Walmart says prices will 'probably' go up if Trump tariffs take effect
WMTWalmart(WMT) Business Insider·2024-11-20 00:25

Advertisement 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 said it would try to avoid food price increases by managing costs elsewhere.Walmart is the latest company to signal price hikes may be on the way.Walmart CFO John David Rainey said on Tuesday that Trump's sweeping tariff plan could lead the retailer to raise prices on a portion of its ...