Impact of U.S. Tariffs on Walmart Prices
Walmart announces plans to raise prices due to U.S. tariffs on imports from China and other countries, impacting items on store shelves and shoppers' wallets. CEO Doug McMillon hopes for lower taxes on Chinese imports and relief on tariffs for food items like bananas and avocados. Retail sales remain flat as consumers are cautious about spending due to tariff-related price increases.