In what could be a major turning point for the retail juggernaut, Walmart (WMT) is set to expand its support for American-made products. Indeed, the company has embraced a new initiative that will help small businesses in the country, according to a press release.

The move will provide a much-needed avenue of exposure and support for United States-based small companies and their products. Moreover, it will also work as a safeguard to protect the company from the effects of America-first economic policy.

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Walmart Announces Expanded America-Made Product Support in New Initiative

In early April, US President Donald Trump announced a new sweeping tariff plan. The move would levy an import duty of at least 10% on all trading partners. Altogether, it would serve a key dual purpose: to balance trade with other nations and to promote growth from within the country.

The latter is being firmly embraced by one of the biggest brick-and-mortar stores in the entire country. Indeed, Walmart (WMT) has announced it is set to expand its support for American-made products. Specifically, through its new ‘Growth With US’ program.

Does Walmart Take American Express?
Source: CNBC

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The company announced the new project will make it “easier for US-based entrepreneurs to navigate the complexities of retail and bring their products to a national stage.” Moreover, the company’s president, John Furner, noted his expectation that “thousands of small businesses” will take advantage of the plan.

The move continues what has been an America-first approach by Walmart. In 2021, the company announced $350 billion to be spent on U.S. products. Moreover, it worked to generate more than 750,000 jobs across the country. This latest effort will see them continue on with that charge with a new four-step initiative.

  • US Economy
  • walmart