Lates News

Although people are generally worried that tariffs will put pressure on American consumers, up to now, most buyers have not felt a significant increase in prices at checkout or have not cared much about it. Economic reports released this week show that since the new round of tariffs took effect last month, businesses have borne most of the costs. In April, both retailers and wholesalers saw the largest profit margin contraction in nearly a year. Manufacturers imply that they are facing higher purchasing prices. However, consumer inflation remains mild and maintains low prices, as shown in Walmart's financial report, which reflects strong sales performance. But the world's largest retailer also issued a warning: changes may be coming soon. Walmart stated that as existing inventory is gradually consumed, the company will begin to pass on the cost pressure of new goods, and consumers will start to experience price increases in the future.