Walmart warns of price hikes due to tariffs

Walmart warns of price hikes due to tariffs

"Always low prices" has long been a selling point for Walmart stores across the country. However, recent tariff announcements from the Trump administration have the company admitting their prices might have to change, at least for a little while. Customers have already seen price hikes for toys, strollers, and electronics as tariffs on China are raising the cost of a variety of Walmart's products. Democrats in Washington are criticizing the White House's trade war while warning it's a bad sign for the economy. Republicans are on the other side urging consumers to be patient as they wait for President Trump's plan to play out. According to the CEO of Walmart, they started to see prices go up in April and could potentially see impacts through the rest of the year.

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