Treasury's Mnuchin says he spoke with Walmart exec over tariffs and potential price increases

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Earlier today, Treasury Sec. Mnuchin said he spoke with a top executive at Walmart about the impact tariffs could have on consumer goods. Mnuchin said he's unaware of price increases so far.

 

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Baby formula from China? I kid you not, Chinese tourists used to come to Taiwan before the DPP won the presidency to buy cases of formula that’s usually made in Europe or NewZealand because they don’t trust their own companies in China. LOL!

CPI data forthe Chinese basket is on public record - stark, but All Items still disinflationary on balance.

Of course he is unaware..Mnuchin doesn't shop at Wal-Mart.

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