Walmart, the nation’s largest retailer, has announced plans to raise prices on certain goods as the company grapples with elevated costs linked to ongoing tariffs on imports from China. Even if the tariffs end up being softer than expected, the prices could still be going up, reports suggest. These tariffs, initially imposed at rates as high as 145% under the previous administration, were temporarily reduced to 30% for a limited period but remain a significant financial burden.
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