U.S. President Donald Trump has met with the nation’s largest retailers to discuss how tariffs could impact their production-heavy.
He met with the CEOs of Walmart, Target, Home Depot and Lowe's at the White House, as reported by Bloomberg.
After the meeting wrapped up, the companies each issued statements sharing the same sentiments.
“We had a productive meeting with President Trump and his team and appreciated the opportunity to share our insights,” a Walmart spokesperson said.
“We had a productive meeting with President Trump and our retail peers to discuss the path forward on trade, and we remain committed to delivering value for American consumers,” read the statement from Target.
“We had an informative and constructive meeting with the President and look forward to continuing the dialogue,” Home Depot’s statement said.
According to a White House statement provided to CNBC, the meeting “went very well”.
The meeting took place due to uncertainty over the Trump administration's tariffs, which have sent the market tumbling.
Walmart chief financial officer, John David Rainey told investors earlier this month that two-thirds of the company’s products are U.S. made and vowed to keep prices low amid tariffs.
