6 years ago
Walmart warning it'll raise prices as Trump's China tariffs kick in
Walmart, the biggest U.S. retailer, warned the Trump administration the newest round of tariffs on imported Chinese goods could prompt it to raise prices on products from shampoo to bicycles to food. "This round of tariffs could impact a significant number of common consumer items that are not easily replaceable," Sarah F. Thorn, a senior director for global government affairs at Walmart, wrote in a Sept. 6 letter to the U.S. Trade Representative. "The immediate impact will be to raise prices on consumers and tax American business and manufacturers. "
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