Walmart makes drastic decision amid tariff threats

Walmart makes bold decision amid tariff threats. Jeff Greenberg/Getty

By Maurie Backman TheStreet

For the past few years, consumers have faced an uphill battle with inflation. Higher prices started to take hold in 2021, and the problem really hasn’t gone away since.

Only now, consumers have a new economic issue to deal with – tariffs. Don’t miss the move: Subscribe to TheStreet’s free daily newsletter So far, the impact of tariffs has largely been stock market-related.

When tariff policies were announced in early April, it sent markets spiraling. Stock values have flip-flopped since, but all told, it’s been a volatile number of weeks. Because tariffs were paused shortly after they were announced, it’s too soon to comprehend the impact they’re going to have on the economy.

But retailers are definitely bracing for a hit. So are inflation-weary consumers, for that matter.

Read more at: https://www.miamiherald.com/news/business/article305713586.html#storylink=cpy

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