Retail chains Walmart y Target alarms turned on regarding the impact that the policy of duty promoted by the former president Donald Trump could have on the availability of products in their stores in USAsince it puts even their policies with consumers.
during a private meeting in the White Housethe general directors of both companies They warned that import taxes could cause interruptions In the supply chains in a matter of weeks, according to CBS News.
Walmart and Target talk to Trump and leave serious warnings
Although Walmart and Target described the encounter with Trump as a “productive dialogue”both retail giants expressed deep concerns about the immediate consequences of rates imposed on different countries whose products usually appear in their shelves.
The communications issued by both companies highlight the risk that consumer prices will increase drastically and that the shortage of essential products becomes a reality in the short term, despite the intention of the president to have a consumerist policy that favors the companies in the country more.
What products are at risk of getting lost for Walmart and Target?
Target placed special emphasis on its dependence on imported products, particularly from Mexicoto supply your inventory during the winter season. The company warned that consumers could face notable prices due to the increase in costs generated by new tariffs.
For its part, Walmart recognized in previous interviews with CNBC that, although its intention is to avoid transferring costs to the client, in some cases It would be inevitable to reflect the impacts of tariffs on products prices.
The impact of tariffs on Walmart and Target operations
At the moment, The established tariffs By Trump’s administration include 145 percent on products coming from China and 10 percent about imports from most other countries. This policy rose pressure on logistics and chain operations such as Walmart and Target, which makes it difficult to maintain stable inventories and competitive prices.
According to CBS Newsboth supermarket chains pointed out that prolonged disruption in the supply chain would not only affect consumers to basic products, but also could weaken the purchasing power of US families. In addition, they alerted about The possible brake that this scenario could represent for the general economic recovery of the country.
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