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Now, there's no denying it: Tariffs are raising prices | CNN Business

The article from CNN dated May 16, 2025, discusses the impact of new tariffs on Walmart's pricing strategy. The tariffs, imposed by the government on various imported goods, have led Walmart to adjust its prices upwards to offset the increased costs. This move is expected to affect consumers, particularly those on a tight budget, as everyday items become more expensive. Walmart's CEO has stated that while the company is trying to absorb some of the costs, the tariffs make it unavoidable to pass some of the increases onto customers. The article also touches on the broader economic implications, suggesting that these tariffs could contribute to inflationary pressures and potentially influence consumer spending habits.

Read the Full CNN Article at:
[ https://www.cnn.com/2025/05/16/business/tariffs-walmart-prices-nightcap ]