Walmart is also unable to avoid the impact of tariffs and plans to raise prices: Thin profits make it difficult to bear the pressure.

date
16/05/2025
Doug McMillon, CEO of Walmart, stated that the world's largest retailer is also not immune to the impact of Trump's tariffs. He warned that due to the pressure Trump's tariffs are putting on Walmart's costs, Walmart is planning to increase prices on certain products, with the price hikes set to begin later this month. Prices for some products will remain unchanged. McMillon said, "We will do our best to keep prices as low as possible, but considering the magnitude of the tariffs, even with the reductions this week, given the reality of slim retail profit margins, we cannot bear all the pressure."