Walmart Responds After Trump Tells Retailer To ‘Eat The Tariffs’; Check Here

Over the weekend, Trump took to Truth Social to accuse Walmart of unfairly blaming his tariff policies for potential price hikes

Last month, Trump unveiled a sweeping tariff plan that includes a 10 per cent baseline tariff on most imports and steep "reciprocal" tariffs aimed at major trade partners

Source : Chain Store Age

Walmart has responded to criticism from the US President Donald Trump, who publicly demanded the retail giant absorb the costs of new tariffs instead of passing them on to consumers.

In a statement reported by The Independent, a Walmart spokesperson said, “We have always worked to keep our prices as low as possible, and we won’t stop. “We’ll keep prices as low as we can for as long as we can given the reality of small retail margins.”

Trump Targets Walmart Over Tariffs

Over the weekend, Trump took to Truth Social to accuse Walmart of unfairly blaming his tariff policies for potential price hikes.

“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. Between Walmart and China they should, as is said, ‘EAT THE TARIFFS,’ and not charge valued customers ANYTHING,” Trump wrote in his post.

New Tariff Policy Fuels Economic Concerns

Last month, Trump unveiled a sweeping tariff plan that includes a 10 per cent baseline tariff on most imports and steep "reciprocal" tariffs aimed at major trade partners such as China, India, Japan, and South Korea. Billed as a push to revive US manufacturing and level global trade imbalances, the move has drawn mixed reactions.

Financial markets have responded with volatility, amid concerns over rising inflation, increased consumer costs, and the risk of an economic slowdown. In a partial reversal, Trump later reduced China’s tariff from 145 per cent to 30 per cent and postponed broader tariff enforcement for 90 days to allow room for further negotiations.

Retailers Under Pressure

As the largest US retailer, Walmart has become a focal point in the tariff debate. While the company reaffirmed its commitment to keeping prices low, it warned that sustained tariffs could eventually lead to unavoidable price increases for consumers.