Tariffs cold make Walmart raise prices Unlisted Video
4 years ago
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Insider Inc
Office Of The United States Trade Representative
International Trade
China – United States Trade War
Presidency Of Donald Trump
International Taxation
Brett Biggs
United States
Insider Inc.
Walmart's CFO told Bloomberg Thursday that prices at the store will increase if more tariffs are imposed. The US-China trade war reached new levels over the past week after both sides imposed fresh tariffs on billions of dollars' worth of each other's goods. Now, Trump is threatening to impose tariffs on a further $300 billion worth of Chinese goods. "We will do everything we can to keep prices low but increased tariffs lead to increased prices," CFO Brett Biggs said.
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