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Fortune
Fortune
Christiaan Hetzner

Walmart just leveled with Americans: China won’t be paying for Trump’s tariffs, in all likelihood you will

Donald Trump speaks during an election night event at the West Palm Beach Convention Center in West Palm Beach (Credit: Jim Watson—AFP/Getty Images)

Voters who returned Donald Trump to the Oval Office in hopes that living costs would return to the halcyon days before the pandemic may be in for a shock. 

Arkansas-based Walmart, the world’s largest retailer that traditionally has catered to working- and middle-class Americans, warned the President-elect’s plans to hike import duties across the board will be felt by everyday consumers.

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