The meeting aimed to address the potential challenges posed by the tariffs, particularly for large retailers like Walmart, which is in a better position to withstand the impacts compared to many of its competitors. Retailers have expressed concerns that the tariffs could lead to increased costs for imported goods, which might ultimately be passed on to consumers in the form of higher prices.

During the discussion, executives emphasized the importance of maintaining affordable pricing for their customers while navigating the complexities of the new trade policies. The dialogue also touched on the potential impacts on supply chains, inventory management, and the overall retail landscape as companies prepare for the changes ahead.

By engaging directly with retail leaders, the Trump administration aims to gain insights into how these tariffs will affect the economy and consumer behavior, ensuring that the voices of those most impacted are heard in the decision-making process. The outcome of these discussions could shape future trade policies and provide guidance on mitigating the risks associated with the tariffs.