Walmart has announced plans to lay off 1,500 corporate employees, part of what it calls a restructuring as it weighs plans to raise prices amid Trump administration tariffs.

The big box retailer recently said it would try its best to ‘keep prices as low as we can’ amid Trump’s tariff shakeup

Walmart will cut nearly 1,500 jobs as part of a restructure designed to shave expenses and enable faster decision making, the Wall Street Journal first reported Wednesday and Axios confirmed. The big picture: The job cuts come as the world's largest retailer said last week that it plans to raise prices on some items due to the impact of President Trump's tariffs.

By June, shoppers at the budget-friendly retailer may start to see higher prices on the shelves for these goods.

Nike is set to raise prices on some trainers and clothing in the US from early June, weeks after rival Adidas warned it would have to hike the cost of products due to tariffs. The sportswear giant did not name US tariffs explicitly as a reason for the increase,

May 22, 2025 Francisco Hernandez-Corona and his husband left for Puerto Vallarta, where they say, they finally feel safe and wanted

The states — including Connecticut, Maine, and Vermont — are challenging tariffs that President Trump imposed last month on most of the countries in the world in an effort to reverse America’s massive and longstanding trade deficits.

NEW YORK (Reuters) -Twelve U.S. states will ask a federal court on Wednesday to halt President Donald Trump's "Liberation Day" tariffs, arguing that he overstepped his authority by declaring a national emergency to impose across-the-board taxes on imports from nations that sell more to the U.

Trump’s proposed tariffs on imported pharmaceuticals aim to boost U.S. manufacturing but may cause drug shortages and higher costs, raising concerns of a healthcare crisis