|
Companies that buy products made abroad pay the tariffs imposed on them — and, as a result, face higher costs that are typically passed on to consumers
|
RELATED ARTICLES | | |
|
Bananas, roses and toys are some of the items hit by tariffs and price hikes could come as soon as late May, according to the retailer.
|
|
The retailer reported sales growth, especially in its e-commerce division, but also cautioned about economic uncertainty in the quarters ahead.
|
|
Walmart warns it will raise prices within weeks because of tariffs The Washington PostWalmart stock slides as it signals price hikes due to 'magnitude' of Trump tariffs Yahoo FinanceWalmart is raising prices due to tariffs: What you should know TODAY.comWalmart CFO says price hikes from tariffs could start later this month, as retailer beats on earnings CNBC
|
RELATED ARTICLES | | |
|
Wholesale prices posted the biggest drop in April since the pandemic in 2020, but economists say the decline in inflation appeared to be a one-off that might not be sustained if tariffs persist at current levels.
|
|
