Walmart and Other Companies Say Trump’s Tariffs Will “Obviously” Raise Prices

Economic experts are warning that if president-elect Donald Trump follows through on his plan to impose massive tariffs on goods imported from other countries, American consumers will likely face higher prices — a warning that was recently echoed by a prominent executive from Walmart, the country’s largest retailer., framing increased costs as an action the company would be forced to take in order to make up the costs of tariffs.

“If Donald Trump says tariffs work, tariffs work. Because Donald Trump is really never wrong,” Rep. Troy Nehls The next round of tariffs that Trump plans to propose would be even bigger — and thus, more harmful to consumers’ pocketbooks,Other companies have echoed Walmart’s warnings about tariffs affecting consumer costs.

We must give ourselves space to grieve and feel our fear, feel our rage, and keep in the forefront of our mind the stark truth that millions of real human lives are on the line. And simultaneously, we’ve got to get to work, take stock of our resources, and prepare to throw ourselves full force into the movement.Even as we are reeling, we’re summoning up all the energy we can to face down what’s coming, because we know that one of the sharpest weapons against fascism is publishing the truth.

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