Walmart Is Raising Its Prices Due to Trump's China Tariffs

If you are a Wal-Mart shopper, we prepared to get huge tax hikes on many products imported from China. Many products Walmart sells are imported from China. President Trump plans on putting these tariffs into effect on a short notice stating this and other tariffs are "ready to go on short notice".

The Trump administration formally announced it was imposing a 10 percent tariff $200 billion worth of Chinese goods Monday. The duties will affect more than 5,000 products. China responded by announced retaliatory tariffs on $60 billion worth of U.S. imports.

Here is a statement from a Wal Mart rep:
"Should the tariffs go into effect, Walmart customers will face cost increases for essential items like car seats, cribs, backpacks, hats, pet products and bicycles," wrote Sarah Thorn, Walmart's director of global government affairs. "For lower-income families, a 25% tax on these items would be a serious burden on household finances."

Here is a list of products that will see the tax increase:
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,
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
toaster ovens
modems
routers,
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
Christmas Decorations