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Walmart, the world’s largest retailer, announces that it will begin raising prices as early as late May 2025, citing ongoing pressure from tariffs on imported goods. The announcement follows the latest wave of trade policy challenges rooted in tariffs originally imposed during former President Donald Trump’s administration. While a recent temporary agreement reduces some tariffs on Chinese imports—from 145% to 30% for a 90-day window—Walmart executives say the relief is not enough to prevent price increases.
CEO Doug McMillon says the company is committed to protecting affordability for its customers but warns that the sheer. . .
