China Tariffs Could Spoil Christmas Shopping For Low-income Americans And Walmart - News Summed Up

China Tariffs Could Spoil Christmas Shopping For Low-income Americans And Walmart


China tariffs will make shopping in the upcoming Christmas season more expensive. And China tariffs will also hurt retailers catering to these consumers -- like Walmart. It’s also bad news for retailers like Walmart who cater to this market segment.Low income Americans spend 20-22% more on Walmart (WMT) than it spends with other retailers, according to InfoScout. And there are a couple of factors that may counter the impact of tariffs on low income Americans. But there are a couple factors that have been pressuring low income Americans, too.


Source: Forbes October 20, 2018 17:15 UTC



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