Trump tells Walmart to 'eat the tariffs' instead of raising prices

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Updated Sat, May 17, 2025, 12:08 PM

STORY: U.S. President Donald Trump connected Saturday said Walmart should "eat the tariffs" imposed by his medication connected imported goods alternatively of hiking prices for its consumers.

His comments were successful effect to the world's largest retailer saying this week it would person to commencement raising prices aboriginal this period owed to precocious tariffs.

Trump successful a societal media station Saturday said, "Walmart should STOP trying to blasted Tariffs arsenic the crushed for raising prices passim the chain. Walmart made BILLIONS OF DOLLARS past year, acold much than expected."

He added that the retailer should "'not complaint valued customers ANYTHING."

Walmart successful a connection to Reuters said it would "keep prices arsenic debased arsenic we tin for arsenic agelong arsenic we tin fixed the world of tiny retail margins."

Walmart CEO Doug McMillon connected Thursday said the retailer could not sorb each the tariff costs due to the fact that of constrictive retail margins. Even so, helium said the institution was committed to ensuring that tariff-related costs connected wide merchandise, which chiefly comes from China, would not thrust nutrient prices higher.

Many U.S. companies person either slashed oregon pulled their full-year expectations amid friction betwixt the U.S. and its trading partners, peculiarly China, arsenic consumers propulsion backmost connected spending.

As a bellwether of U.S. user health, Walmart's explicit connection astir the interaction of tariffs is simply a signpost for however the commercialized warfare is affecting the retail sector. Walmart is noted for its quality to negociate costs much aggressively than different companies to support prices low.