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Tariffs on China are likely to push up prices for U.S. consumers, researchers say
- Walmart announced in 2025 that it will raise prices on many products due to tariffs targeting goods imported from China introduced under President Trump's policies.
- The tariffs rose to levels that made it impossible for Walmart and other retailers to absorb the extra costs, prompting a 90-day deal in May to reduce some high tariffs while keeping others as in the Geneva agreement.
- Local business owners like Claire Vert of Nosh Cafe and Riley Tubbs of Ten Mile Creek Brewery report that tariffs, combined with factors like delivery costs and health regulations, are driving price increases and urging customers to be patient.
- Walmart CEO Doug McMillon warned that despite efforts to reduce the impact, tariffs will increase consumer costs, while experts like Clark Packard expect serious consequences for everyday Americans without changing China's trade practices.
- Although tariffs raise costs for consumers now, Vert and others remain optimistic that things will eventually normalize and prices will stabilize as trade dynamics adjust.
51 Articles
51 Articles
Walmart Confirms Price Hike on Everyday Products—Blames Trump’s New Tariffs – Knowhere News
Walmart has officially announced that it will raise prices on many of its products due to new tariffs introduced under former President Donald Trump’s trade policies. These tariffs are targeting goods imported from China, and Walmart says they are already affecting costs across many product categories. Walmart executives explained that the price hike is a direct result of higher import taxes that are now being applied to items like electronics, …
How two Helena restaurants are trying to keep prices down
HELENA Claire Vert is the owner of Nosh Cafe, a downtown restaurant that serves breakfast and lunch, and has been open for eight years. Claire and Nosh made it through the pandemic, but there seem to be a lot of factors at play right now affecting pricing.WATCH - Claire Vert and Riley Tubbs: How two Helena restaurants are trying to keep prices down"I mean it's the tariffs, it's the bird flu, it's delivering, you know, the delivery system," says …
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