Walmart, Home Depot, Lowe’s, Target at White House

President Donald Trump Monday will meet the afternoon Diamatic CEO Doug mcillonThe White House official told CNBC because his aggressive and unexpected tariff diary threatens the best retail-selling models.

Trump will host officers Target, House warehouse and Lowe’s Another management official to discuss the impact of trade policy in the White House to CNBC.

The White House listed the meeting on the President’s Public Schedule on Monday; The list of general participants was not immediately clear.

The scheduled session was initially reported Bloomberg at the beginning of the day.

Walmart rejected CNBC’s desire, if the target and Lowe did not respond immediately.

One House Depot spokesman refused to confirm any features of the meeting, but the leaders of home improvement “regularly meet with all the government’s levels affecting our work,” he said.

Tariffs for retailers are the most recent threat to the already difficult economic view, which is looking for low prices compared to high inflation.

However, tariffs will take some retailers more than others. As the largest grocery of the nation, Walmart is in good better than many opponents.

Two-thirds of Walmart in America sold in the United States, General Financial Worker John David Rainey, said that this month was in an investor event in the investor in the Dallas earlier.

Walmart imports the last of the world’s fourth, but China and Mexico are the most important supplier.

The target is in the other side, on the other side. Minneapolis-based retailer, cheap, stylish clothes and house belongings, are usually the best as an arbitrary goods, such as products produced abroad.

The target’s annual revenue was approximately stagnant in the last four years and recently predicted the company Only 1% sales increase For the current financial year.

The main trade group of the industry, the National Retail Federation, the alarms of the victims of the damage to the families of us voiced. There are lobbies and groups representing for retailers left their estimates How much consumer would have to pay for daily things like shoes, toasters and mattresses.

“More tariffs are equal to American enterprises and consumers, more concerns and uncertainty,” said David French, Vice President of the NRF Government, presented a “mutual” tariff plan.

“While the leaders in Washington are not able to pay attention to higher prices, workers are doing American families,” he said.

This is a developing news. Please check again for updates.