Walmart is using a $2.9 billion (£2.15 billion) tariff refund to support lower prices, with more than 11,000 products now on rollback across the United States, as rising petrol costs and slower consumer spending put fresh pressure on household budgets.
The retailer's expanding price rollbacks come after its latest quarterly sales growth fell short of Wall Street expectations, sharpening concern over whether American shoppers are finally starting to pull back.
