In the wake of Donald Trump's 2024 presidential win, retailers like Walmart, Costco and Target are gearing up for a "massive upheaval" over his campaign pledge to slap tariffs on imports while keeping a close eye on tax cuts and a new regulatory environment, according to a report.
During the campaign, Trump proposed putting 10% to 20% tariffs on the majority of imported goods and 60% to 100% tariffs on goods from China.
