Reported about 14 hours ago
President Trump is targeting major retailers like Walmart, Amazon, Ford, and Mattel regarding potential tariff-induced price hikes, primarily using public pressure tactics. While he has not explicitly suggested price controls, Trump has indicated that he is closely monitoring the situation and may use various governmental tools to exert influence, including investigations and legislative pressure. His public comments have already led some companies, like Home Depot, to announce they won't raise prices, highlighting the delicate balance between corporate pricing strategies and political scrutiny in an inflationary environment.
Source: YAHOO