Headline: UNCAPTIONED: Walmart Warns of Price Hikes Due to New Tariffs
Caption:
Walmart Warns of Price Hikes Due to New Tariffs. Walmart is preparing to raise prices in the US as early as this month, citing higher costs from new tariffs on imports. The retailer's CEO, Doug McMillon, confirmed that despite a temporary suspension of further tariffs by the Trump administration, the company still expects to adjust prices to offset rising costs. While over two-thirds of Walmart’s products are made domestically, China remains a key supplier for items like toys and electronics. Additionally, tariffs on countries like Costa Rica, Colombia, and Peru are increasing the price of everyday items like avocados, coffee, roses and bananas.
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Keywords: Current Affairs & Politics,Walmart,warns,price hikes,due,new,tariffs,Donald Trump,US President,raise,cost,savings,staples,food,materials,electronics,toys,imports,China,Costa Rica,Colombia,Peru,increasing,everyday items,CEO,Doug McMillion,largest,worldwide,chain
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