Sen. Chuck Schumer says Walmart elevating costs is a ‘canary in a coal mine’ for Trump’s tariffs

Executives at Walmart warned of value will increase on account of U.S. tariffs imposed in latest months.

Price hikes may hit perishable imports corresponding to espresso, avocados, bananas and roses, the CEO of Walmart mentioned, noting a very acute danger of value will increase for merchandise from China.

"Walmart’s raising prices is a canary in the coal mine for the devastation Trump’s tariffs will have on Main Street. If a retailer as big as Walmart can’t escape the pain of tariffs, what chance does small businesses have?" Sen. Chuck Schumer mentioned.

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