Trump is 'moderating' his tone on China tariffs due to pushback: Expert
Alex Capri from NUS Business School talks about what's at stake ahead of the US-China talks in Switzerland this week, and how Presidents Trump & Xi are navigating trade negotiations.
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More Retail Stocks: Halloween retailer sounds warning consumers need to hear Target expands same-day delivery to 100s of retailers Walmart makes surprise cuts as it looks at tariff price hikes "We are planning to take strategic price increases, looking item by item across our assortment as we typically do, and it will be price increases on a small portion of our assortment, and they will be modest in nature," she said. Comparable sales in the quarter rose 1% from a year earlier, missing analysts' forecasts calling for a 3% increase. The result reflects a 2% decrease in the Americas and a 6% increase internationally. "We're definitely not happy where the growth is in the U.S., but relative to the market and our performance versus others, pleased that we're putting on share, pleased with the reaction to the newness and with the mix of newness that's coming," McDonald said. 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