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Trump Says Walmart Shouldn’t Blame Tariffs for Higher Prices (1)

May 17, 2025, 4:19 PM UTC
Skylar Woodhouse
Skylar Woodhouse

President Donald Trump said Walmart Inc. should stop trying to blame tariffs as the reason for raising its prices, as the company warned it would this week.

“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 post on Truth Social 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!!!”

WATCH: Scot Ciccarelli, Truist Equity Research managing director, says some retailers will have to eat the cost of higher tariffs and try to keep prices low. Source: Bloomberg

Walmart this week announced another quarter of ...

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