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Major retailers in US likely to increase prices due to tariffs | The Hill
Posted
May 19, 2025
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May 19, 2025
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5:54Now PlayingMany retailers are gearing up for their earnings calls this week, and you may see higher prices at the stores in the U.S. due to tariffs. Walmart has already announced price increases, prompting President Trump to criticize the retailer for the billions it has made and advise it to "eat the tariffs." Kevin O'Leary, chairman of O'Leary Ventures, tells Blake Burman on “The Hill” that retailers will not take the full hit of the tariffs, and they will distribute the "pain" depending on how much reciprocal tariffs are.
#tariffs #economy #Trump
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