ADVERTISEMENT
The confrontation between Trump and Walmart highlights the broader economic challenges posed by tariff policies. Retailers across the United States are grappling with the effects of increased import duties, leading to concerns about inflation and consumer spending. Federal Reserve officials have noted that tariffs are expected to boost prices, urging caution in monetary policy decisions until the full impact is understood. While the White House has downplayed the inflation risk, retailers like Walmart warn of imminent price increases, even under reduced tariff rates.
Continue READING
ADVERTISEMENT