US Edition
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.
369 Articles
369 Articles
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See it: Trump posts bizarre video of himself playing Journey's 'Don't Stop Believing'
Donald Trump posted a bizarre video of himself playing Journey’s “Don’t Stop Believing” on a stage before devoted fans.The clip, which was produced by artificial intelligence, shows the president sitting on a stage in front of a piano festooned with an American flag.In front of the stage is an adori...
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