💨 Abstract

"Major U.S. retailers, including Walmart, Target, and Home Depot, are struggling to manage the financial impact of Trump's tariffs. About 40% of Walmart's and 50% of Target's and Home Depot's goods are imported, causing these companies to face increased costs. Walmart openly discussed the tariffs' impact, leading to backlash from Trump, who insisted they should absorb the cost.

Courtesy: WTOP Staff