President Donald Trump’s tariff policies appear to be yielding results.

Walmart’s CEO, John Furner, has announced that the company is ramping up its investments in products and suppliers based in the United States.

Walmart isn’t alone in this shift; several other prominent American corporations are also increasing their focus on domestic manufacturing.

With Trump’s tariffs affecting numerous countries, including hefty duties on imports from China and India, American businesses are increasingly seeking local alternatives.

Speaking at CNBC’s Invest in America Forum, Furner emphasized that Walmart’s commitment to sourcing US-made products aligns with its long-term strategic goals.

‘Investing in US manufacturing and US operations, sure, it’s great for business, but it’s also great for employment. It’s great for jobs. It’s great for the country, and it helps us with our supply chain being flexible and dynamic,’ Furner said. 

Furner claimed that almost two-thirds of Walmart’s inventory are made, grown, or assembled in the US — and the superstore is determined to grow that number. 

A new beef processing facility in Olathe, Kansas, is part of this expansion and will create over 600 jobs for Americans. 

President Donald Trump’s tariffs are paying off — at least for Walmart. The retail giant confirmed that Walmart is stepping up its investments in U.S.-made products and domestic suppliers

Walmart’s US CEO John Furner said Trump’s tariffs are forcing the superstore to source more of their inventory from within the United States 

Walmart’s long term plan to expand upon products being made on US soil will also create jobs for Americans 

‘It’s a big investment, and having quality products that are sourced in a more sustainable way that can deliver to customers is really important,’ Furner said.

Furner said domestic production is being revived in categories across the board — including medicine. The CEO cited a partnership with USAntibiotics aimed at ‘bringing back products like amoxicillin so that they’re made here in the United States’. 

However, not all products can be grown on US soil.   

‘We source from all around the world,’ Furner said. ‘There are things that are grown around the world that tend to do better in other climates, you know, coffee might be an example… I think there are a lot of possibilities.’ 

Retailers across the US are re-evaluating how they source and price inventory amid tariffs. 

Often, US-made products are more expensive than foreign alternatives, and prices will reflect this unless retailers are willing to swallow the extra cost.  

‘We want to try to keep prices as low as we can, as long as we can,’ he said. 

‘We see a resilient customer that makes really smart choices for what’s right for them and their families at the time of shopping.’ 

Walmart is aiming to keep prices as low as possible amidst tariffs, while also turning to US manufacturers for products 

Some items can only be imported, and for those products retailers will have to re-assess prices

Meanwhile, items being brought in from around the word will also be more costly to acquire because of steeper fees, and price tags on shelves will reflect this.  

Grocery stores stocked up on international imports before Trump’s tariffs kicked in, so prices remained steady for some time.

But now that inventory is drying up and retailers are having to pay more on foreign products, meaning that customers will start to see prices ticking up.  

Furner said Walmart is committed to offering customers the best prices possible as the economy transforms.  

‘As policies change, they’ll change. Environments will change. That happens. Commodities change,’ he said. 

‘We’ve landed in a place where we have more rollbacks going into the fall than we had at the beginning of the year, and that’s something we’re proud of.’