Walmart Chief Financial Officer John David Rainey warned that President-elect Trump's proposed tariffs could lead to higher prices for Walmart shoppers. "Tariffs are going to be inflationary.
“We never want to raise prices,” John David Rainey told CNBC. “Our model is everyday low prices. But there probably will be cases where prices will go up for consumers.” On the campaign ...
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 ...
“We never want to raise prices,” Walmart CFO John David Rainey told CNBC on Tuesday. “Our model is everyday low prices. But there probably will be cases where prices will go up for consumers.