share_log

Major retailers in the USA, such as Walmart, warned that tariff policies would raise prices.

Breakings ·  Apr 25 09:08

The USA government's tariff policy has already begun to create destructive consequences in various industries, raising concerns across all sectors. On the 23rd local time, according to Axios news website in the USA, sources revealed that major retailers in the USA, including Walmart, Target, and Home Depot, recently issued warnings regarding the Trump administration's tariff policy. Reports indicate that President Trump held a meeting with major retailers at the White House to discuss how to mitigate the destructive impact of the current USA tariff policy on the global supply chain and to ease the concerns of American consumers regarding the increased tariffs. It is reported that the CEOs of Walmart, Target, and Home Depot directly warned Trump that his tariff and trade policies could disrupt supply chains, increase prices, and leave American consumers with empty shelves. Meanwhile, the chaos caused by the tariff policy could become evident in two weeks.

The translation is provided by third-party software.


The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
    Write a comment