Cuban warned that some companies might exploit the situation:
“Even if it’s made in the USA, they will jack up the price and blame it on tariffs.”
Retail Industry Impact
Retailers like Walmart, which operate on thin margins and rely heavily on imported goods, are often among the first to feel the effects of international trade tensions.
While some companies attempt to absorb the added costs or shift supply chains, many ultimately pass costs on to consumers.
Walmart, the world’s largest retailer, reported stronger-than-expected earnings this quarter but continues to express concern about the long-term impact of evolving trade policies on its business and its customers.