May 19, 2025
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5:38Now PlayingPresident Trump is pressuring one of the nation’s biggest retailers as concerns grow that his steep tariffs could soon drive up prices for American consumers. John Iadarola and Jayar Jackson break it down on The Damage Report. Leave a comment with your thoughts below!
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"It's "eat the tariffs" vs. "everyday low prices."
President Donald Trump has put the spotlight on one of the largest U.S. retailers over whether prices are about to start ticking up because of the sizable tariffs that he has unilaterally enacted.
Walmart has indicated that consumers will soon start seeing higher costs as Trump's tariffs have begun to take effect. And retailers broadly have tried to warn consumers about impending price hikes.
But the president has sought to aggressively counter those warnings, instead putting the blame for cost increases on U.S. companies and China, which still faces tariffs totaling more than 40% across the board on its exports to the United States. Trump has said he'll call CEOs over the issue — something he has already done with Amazon founder Jeff Bezos."
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250519__DR04Walmart
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