3 sources·Business

Trump Meets Retail Giants to Discuss Tariffs Impacting Business

President Trump meets with executives from Walmart, Target, and Home Depot to discuss the effects of his tariff policies on their operations.

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67%

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Mostly Reliable

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For retailers, tariffs are the latest threat to an already challenging economic landscape, where consumers are looking for low prices after years of high inflation.
Trump hosts Walmart, Target and Home Depot CEOs for tariff meeting
NBC News·25d
Reliable
This source consistently reports facts with minimal bias, demonstrating high-quality journalism and accuracy.
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Center
This outlet is balanced or reflects centrist views.
Trump’s tariffs and their effect on companies will be at the center of the talks, the outlet.
Trump meeting retailers including Walmart, Home Depot, Target regarding tariff concerns
Fox Business·25d
Mostly Reliable
This source is generally reliable but sometimes includes opinion, propaganda, or minor inaccuracies.
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Leans Right
This outlet slightly leans right.

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Updated: Apr 21st, 2025, 6:33 PM ET

Summary

A summary of the key points of this story verified across multiple sources.

During a meeting with Walmart, Target, and Home Depot executives, President Trump discussed his tariff plans and their implications for retail. Walmart, largely sourced domestically, anticipates less impact than Target, which relies more on overseas goods. The National Retail Federation warns tariffs could raise prices for consumers, stressing the importance of trade dialogue for American families. Executives emphasized the need for a collaborative approach to address trade tensions and maintain affordable prices.

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Retailers are concerned about the impact of tariffs on their business models, particularly amidst high inflation and a challenging economic landscape.
Major retail companies, including Walmart, Target, and Home Depot, expressed that they had a productive discussion with President Trump regarding tariffs and their effects on pricing and consumer behavior.
The National Retail Federation has voiced concerns that increased tariffs will lead to higher prices for consumers, adding anxiety and uncertainty for American families.

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