MAGA Senator Threatens Walmart for Responding to Trump's Tariffs [View all]
Walmart may be wading through dangerous waters with Donald Trumps administration after announcing that the presidents tariffs would likely lead to price increases for consumers.
During CNBCs Squawk Box Monday, co-host Andrew Ross Sorkin asked Tennessee Senator Bill Hagerty about the presidents recent outrage at Walmart. The mega retail chains CFO warned last week that consumers might start to see higher prices on products as soon as June.
In the short term, if Walmart decides that they have to raise prices, do you think that thats un-American, effectively? Sorkin asked.
I think Walmarts gonna have to make some decisions; Walmart has the broadest base of American clients there is. I think theyre gonna be very careful about how they do this. I know that theyve received some criticism from the president. I think they need to think hard, Hagerty replied.
https://finance.yahoo.com/news/maga-now-threatening-walmart-responding-170411020.html