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Walmart Got an Angry Message From Trump on Tariffs. Then Home Depot and Target Downplayed Them

  • President Donald Trump publicly demanded on May 17, 2025, that Walmart absorb the cost of tariffs instead of raising prices for consumers.
  • This demand followed Walmart’s warning to investors that persistent tariffs on Chinese and other imports are likely to cause price increases.
  • Several retailers, including Walmart, have communicated concerns about thin margins, rising costs, and the challenge of fully absorbing these tariffs without shifting prices.
  • Walmart’s CEO Doug McMillon acknowledged during the recent earnings call that while the company aims to maintain low prices, there is a limit to how much financial strain from tariffs they can absorb.
  • The ongoing tariff dispute suggests continued economic strain for U.S. Retailers and consumers, with experts expecting inflationary pressure and possible wider price hikes.
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  • 52% of the sources are Center
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the deep dive broke the news in on Monday, May 19, 2025.
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