Walmart CEO Doug McMillon expressed concern over the need to raise prices if China and the United States continue their trade war:
“Walmart is doing its best to keep prices unaffected by the U.S.-China trade war, but if things escalate it could be a different story, CEO Doug McMillon said Thursday. ‘We worry about next spring, next summer, next fall what customers will have to pay if tariffs do escalate,’ McMillon said in an interview with CNBC’s Becky Quick on ‘Closing Bell.’ ”
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