Trump Pressures Walmart on Tariffs and Calls for Fed Rate Cuts

Reported about 9 hours ago

President Trump criticized Walmart for blaming tariffs for potential price increases and suggested the retail giant should absorb the costs instead. He also urged the Federal Reserve to lower interest rates sooner and expressed frustration with Chairman Jerome Powell. Walmart, facing pressure from tariffs, warned of upcoming price hikes, while Trump plans to set tariff rates for trading partners in the coming weeks.

Source: YAHOO

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