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Trump, Walmart and Lowe
Walmart reveals impact of Trump’s tariff plan, and social media is not happy
Walmart isn’t the only store to suggest that prices could rise. Per CNBC, Lowe’s CFO Brandon Sink said that “about 40% of the company’s cost of goods sold comes from outside the U.S., including direct imports and merchandise from national brands.
Walmart And Lowe's Warn That Trump's Tariffs May Cause Price Hikes
Trump repeatedly pledged on the campaign trail that he would lower runaway costs for American households by implementing tariffs, even though they typically make goods more expensive. He has proposed a tariff of up to 20% on all goods made in other countries and a special tariff of 60% for goods made in China.
Walmart, Lowe’s Raise Alarm on Trump Tariffs. What Their Warning Means for Markets and 5 Other Things to Know Today.
Retailers post earnings beats, Bitcoin price hits record, Microsoft conference shows AI progress has slowed, and other news to start your day.
1d
on MSN
Walmart just leveled with Americans: China won’t be paying for Trump’s tariffs, in all likelihood you will
Voters who returned Donald
Trump
to the Oval Office in hopes that living costs would return to the halcyon days before the ...
13h
on MSN
Stocks jump, DOGE gets to work and Walmart talks tariffs
President-elect Trump is keeping the pedal to medal assembling his team as the stock market, bitcoin and gold keep grinding ...
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