By coinnews 
00:00 Speaker A
President Donald Trump has taken aim at some companies in recent weeks over possible tariff price hikes. Quote, “I’ll be watching,” the president told Walmart after CEO Doug McMillon said on the company’s first quarter earnings call that even at the reduced levels, the higher tariffs will result in higher prices. Despite being known for their everyday low prices, Walmart is expecting the hikes to begin rolling out later this month. President Trump’s tariffs equally impacting the automakers. Ford pulling its full-year guidance as they expect tariffs could have significant impact on the company bottom line. The auto giant also raising prices on three of its Mexico-produced models. The Mustang Mach-E electric SUV, Maverick pickup, and the Bronco Sport will increase by as much as $2,000. It’s not just retailers and autos seeing the impact here. Big tech feeling the pain as well. Microsoft raising the price on its Xbox consoles, games, and accessories worldwide. Customers now paying as much as $79.99 for some new Xbox games, up from $69.99, while the Xbox Series X console will jump $100. One recent success for the White House coming when Home Depot publicly pledged not to raise prices. The company executive, Billy Bastek, said on an earnings call with analysts this Tuesday that, “We don’t see broad-based price increases for our customers at all going forward. We’re going to continue to track these developments for you as they come out right here on Yahoo Finance.”