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

No.1406766 View ViewReplyOriginalReport
https://www.reuters.com/world/us/trump-tells-walmart-eat-tariffs-instead-raising-prices-2025-05-17/

WASHINGTON, May 17 (Reuters) - U.S. President Donald Trump said on Saturday that Walmart <WMT.N> should "eat the tariffs" instead of blaming duties imposed by his administration on imported goods for the retailer's increased prices.
His comments were in response to the world's largest retailer saying this week it would have to start raising prices later this month due to high tariffs.

"Walmart should STOP trying to blame Tariffs as the reason for raising prices throughout the chain. Walmart made BILLIONS OF DOLLARS last year, far more than expected," Trump said in a social media post.
"Between Walmart and China they should, as is said, 'EAT THE TARIFFS,' and not charge valued customers ANYTHING."
A representative of Walmart could not be immediately reached for comment.