Skip to main content
Holiday Sale — Get 40% off Vantage for yourself or as a gift
Published loading...Updated

Walmart says it will raise prices due to tariff costs after posting solid first quarter sales

  • Walmart will raise prices later this month due to high tariff costs, executives said today.
  • CEO Doug McMillon stated that Walmart cannot absorb all tariff costs due to narrow retail margins.
  • The tariffs are the highest since the 1930s and will impact customers amid ongoing inflation.
  • Walmart's first quarter profit slipped, leading to the necessary price increases caused by the tariffs implemented by President Donald Trump.
Insights by Ground AI

439 Articles

Los Angeles TimesLos Angeles Times
Reposted by
Independent EspañolIndependent Español
Lean Left

Although many of the higher tariffs have been reduced or temporarily suspended, a large number of other remaining taxes have accumulated on businesses.

·Los Angeles, United States
Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 63% of the sources are Center
63% Center

Factuality Info Icon

To view factuality data please Upgrade to Premium

Ownership

Info Icon

To view ownership data please Upgrade to Vantage

Political Wire broke the news in New York, United States on Wednesday, May 14, 2025.
Too Big Arrow Icon
Sources are mostly out of (0)

Similar News Topics

News
Feed Dots Icon
For You
Search Icon
Search
Blindspot LogoBlindspotLocal