From CNBC: 2024-11-19 12:34:59

Walmart’s CFO, John David Rainey, warned that prices on some items may increase if President-elect Donald Trump’s proposed tariffs are implemented. The retailer beat Wall Street’s expectations and raised its full-year forecast. Lowe’s also expressed concerns about tariffs as it reported earnings. The potential policy change could impact consumers and retailers alike.



Read more at CNBC: Walmart says new Trump tariffs could raise prices