Walmart and Target released earnings this week, offering details about costs and price increases incurred by President Donald Trump’s tariffs.
The fresh batch of earnings from big-box retailers provided clues about the conditions that may await shoppers over the coming months as the holiday season approaches.
Levies put forward so far by Trump are expected to cost an average household an additional $2,400 this year, the Yale Budget Lab said earlier this month. Retailers typically offset the tax burden in the form of higher prices for shoppers.
The fresh batch of earnings from big-box retailers provided clues about the conditions that may await shoppers over the coming months as the holiday season approaches.
Levies put forward so far by Trump are expected to cost an average household an additional $2,400 this year, the Yale Budget Lab said earlier this month. Retailers typically offset the tax burden in the form of higher prices for shoppers.