{"id":931405,"date":"2025-05-16T11:21:10","date_gmt":"2025-05-16T05:51:10","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=931405"},"modified":"2025-05-16T11:21:10","modified_gmt":"2025-05-16T05:51:10","slug":"trump-tariffs-walmart-says-it-will-hike-some-prices-ceo-doug-mcmillon-says-realities-of-higher-costs-began-to-hit-walmart-in","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/05\/16\/trump-tariffs-walmart-says-it-will-hike-some-prices-ceo-doug-mcmillon-says-realities-of-higher-costs-began-to-hit-walmart-in\/","title":{"rendered":"Trump Tariffs: Walmart says it will hike some prices; CEO Doug McMillon says realities of higher costs began to hit Walmart in &#8230;"},"content":{"rendered":"<p>Shoppers at Walmart should brace for price increases on a wide range of goods in the near future, the company&#8217;s Chief Financial Officer John David Rainey has warned, according to a CNBC interview. Despite a recent 90-day reprieve that lowered duties on Chinese imports to 30%, tariffs on goods from numerous other countries are set to impact the retail giant known for its low prices. &#8220;We\u2019re trying to navigate this the best that we can,&#8221; Rainey told CNBC on Thursday. &#8220;But this is a little bit unprecedented in terms of the speed and magnitude in which the price increases are coming.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shoppers at Walmart should brace for price increases on a wide range of goods in the near future, the company&#8217;s Chief Financial Officer John David Rainey has warned, according to a CNBC interview. Despite a recent 90-day reprieve that lowered duties on Chinese imports to 30%, tariffs on goods from numerous other countries are set to impact the retail giant known for its low prices. &#8220;We\u2019re trying to navigate this the best that we can,&#8221; Rainey told CNBC on Thursday. &#8220;But this is a little bit unprecedented in terms of the speed and magnitude in which the price increases are [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[87,4,11],"tags":[],"class_list":["post-931405","post","type-post","status-publish","format-standard","hentry","category-it-2-the-times-of-india","category-newspapers","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/931405","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=931405"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/931405\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=931405"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=931405"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=931405"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}