Home Depot to keep prices steady
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3hon MSN
America’s highest-profile retail chains are walking a difficult tightrope — trying to blunt the financial hit from tariffs by raising prices for consumers without angering them or President Donald Trump.
Even as Trump lashes out at Walmart, more than half of U.S. companies polled say they will have to raise prices to cope with tariffs.
Home Depot highlighted its supply chain diversification strategy during its earnings call, estimating "limited" tariff impact on the company.
Major chains are fighting two battles at once: a financial battle to keep costs low in the face of new tariffs, and a political one to avoid the president's wrath.
Trump’s tariffs and the global trade war continue to affect markets. Follow along for live updates on the Dow, S&P 500 and Nasdaq.
Home Depot's first-quarter financial results could show the impact of tariffs, mortgage rates and consumer spending habits.