant to increase the price of store items. “We never want to raise prices,” John David Rainey,
Walmart likely to raise prices if Trump enforces tariffs, CFO says
Walmart has signaled price hikes should be expected if President-elect Donald Trump makes good on his plan to implement a broad tariff regime. The retailer's CFO John David Rainey said the company would likely have to raise its prices,
Walmart may have to raise some prices if Trump tariffs take effect, CFO says
The discounter's comments are the latest warning from retail leaders about the potential impact of the tariffs.
Walmart says prices will 'probably' go up if Trump tariffs take effect
Walmart's CFO said that Trump's proposed tariffs could lead the retailer to raise prices.About one-third of the retailer's products are imported, mostly in non-grocery items.During Trump's previous term,
Walmart exec: Prices ‘probably’ will go higher under Trump
He has proposed a 60% tariff on goods from China — and a tariff of up to 20% on everything else the United States imports. To punish the machinery manufacturer John Deere for its plans to move some production to Mexico, Trump vowed to tax anything Deere tried to export back into the United States — at 200%.
Walmart warns it will have to raise prices if Trump’s tariffs are enacted
Walmart warns it will have to raise prices if Trump’s tariffs are enacted - Trump claimed tariffs are the ‘greatest thing ever invented’
Walmart, Other US Companies Raise Concerns Over Proposed Trump Tariffs
Numerous major U.S. corporations addressed tariffs at recent investor events and on conference calls, including some after the Nov. 5 election, when Trump edged out sitting Vice President Kamala Harris.
Trump’s Tariffs Will ‘Probably’ Cause Walmart Price Hikes, CFO Says
The Walmart executive’s comments hint at the trickle-down impact of tariffs, as companies pay the import tax upfront and ...
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Walmart hikes its outlook again as shoppers spend more outside the grocery aisles
In a CNBC interview, Chief Financial Officer John David Rainey said sales of general merchandise — outside of the ...