President Donald Trump listens to reporters' questions when he meets the Italian premiere of Giorgia Melons in an oval office in the White House on April 17, 2025 in Washington.
Win McNamee Getty images
President Donald Trump He will meet on Monday afternoon with managers from the largest retail retail in the country, because his aggressive and unpredictable tariffs threaten their imported business models.
Trump has from the best officers from WalmartIN ObjectiveIN Home Depot AND Lowe's In the White House, to discuss the impact of his commercial policy, an administrative clerk said CNBC.
The White House did not mention the meeting in the president's public schedule on Monday and it was not immediately clear which management from each company would participate.
The planned meeting was first reported by Bloomberg Earlier Monday.
Walmart rejected the CNBC request for comment, while Target, Home Depot and Lowe's did not answer immediately.
In the case of retail sellers, tariffs are the latest threat to the already difficult economic landscape in which consumers are looking for low prices after years of high inflation.
However, the tariffs will be more retail than others. As the largest grocery store in the country, Walmart is in a better position than many of its competitors.
About two -thirds of what Walmart sells in the United States, cultivated or gathered in America, said financial director John David Rainy at the beginning of this month at the investor event in Dallas.
He said that Walmart imports the last third of around the world, but China and Mexico are the “most significant” supplier's countries.
On the other hand, the goal is in a more difficult place. Detalia from Minneapolis is best known for discretionary goods, such as inexpensive, elegant clothes and home articles, products usually produced abroad.
The annual revenues of Target have been more or less stagnant for four years, and the company recently anticipated only 1% increase in sales for the current financial year.
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