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Trump to Walmart: 'eat the tariffs,' don't pass them on to customers
Posted
May 18, 2025
Views
1,230,059
Likes
11,242
Comments
10,192
Engagement
1.74%
May 18, 2025
1,230,059
11,242
10,192
1.74%
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10:54Now PlayingPresident Donald Trump on Saturday said Walmart needs to stop “trying to blame tariffs” after the retail giant announced its products would become more expensive.
Walmart’s CEO said the price increases were a result of Trump’s tariffs being “too high,” particularly when it came to Chinese goods.
“We will do our best to keep our prices as low as possible. But given the magnitude of the tariffs, even at the reduced levels announced this week, we aren’t able to absorb all the pressure given the reality of narrow retail margins,” Walmart CEO Douglas McMillon said Thursday in an earnings call.
Trump responded on Saturday, posting to Truth Social that “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!” #CNN #News
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