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President-elect Donald Trump's proposal to implement a 10-20% tariff on all imports has sparked significant concern among retailers and consumers alike. Industry experts warn that such tariffs could lead to increased prices on a wide range of goods, affecting household budgets across the nation.
Retailers Sound the Alarm
Major retailers, including Walmart and Lowe's, have voiced apprehension regarding the potential impact of the proposed tariffs. Walmart's Chief Financial Officer, John David Rainey, cautions that tariffs on imports, especially from China, could result in price hikes for items like toys, electronics, and clothing. Analysts. . .
