Sticker shock coming to Walmart? Walmart has issued a stern warning to it's customers. Get ready for possible huge price increases. CBS news is reporting that Walmart my be forced to raise prices on most of the items they sell. The reason for the price increase? Tariff's.

Sarah F. Thorn, who is the senior director for global government affairs at Walmart says that the Trump administration's newest round of tariffs on imported Chinese goods could force the nations #1 retailer to raise prices. The price increases could affect a wide array of items from food, to bicycles, to shampoo.

Here is a partial list of products that will cost more according to a letter submitted by Thorn to the U.S Trade commission

  • Mandarin oranges in cans
  • Rawhide for pets
  • Hair care
  • Other bath prep
  • Dog leashes, dog collars
  • Cat leashes, pet costumes
  • Hard luggage
  • Luggage, tote bags, duffle bags, handbags
  • Travel bags, handbags
  • Handbags
  • Backpacks
  • Rolled wrapping paper
  • Gas grills
  • Make up mirrors
  • Vacuum cleaners
  • Toothbrush replacement heads
  • Electric razors
  • Air conditioners
  • HDMI cables, video cables, extension cords, auxiliary cords
  • Oil less fryers and toaster ovens
  • Connected home: modem, router, e-readers, thermostats, wireless headphones,
  • smart watches, fitness trackers
  • Bicycles
  • Futons
  • Toddler seats
  • Child High Chairs
  • Patio furniture
  • Infant and Child Car Seats
  • Wooden Furniture
  • Infant and child pack and play, patio furniture
  • Mattresses
  • Christmas Lights

According to CBS News:

That means companies like Walmart will start paying a tax on goods they import from China, raising their costs and potentially cutting profit unless they pass the cost increases to their millions of shoppers.

 

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