Walmart stated that it will raise prices this month due to recent tariff changes. Some items will cost more because the current state of global trade is making things more expensive for the company.
“We will do our best to keep our prices as low as possible. But given the magnitude of the tariffs, even at the reduced levels announced this week, we aren’t able to absorb all the pressure given the reality of narrow retail margins.” Walmart CEO Doug McMillon said.
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