Trump tariffs live updates: China iPhone exports to US plunge to 14-year low amid tariff tensions
Who ultimately pays for tariffs? That question is at the forefront of an emerging battle between the Trump administration and one of America’s biggest retailers in Walmart (WMT).
A bit of catch-up: Last week, Walmart turned heads when the company said as part of its earnings update that the tariffs — even at current reduced levels — would lead to price hikes.