Walmart reportedly warns Trump’s trade war will hit regular Americans hard



Will Martin | Business Insider

Walmart, the largest US retailer, is sounding the alarm on President Donald Trump’s trade war, saying it is “very concerned” about the impacts the newly announced tariffs may have on American consumers.

In a letter to US Trade Representative Robert Lighthizer, the company — which employs 2.3 million people worldwide, including 1.5 million in the US — said the immediate impact of the fresh tariffs “will be to raise prices on consumers and tax American business and manufacturers,” according to a report from CNN Money.

“As the largest retailer in the United States and a major buyer of U.S. manufactured goods, we are very concerned about the impacts these tariffs would have on our business, our customers, our suppliers and the U.S. economy as a whole,” Walmart wrote,according to a separate report from Reuters.

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