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Stockreport

Walmart says new batch of Trump tariffs could force price hikes on bikes and Xmas lights [USA TODAY]

WALMART INC (WMT)  More Company Research Source: USA TODAY
Last walmart inc earnings: 8/16 07:02 am Check Earnings Report
US:NYSE Investor Relations: stock.walmart.com/investors/default.aspx
PDF Prolonged tariffs could undermine Walmart's financial results, and along with that its share price. This year's holidays, so critical to retailer profits, may be rough for Walmart. (Photo: Joshua Lott / Getty Images) CONNECT TWEET LINKEDIN COMMENT EMAIL MORE Walmart has warned the Trump administration that its latest batch of proposed tariffs could make it more expensive for U.S. households to buy items ranging from cribs to Christmas lights. The world's largest retailer delivered the message in a letter dated Sept. 6 to the office of the U.S. Trade Representative. In it, Walmart joined other industry players in sounding an alarm that American shoppers will suffer the most if another batch of levies is imposed on goods and parts bought from China.  Should the tariffs go into effect, Walmart customers will face cost increases for essential items like car seats, cribs, backpacks, hats, pet products and bicycles,'' the retailer said. And there will [Read more]

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