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

  • Walmart will raise prices later this month due to high tariff costs, executives said today.
  • CEO Doug McMillon stated that Walmart cannot absorb all tariff costs due to narrow retail margins.
  • The tariffs are the highest since the 1930s and will impact customers amid ongoing inflation.
  • Walmart's first quarter profit slipped, leading to the necessary price increases caused by the tariffs implemented by President Donald Trump.
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  • 63% of the sources are Center
63% Center
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ProPublica broke the news in New York, United States on Wednesday, May 14, 2025.
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