Walmart says tariffs ’will increase prices’ for shoppers

Walmart says tariffs ’will increase prices’ for shoppers

Walmart said on Thursday that prices for shoppers will rise due to higher tariffs on goods from China. CFO Brett Biggs said higher tariffs will result in increased prices for consumers. He said the company will seek to ease the pain, in part by trying to obtain products from different countries and by working with suppliers.

KCooper
KCooper
Unbiased Intent
Unbiased Intent 1 year

Then get your stuff from the US. Simple.

Andrew 1010
Andrew 1010 1 year

For those of you saying oh it'll be fine if they just by stuff from the U.S.A you have no idea of how Economics relating to market equilibrium, supply and demand curves, and comparative and absolute advantage works. Trust me prices will rise at drastic rates. Trade Works but only if there are agreeable exchange rates and there AREN'T TARIFFS. You guys don't understand that we are still the 2nd LARGEST EXPORTER of goods only to China.

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