Multiple businesses are still reacting to President Donald Trump’s tariffs and the incoming effects they may have on them, which have shaken the stock market since their inception last week.
On Wednesday, the president’s tariffs were given a 90-day pause to non-retaliating countries, just a week after being unveiled on Liberation Day. In some cases, the tariffs have even advanced. However, the baseline 10% tariffs that went into effect on Saturday are not part of this pause, with China being one of the few exempt from Trump’s announcement now that it has been hit with a 125% tariff.
In the midst of the economic whirlwind, several companies have sought to prepare for what the tariffs could mean.
Walmart
Walmart is scrapping its outlook for operating income within the company’s
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