Walmart says the ongoing tariff war with China will translate into higher prices for customers.
Last week, the White House raised tariffs on $200 billion worth of Chinese goods and is considering another round this week.
Walmart, which gets about one-third of its products from China, says higher tariffs will mean increased prices, and is “hopeful that an agreement can be reached” between the U.S. and China.
Source: https://www.nbcnews.com/business/consumer/walmart-says-higher-tariffs-china-goods-will-increase-prices-u-n1006366
