Trump Says Walmart Should ‘Eat the Tariffs’ After Retailer Signals Price Hikes

President Donald Trump said on May 17 that Walmart should absorb added costs rather than passing them on to American consumers after the retailer said it would raise prices in response to U.S. tariff policy. “Walmart should STOP trying to blame Tariffs as the reason for raising prices throughout the chain,” Trump wrote in a social media post on Saturday. “Walmart made BILLIONS OF DOLLARS last year, far more than expected. 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!!!” The rebuke came days after Walmart executives said that recent increases in import duties would begin affecting shelf prices later this month....