"There's a large divergence in experiences among firms, some of whom are very exposed to import prices and some of whom really aren't," says Laura Veldkamp, a professor of finance and economics at Columbia Business School.
JPMorgan's CEO Jamie Dimon emphasized the need for education to address the skills gap in corporate America during the Business Roundtable CEO Workplace Forum.
The Business Roundtable is MIA Against Trump's Attacks
President Trump attacked Walmart for blaming tariffs for increased prices, insisting they should absorb the costs given their record profits last year.