Walmart CFO Says They Don't Want To Raise Prices, But 'Prices Will Go Up For Consumers' Due To Upcoming Tariffs
Walmart’s CFO, John David Rainey, recently said that if President-elect Donald Trump's proposed tariffs take effect, Walmart (NYSE:WMT) will need to raise prices on certain items. Speaking with CNBC,
Walmart will likely raise some prices if Trump tariffs take effect, CFO says
Walmart’s CFO John David Rainey said the retailer would likely have to raise prices on some items if President-elect Donald Trump’s proposed tariffs take effect.
Walmart CFO warns tariffs could lead to higher prices
On FOX business last week, the chief financial officer for Walmart warned proposed tariffs could lead to higher prices on certain goods in the new year.
Walmart CFO keeps eye on prices, tariffs
Walmart is looking to continue to attract high-income consumers with the right price mix, even as CFO John Rainey anticipates price hikes in the face of potential tariffs.
Walmart Says It Will ‘Probably’ Raise Prices, and the Controversial Reason Is Eye-Opening
The question now is how business leaders should react and prepare -- especially in the context of other early warning signs.
Walmart executive 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.
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 often pass on the higher input costs associated with these fees to consumers.
How Trump’s proposed tariffs could dramatically raise prices on consumer goods
President-elect Donald Trump announced Nov. 25 he would impose sweeping new tariffs on countries he says have allowed illegal immigrants and drugs to enter the United States. If the import tax were implemented,
Trump's proposed tariffs could drive up food prices, experts say
Concerns are rising that the sweeping tariffs on all foreign imports that President-elect Donald Trump has vowed to impose could cause the prices of groceries to rise.
Will Trump’s Tariffs Raise Prices? What To Know As He Announces Day One Plan
President-elect Donald Trump announced Monday he’ll levy tariffs on imports from China, Mexico and Canada after he takes office—going against the views of many economists who believe Trump’s plan would burden everyday consumers,
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Walmart’s automation boom means lower delivery costs and better careers, says CFO
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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 ...
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Walmart may have to raise some prices if Trump tariffs take effect, CFO says
Walmart CFO John David Rainey told CNBC that new tariffs could force the retailer to raise prices. Lowe's CEO Marvin ...