Walmart warns Trump tariffs may force price hikes: letter [Reuters]
Walmart Inc. (WMT)
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Source: Reuters
Walmart warns Trump tariffs may force price hikes: letter | Reuters 2 Min Read (Reuters) - Walmart Inc ( WMT.N ) said that it may hike prices of products if the Trump administration imposes a tariff on Chinese imports, according to a letter the company wrote to U.S. Trade Representative Robert Lighthizer two weeks ago and seen by Reuters on Thursday. The letter comes days after U.S. President Donald Trump slapped tariffs on $200 billion worth of Chinese goods. Walmart, the world’s largest retailer, in its letter said the tariff would impact prices of everything from food products to beverages and personal care items. Walmart confirmed it sent the letter and in a statement to Reuters urged the two countries to find solutions. The U.S. Trade Representative’s office was not immediately available for comment. Earlier this week, Trump escalated his trade war with China by imposing 10 percent tariffs on about $200 billion worth of Chinese imports, including consumer products like gas gril
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WMT
Earnings
- 2/20/24 - Beat
WMT
Sec Filings
- 3/27/24 - Form 144
- 3/27/24 - Form PX14A6G
- 3/15/24 - Form 10-K
- WMT's page on the SEC website