Trump meets American retailers to discuss rates

The president of the United States, Donald Trump, met with the main retailers, including Walmart, Home Depot, Lowe's and Target on Monday to discuss wide -based tariffs that will probably increase the cost of everyday goods that matter.

It is expected that the great US chains, such as Walmart and Target, depend largely on imported goods and tariffs, including 145% levies in China, add tension in Americans already loaded by prolonged inflation.

“We had a productive meeting with President Trump and his team and appreciated the opportunity to share our ideas,” said a Walmart spokesman in a statement, without preparing. The retailer said that his CEO, Doug McMillon, would be present.

This marks the first McMillon meeting with Trump since the introduction of the “release day” of the president. In early April, McMillon said the two had not personally discussed tariffs, although other members of Walmart's leadership had been in regular contact with their administration.

Trump's erratic tariff policies have sent waves through numerous industries and US stock markets for weeks. More recently, he has expressed angry at the comments of the president of the Federal Reserve, Jerome Powell, who said that last week that the economy was at risk of lower growth and greater inflation.

The US markets were sold on Monday, while the 10 -year reference treasure note and the US dollar were also under pressure.

He announced radical tariffs in dozens of countries on April 2, before stopping tasks for a period of 90 days, except those of China, pointing out the second largest economy in the world for the greatest levies.

A Home Depot spokesman characterized the meeting as “informative and constructive.” An objective representative said that his CEO Brian Cornell attended the “productive meeting … to discuss the way to follow in commerce.”

Lowe's did not immediately respond to a request for comments.

According to the company's figures, more than half of the imports of Walmart and Target are from China, while both Home Depot and Lowe also import from that nation.

Analysts are concerned that these retailers see substantial success to their profit margins as a result of tariffs.

Walmart's shares rose less than 2% in 2025, while the others have published two digit losses. Target has been harder, 32% so far this year.

Bloomberg first reported on the details of the meeting on Monday.