Walmart vs Target: Tariffs Highlight Growing Divide in Fortunes

President Donald Trump's tariffs are widening the gap between market-leader Walmart and Target, the companies' latest quarterly reports show, underscoring missteps at the smaller U.S. retailer amid economic uncertainty.

Walmart, considered a proxy for U.S. consumer health, said last week that it would have to raise prices to deal with tariffs even as it maintained its full-year forecast. Trump castigated the company, saying it should "eat the tariffs."

Target, by contrast, slashed its annual outlook to account for "the expected impact of tariffs and heightened uncertainty...

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