Walmart would probably see some impact of the rates that President Donald Trump is looking to impose, especially if the threatened against Canada and Mexico are implemented, the retailer said Thursday.
The Gigante Gigante reported quarterly profits that indicated the deceleration of profits, which caused their actions to fall more than 8%.
In an interview with CNBC after launch, financial director John David Rainey said that while about two thirds of Walmart products are obtained from the United States, the company “was not going to be completely immune” from commercial tasks .
“We have lived in a tariff environment during the last seven or eight years, and we will do what we know how to do,” he said. “We will work with suppliers. We will lean in our private brand. We will change the supply when necessary to try to take advantage of the lowest costs that we can then transmit to consumers. ”
Since Walmart is not sure if the tariffs will take effect next month, the company did not influence them in its guide, said Rainey.
While a certain company must pay a rate in advance if an affected country imports, the company is forced to decide how to mitigate those costs, they are often transmitted to buyers.
Rainey previously told CNBC that there would probably be cases in which prices for consumers would increase as a result of tariffs, and added that they are “inflationary” for customers.
American companies are seeing increasing consultations about how they would be affected by the taxes that Trump has asked for. Until now, only a 10% complementary tax in Chinese products has entered into force, although the president has threatened a wide range of tariffs depending on the current commercial posture of a given country with steel and aluminum tariffs of the United States They will kick next month, while Trump this week asked for new tariffs on cars, drugs, semiconductors and wood imported to the United States.
CNBC has discovered that the word “rates” has appeared in more than 190 calls made by S&P 500 Companies in 2025, which puts it on its way to see the greatest participation in half decade. However, many, like Walmart, declared that they were not yet thinking about their effect on their official orientation and perspectives.
“We have planned a game several scenarios and steps that we could take depending on what really enters into force,” said R. Scott Herren, financial director of the Cisco Technology Group, in recent comments.
This week, the Federal Reserve indicated that the discussion of the tariffs had emerged during their policy meetings, and had entered its calculation to keep interest rates high.
“Commercial contacts in several districts had indicated that companies would try to transmit to consumers greater costs of supplies that arise from possible tariffs,” said the Central Bank, something that could threaten to accelerate inflation.
And in his “upward risks for the perspective of inflation,” he cited “the possible effects of possible changes in commercial and immigration policy.”
