Walmart Warns Against Trump’s Tariffs on China

Says policy would impact prices

Image Credits: Mike Mozart, Flickr.

Walmart Inc. said that it may hike prices of products if the Trump administration imposes a tariff on Chinese imports, according to a letter the company wrote to U.S. Trade Representative Robert Lighthizer two weeks ago and seen by Reuters on Thursday.

The letter comes days after U.S. President Donald Trump slapped tariffs on $200 billion worth of Chinese goods.

Walmart, the world’s largest retailer, in its letter said the tariff would impact prices of everything from food products to beverages and personal care items.

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