Walmart says it will raise prices due to tariff costs after posting solid first quarter sales

The profit of the first quarter of Wall Mart declined and said it should raise prices due to the high costs of the definitions implemented by President Donald Trump. The country’s largest retailer recorded strong quarterly sales on Thursday and said it expects sales growth by 3.5 % to 4.5 % in the second quarter. … Read more

Tim Cook says Trump tariffs could cost Apple more than $900M in June quarter

((Hill– Tim Cook, CEO of Apple, said that President Donald Trump’s tariff can wear the company’s profits in the second quarter during Thursday Profit call. “For June quarter, we cannot accurately appreciate the impact of definitions, because we are not sure of possible future procedures before the end of the quarter,” Cook told the attendees. … Read more