Walmart Expects Increasing Prices on Some Goods
What
Walmart hiking prices on some goods due to the tariff rates with China.
Summary
Walmart during its Q1 earnings call predicted that some of its products will need to be raised due to the increase set of tariff rates set to go into effect later this month. The biggest increase will be with baby strollers, furniture, and toys
More
Why
Increase in tariff rates against China goods.
When
Increase in prices should start to show by the end of this month.
Where
All Walmart shopping centers.
Sources
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