Bah humbug! Trump's plan for more China tariffs to hit festive shoppers [Reuters]
Walmart Inc. (WMT)
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Source: Reuters
Bah humbug! Trump's plan for more China tariffs to hit festive shoppers - Reuters 4 Min Read WASHINGTON/NEW YORK, June 17 (Reuters) - This year’s holiday season could be tighter for many Americans if the U.S. government imposes tariffs on another $300 billion worth of Chinese imports - because that will include tech products, game consoles, toys, cribs, ornaments and Santa hats. The tariffs would add 25% to the import cost of these and many other consumer items just as retail outlets throughout the world’s largest economy begin to gear up for the peak end-of-year shopping season. Consumers have been largely shielded until now from the direct impact of the trade war between China and the United States as the administration of President Donald Trump has focused previous rounds of tariffs on imports sold to manufacturers rather consumers. But Trump is escalating the trade war and preparing to extend tariffs to nearly all Chinese imports after talks for a deal broke down in May. The U.S.
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WMT
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- 2/20/24 - Beat
WMT
Sec Filings
- 4/11/24 - Form 4
- 4/11/24 - Form 4
- 4/2/24 - Form 4
- WMT's page on the SEC website