Walmart responds to Trump comment that retailer should ‘eat the tariffs’

https://thehill.com/business/5307935-walmart-donald-trump-tariff-response/?fbclid=IwZXh0bgNhZW0CMTEAAR729FD81jB-pjHIIyOvfyPsdeHJoGpAx65gsMJVv30LvWRVJiqiC7mLfbsRHQ_aem_oSv3SBCBxdD-vVAWiUDDQw

by kootles10

7 comments

  1. From the article:

    Shortly after Walmart announced prices would increase on multiple items sold by the chain, President Trump blasted the company on social media, accusing it of blaming his tariff agenda.

    “Walmart should STOP trying to blame Tariffs as the reason for raising prices throughout the chain,” Trump wrote in a Truth Social post on Saturday. “Between Walmart and China they should, as is said, ‘EAT THE TARIFFS,’ and not charge valued customers ANYTHING. I’ll be watching, and so will your customers!!!”

    Trump’s post came after Walmart announced in its first-quarter earnings that prices for anything from bananas to car seats would increase partly due to the president’s tariffs.

    The retail giant responded to Trump’s comments in a statement to NBC News and CBS News.

    “We have always worked to keep our prices as low as possible and we won’t stop,” the company said. “We’ll keep prices as low as we can for as long as we can given the reality of small retail margins.”

  3. Trump and Walmart… They kind of deserve each other. How many Walmart employees are on government assistance while the company itself makes $13b a year from SNAP (People buying with food stamps).

  4. Walmart literally did NOT respond. What a complete shit article.

  6. Even if Trump 100% lifted the tariffs, I wouldn’t be surprised if Walmart doesn’t follow suit and lower their prices.

  7. Oh no, it would be a real shame if Walmart and Amazon struggled financially  :(. /S

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