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Trump tells Walmart to ‘eat the tariffs’ after retailer warned it will raise prices

  • President Donald Trump told Walmart on May 17, 2025, to absorb the costs caused by his tariffs after Walmart warned it would raise prices in the U.S.
  • The price increases follow tariffs imposed by Trump on imports from China, Mexico, and Canada, aimed at protecting U.S. manufacturing despite economic uncertainty and tensions with trading partners.
  • Walmart CFO John David Rainey said prices for items like $350 car seats from China could rise 29%, with bananas increasing from 50 to 54 cents per pound due to the tariffs.
  • Economic analyses warn that tariffs will worsen inflation and increase costs, while Walmart's CEO said narrow margins limit absorbing these tariffs despite efforts to keep prices low.
  • The dispute highlights challenges for U.S. companies managing tariff costs amid inflation concerns, with Trump promising trade deals and economic resilience despite setbacks.
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369 Articles

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Left
61
Center
145
Right
49
Lean Left

Donald Trump likes to entertain his fans with posts. Now he shares an AI video of himself as a rock star online. Scorn and criticism follow immediately.

Lean Left

US President Donald Trump said on Saturday that Walmart, the biggest salesman in the United States and at the world level, should "eat" the customs duties imposed by his administration instead of...

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Center

On his account Truth Social, Donald Trump (again) shared a video generated by IA. This time the president is not portrayed as a pope, but as a rock star. ...

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Center

US President Donald Trump has shared a bizarre video on his social media channel Truth Social. In it, he can be seen as a rock star in a packed, cheering stadium. Follow all the developments in America in our live blog.

·Amersfoort, Netherlands
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Forbes broke the news in United States on Saturday, May 17, 2025.
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