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The U.S. Just Imposed Sweeping Tariffs on All Imports. Here's How Walmart Stock Might Be Affected. [Yahoo! Finance]
Last walmart inc. earnings: 2/18 06:00 am
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US:NYSE Investor Relations: stock.walmart.com/investors/default.aspx
The new policies levy a 10% tariff on all imports, with higher "reciprocal" tariff rates applied to a list of "the countries with which the United States has the largest trade deficits." It's a monumental shock to America's economic status quo, and, at least in the short term, it has sent shockwaves through the global stock markets. The U.S. depends heavily on imports, so consumers could see higher prices as tariffs go into effect. Look no further than Walmart (NYSE: WMT) . The leading U.S. retailer gets much of its goods from other countries. Here's how tariffs may affect Walmart stock, and what investors may want to do about it. Walmart, the largest retailer in the United States, will feel direct consequences as these new tariff policies go into effect. According to the company, more than two-thirds of its U.S. product sales were on goods grown, produced, or assembled in America last year. Conversely, that implies that imported goods accounted for roughly a third of its U.S. s
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