Walmart announced recently that it anticipates raising prices substantially in a move it claims is necessitated by the associated cost of President Donald Trump’s trade policies.
Even though tariffs have come down substantially since Trump’s “Liberation Day” announcement last month, the retail giant is telling its millions of customers nationwide to brace for sticker shock in the near future.
But the president doesn’t think it’s necessary to pass along the costs to customers, and he made that clear in a recent social media post.
According to The Hill:
“Walmart should STOP trying to blame Tariffs as the reason for raising prices throughout the chain,” the president wrote on Truth Social. “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,” he added. “I’ll be watching, and so will your customers!!!”
On Thursday, the retail giant announced plans to increase prices as early as next month in an effort to pass along costs associated with Trump’s sweeping tariff agenda.
“We have always worked to keep our prices as…
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