Will Walmart shoppers face higher prices if Trump's proposed tariffs are implemented?
Donald Trump’s proposed tariffs, which could result in higher prices for American consumers.
In an interview with Liz Claman on «The Claman Countdown,» Rainey emphasized the inflationary nature of the proposed tariffs, which could significantly affect the prices Walmart customers pay for a range of products, as per a report by Fox Business.
Tariffs Could Increase Consumer Costs
Rainey, speaking on Thursday, explained that the proposed tariffs would apply broadly, with a universal 10%-20% tariff on imports from all countries and an additional 60%-100% tariff on goods specifically imported from China.
He warned that such measures would undoubtedly lead to inflation, stating, «Tariffs are going to be inflationary. There’s no disputing that.»
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