News · 1 month ago

Walmart says it will raise prices due to tariff costs after posting solid first quarter sales

cross-posted to:
economics

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Walmart says it will raise prices due to tariff costs after posting solid first quarter sales

News · 1 month ago

cross-posted to:
economics

Walmart’s first quarter profit slipped and it said it must raise prices due to higher costs from tariffs implemented by President Donald Trump.

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1 month ago
This is the fundamental guiding principle of late-stage capitalism: what goes up must never come down.

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