#Walmart's announcement today that it plans to raise #prices is expected to open the floodgates for #retail price hikes.
The world's largest retailer—whose brand is inextricably linked to low prices & affordability—said despite the #China #trade deal earlier this week it is too late to avoid higher #costs for #consumers.
#Trump #tariffs #economy #inflation #recession
https://www.axios.com/2025/05/15/walmart-store-prices-trump-tariffs
‘Off the charts’: How #Trump #tariffs would shock US & world economies
If implemented, Trump’s #tariff plans would lead to higher #costs, #StockMarket volatility & feuds w/the rest of the world.
Trump is campaigning on the most significant increase in tariffs in close to a century, preparing an attack on the #international #trade order that would likely raise #prices, hurt the stock market & spark economic feuds w/much of the world.
#economy #USpol #HarrisWalz2024
https://www.washingtonpost.com/business/2024/10/16/trump-tariffs-impact-economy/
