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Fortune
Fortune
Phil Wahba

Walmart CEO says 'there will be a Christmas' despite lingering fears of a trade war

(Credit: Ethan Miller/Getty Images)

Despite the midday decision on Wednesday by President Donald Trump to pause most of his controversial tariff hikes, the risk to retailers remains very present that duties may be once again imposed in a few months. That only draws out uncertainty around how those companies operate, even as they begin to plan buying for the holiday season.

But Walmart CEO Doug McMillon told investors that the world's largest retailer has navigated many periods of uncertainty before, including the tariff hikes of 2018 and the post-pandemic inflation surge. And he assured them the company had a strategy moving forward.

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