Walmart CFO John David Rainey told CNBC that new tariffs could force the retailer to raise prices.
Lowe’s CEO Marvin Ellison said the home improvement retailer is concerned about the risk of higher costs and is already having conversations with suppliers about tariffs.
The companies joined other brands and retail trade groups in warning that the tax on imports proposed by President-elect Donald Trump could fuel inflation. = WINNING!
The only ACTUAL joke here is BIDEN!
Quite similar to how Reagan's pending inauguration triggered the Iranian's release of our diplomatic hostages in 1981.
That occurred just hours before the inauguration.
It's hard to see these events as coincidental.
Walmart CFO John David Rainey told CNBC that new tariffs could force the retailer to raise prices.
Lowe’s CEO Marvin Ellison said the home improvement retailer is concerned about the risk of higher costs and is already having conversations with suppliers about tariffs.
The companies joined other brands and retail trade groups in warning that the tax on imports proposed by President-elect Donald Trump could fuel inflation. = WINNING!