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0 0 0.00115553501271082 0.00173330251906623 0.0015021955165241 0.00103998151143967 -0.00150219551652426 0.00057776750635541
Stock impact report

China is turning up pressure on Walmart. That could mean higher prices for US customers [CNN]

Walmart Inc. (WMT) 
Last walmart inc. earnings: 2/18 06:00 am Check Earnings Report
US:NYSE Investor Relations: stock.walmart.com/investors/default.aspx
Company Research Source: CNN
Trump has slapped 20% tariffs — or taxes on imported goods — on all products coming from China. That's put the squeeze on retailers like Walmart, which imports a lot of merchandise from China and sells those goods at the lowest price possible to American consumers. Walmart, in turn, has tried to pressure its Chinese suppliers to lower prices. But the Chinese government is having none of it. The strong reaction from the Chinese government reveals how American companies are caught in the middle of an escalating trade war between the United States and China. While customers in the United States want low prices, that could be hard for Walmart to achieve if the Chinese government is stepping in, trade experts say. And if a company even as strong as Walmart struggles to hold down prices, it means that much smaller companies are going to be hurting, too. Chinese officials said this month that they requested local Walmart executives speak to them following a report that the company had a Show less Read more
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