Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

spanone

(139,044 posts)
Sat May 17, 2025, 01:00 PM Yesterday

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

Headline should read, trmp threatens Walmart....“I’ll be watching, and so will your customers!!!”


President Donald Trump blasted Walmart on Saturday after the country’s largest retailer warned this week that it will have to raise prices because of tariffs.

“Walmart should STOP trying to blame Tariffs as the reason for raising prices throughout the chain,” Trump wrote on Truth Social. “Between Walmart and China they should, as is said, “EAT THE TARIFFS,” and not charge valued customers ANYTHING. “I’ll be watching, and so will your customers!!!”

Walmart CFO John David Rainey said in an interview with CNBC on Thursday that, “We have not seen price increases at this magnitude, in the speed in which they’re coming at us before, and so it makes for a challenging environment.”

As a retail giant and the largest grocer in the country, Walmart is often seen as a bellwether for the health of retailers and U.S. consumers.

https://www.cnbc.com/2025/05/17/trump-tells-walmart-to-eat-the-tariffs.html

16 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies

BoRaGard

(5,413 posts)
2. Essential to Eat It, so G.O.P. has tax loot for Gourmet Luxury Golffe
Sat May 17, 2025, 01:03 PM
Yesterday

and tax cuts for rich republicons

Docreed2003

(18,175 posts)
4. But ,but...
Sat May 17, 2025, 01:08 PM
Yesterday

I distinctly remember being told multiple time by Trump that the other countries would be paying

GoodRaisin

(10,178 posts)
7. Krasnov posturing to blame someone else when he doesn't keep his campaign
Sat May 17, 2025, 01:11 PM
Yesterday

promise to lower prices. Democrats need to keep this broken promise in the headlines every day from now until the midterms.

C_U_L8R

(47,299 posts)
8. As a businessperson, Trump is totally clueless
Sat May 17, 2025, 01:18 PM
Yesterday

In his ponzi'd ventures, he's never been truly accountable to shareholders or customers. Walmart should say 'eat this'.

rsdsharp

(10,794 posts)
14. He's advocating for the Trump business model.
Sat May 17, 2025, 02:21 PM
Yesterday

“Lose money, and declare bankruptcy”

Which is what would inevitably happen if a company with a net profit margin of less than 3% eats a (minimum) price increase of 30%.

dem4decades

(12,773 posts)
11. Can't wait till Trump supporters stop shopping at Walmart.
Sat May 17, 2025, 01:22 PM
Yesterday

In many red areas they're the only game in town.

Ocelot II

(124,741 posts)
12. And Walmart can and should tell him to eat something else.
Sat May 17, 2025, 01:43 PM
Yesterday

So Walmart and every other retailer of imported products is now supposed to absorb the tariffs and sell their inventory at a loss, which is what they'd have to do? I'm certainly not a fan of Walmart, but they're just as entitled to make a profit as any other business, and they aren't obligated to sacrifice their income (and violate their duty to their shareholders) so Trump can save face for imposing stupid, inflationary tariffs.

spanone

(139,044 posts)
16. This will not sit well with corporate America.
Sat May 17, 2025, 04:17 PM
Yesterday

I doubt they expected to absorb his tariff fantasies.

Latest Discussions»General Discussion»Trump tells Walmart to 'e...