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Trio Of Top US CEOs Warn Trump Tariffs Will Empty Store Shelves: Report

10 22
24.04.2025

US President Donald Trump

Executives from three of America’s biggest retail chains warned US President Donald Trump that things could get ugly if his aggressive economic agenda proceeds as planned, according to a new report from Axios.

During a private meeting in the Oval Office on Monday, the CEOs of Walmart, Target and Home Depot reportedly told the president that supply chains could freeze and prompt stores’ shelves to go barren if he doesn’t rein in his sharp tariff plans, and meddles with the Federal Reserve.

“The big box CEOs flat out told him the prices aren’t going up, they’re steady right now, but they will go up,” an administration official familiar with the meeting........

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