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Walmart Shoppers See Sharp Price Hikes as Tariffs Hit Shelves Walmart Shoppers See Sharp Price Hikes as Tariffs Hit Shelves - Walmart (NYSE:WMT)

Summary by Benzinga
Walmart employees and shoppers now report price hikes hitting the shelves and their wallets.

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In a recent report, John David Rainey, Walmart’s CFO, spoke about the inevitable price hikes due to the new tariffs imposed by the Trump administration. Rainey said that while the retail giant strives to keep prices low, some increases will be inevitable and visible in a few weeks. In particular, he warned that 30% tariffs could quickly translate into two-digit price increases.Adjustments in the Consumer Price Index (CPI) recorded a 0.2% increas…

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  • 40% of the sources are Center, 40% of the sources lean Right
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Bloomberg broke the news in United States on Wednesday, June 4, 2025.
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