Walmart Inc. has pulled its outlook for operating income in the first quarter as it faces uncertainty about the potential impact of the recently announced tariffs.
Reports from Chinese state media suggest Walmart is engaging in discussions with China’s commerce ministry about the impact of U.S. tariffs on China-made goods.
President Trump on Thursday signed a presidential memorandum laying out his plan to apply tariffs on imports that equal any tariffs or other levies put on those products from the U.S. by other countries.