Big Box Retailers Meet With Trump To Discuss Tariffs

Reuters reports:

U.S. President Donald Trump met with major retailers, including Walmart, Home Depot,Lowe’s and Target on Monday to discuss broad-based tariffs likely to raise the cost of everyday goods that they import.

Big U.S. chains, like Walmart and Target, rely heavily on imported goods, and tariffs — including 145% levies on China — are expected to add strain on Americans already burdened by prolonged inflation.

“We had a productive meeting with President Trump and his team and appreciated the opportunity to share our insights,” a Walmart spokesperson said in a statement, without elaborating. The retailer previously said its CEO, Doug McMillon [photo], would be in attendance.

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