Trump, Amazon and Walmart
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For many merchants selling on Amazon, a 90-day pause in steep U.S. tariffs on China should be a chance to stockpile inventory. But Amazon has already grown cautious about letting goods pile up in its warehouses,
Robert Goulder comments on whether tariffs are hidden taxes that should be routinely disclosed to retail consumers.
The home improvement chain broke from many other retailers, who say they cannot afford to absorb new tariffs. President Trump recently attacked Walmart for warning of price hikes.
Inflation skyrocketed during Biden's presidential term, increasing the cost of living. Find out the signs that Trump's tariffs will have an even bigger effect.
And just this week as the U.S. and China reached an initial deal that greatly lowered tariff levels, the three major indexes soared. The S&P 500 even moved into positive territory for the year after earlier falling as much as 15%.
Home Depot said it doesn’t plan to raise prices because of President Donald Trump’s tariffs, breaking with Walmart and other retailers that will pass costs related to the trade war on to consumers.
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