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Walmart likely to raise prices if Trump enforces tariffs, CFO says
The retailer’s CFO John David Rainey said the company would likely have to raise its prices, which is against its model and wishes. "We never want to raise prices," he told CNBC. "Our model is everyday low prices. But there probably will be cases where prices will go up for consumers." "More expensive cheap Chinese crap you don't need" Rainey added that it’s too early to determine which products could cost more due to the tariffs. Posted by: Besoeker 2024-11-27 |
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