Companies that buy products made abroad pay the tariffs imposed on them — and, as a result, face higher costs that are typically passed on to consumers
Stock Market News Today: Dow Moves Higher; Walmart Says It Will Raises Prices Due to Tariffs — Live Updates WSJWalmart warns it will raise prices because of tariffs CNNWalmart CFO says price hikes from tariffs could start later this month, as retailer beats on earnings CNBCWalmart shoppers to face price hikes as Trump tariffs hit Reuters
Higher tariffs and the Trump trade wars were bound to influence when Americans went shopping and how much they bought — and that's exactly what's happened the past few months.
