Trump Meets With Walmart, Target, Home Depot CEOs To Discuss Tariff Impacts On Retail

Benzinga

President Donald Trump met privately Monday with the CEOs of Walmart, Target, and Home Depot to discuss how his tariff plans could impact retail imports, according to CNBC. The meeting was described as “productive” and “constructive” by each company. The CEOs highlighted ongoing concerns about rising costs for American consumers. Walmart imports only one-third of its U.S. merchandise, mainly from China and Mexico. Target is more exposed due to its heavy reliance on overseas manufacturing for home goods and apparel. The National Retail Federation warned that additional tariffs would increase the prices of essential goods and create economic uncertainty for American families.

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00:00It's Benzinga bringing Wall Street to Main Street.

00:02President Donald Trump met privately Monday with the CEOs of Walmart, Target, and Home Depot

00:07to discuss how his tariff plans could impact retail imports, according to CNBC.

00:12He knew it was described as productive and constructive by each company.

00:16CEOs highlighted ongoing concerns about rising costs for American consumers.

00:21Walmart imports only one-third of its U.S. merchandise, mostly from China and Mexico.

00:25Target is more exposed due to its heavy reliance on overseas manufacturing for home goods and apparel.

00:32The National Retail Federation warned that additional tariffs would increase prices on essential goods

00:37and create economic uncertainty for American families.

00:40For all things money, visit Benzinga.com slash GSTV.

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