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0.000212098074149414 -8.48392296598381E-05 -0.000169678459319556 -0.00182404343768561 -0.00364808687537123 -0.00398744379401034 -0.00449647917196913 -0.00496309493509806
Stock impact report

Walmart should stop blaming tariffs, says Trump [Yahoo! Finance]

Lowe's Companies, Inc. (LOW) 
Last lowe's companies, inc. earnings: 2/26 06:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Trump made the remarks on his social media platform, Truth Social, in response to Walmart's warning that higher import duties are forcing price hikes. Trump wrote that Walmart should “STOP trying to blame Tariffs as the reason for raising prices throughout the chain,” and argued that both Walmart and China should “EAT THE TARIFFS” rather than passing on costs to consumers. He added, “I'll be watching, and so will your customers!!!” The comments come amid ongoing tensions around import duties, particularly on Chinese goods, and concerns about inflation in the retail sector. Walmart CFO John David Rainey said last week that the speed and magnitude of recent price increases due to tariffs are unprecedented. In an interview with CNBC, Rainey acknowledged that while the Trump administration had recently eased some tariffs—reducing duties on Chinese imports from proposed levels to 30% for 90 days—the overall burden remains high. Rainey added that despite some temporary relief, th Show less Read more
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