Thursday, May 15, 2025
Walmart has warned that it plans to raise prices on some products in the wake of Donald Trump's tariffs. "We will do our best to keep our prices as low as possible but given the magnitude of the tariffs, even at the reduced levels announced this week, we aren't able to absorb all the pressure given the reality of narrow retail margins," Walmart CEO Doug McMillon will say on an earnings call with analysts Thursday, according to prepared remarks reported by CNN. |
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