Walmart sees an opportunity in Trump’s trade war
Donald Trump
New York CNN — Walmart, the largest retailer in the world, pulled its financial guidance for the quarter because of uncertainty over the impact of sweeping tariffs on China, Vietnam and other global sources of goods. Walmart said Wednesday it was unsure of its operating profit for the first quarter of the year because the retailer wanted to “maintain flexibility” to invest in lowering prices as tariffs kick in. President Donald Trump instituted 10% tariffs across all countries last Saturday.
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