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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsAP: Trump warns Walmart: Don't raise prices due to my tariffs but do eat the costs from those taxes
By JOSH BOAK
Updated 2:39 PM EDT, May 17, 2025
WASHINGTON (AP) President Donald Trump on Saturday ripped into Walmart, saying on social media that the retail giant should eat the additional costs created by his tariffs.
As Trump has jacked up import taxes, he has tried to assure a skeptical public that foreign producers would pay for those taxes and that retailers and automakers would absorb the additional expenses. Most economic analyses are deeply skeptical of those claims and have warned that the trade penalties would worsen inflation. Walmart warned on Thursday that everything from bananas to childrens car seats could increase in price.
Trump, in his Truth Social post, lashed out at the retailer, which employs 1.6 million people in the United States. He said the company, based in Bentonville, Arkansas, should sacrifice its profits for the sake of his economic agenda that he says will eventually lead to more domestic jobs in manufacturing.
Walmart should STOP trying to blame Tariffs as the reason for raising prices throughout the chain, Trump posted. 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. Ill be watching, and so will your customers!!!
The posting by the Republican president reflected the increasingly awkward series of choices that many major American companies face as a result of his tariffs, from deteriorating sales to the possibility of incurring Trumps wrath. Trump has similarly warned domestic automakers to not raise their prices, even though outside analyses say his tariffs would raise production costs.
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Silent Type
(9,404 posts)vapor2
(2,349 posts)jmowreader
(52,272 posts)BENTONVILLE, AR (Spurious News Network) The Walmart Home Office has released a statement in response to King Donald Trumps edict that the retail giant eat Trumps tariffs rather than passing them on to consumers:
President Trump, theres a problem in your demand. Walmart simply cant eat your tariffs and survive. We are comfortable with a 24.9 percent profit margin and work hard to keep it about that. This allows us to operate our stores, keep prices low for the benefit of our customers, and provide a reasonable return to our investors. Your tariffs are higher than that - in some cases, radically higher. If we dont pass your tariffs on to our customers, well be out of business before the end of the year. This would be more of a problem for the people we serve than higher prices would be. We must respectfully decline to do as you demand.
BOSSHOG
(42,382 posts)Interpreting trump. Dont dare blame me for bad things that happen because I do stuff. Millions of stupid people voted for me. Walmart was very successful last year. Now they should do the right thing. Save me from myself. The leader of the party of responsibility.
stumpysbear
(235 posts)Cha
(310,723 posts)Fry in Hell.
Will Walmart "obey" their cult god damn god?
Rebl2
(16,323 posts)You just got back from a long trip. Why dont you take a nap and stay off social media today
GoCubsGo
(33,821 posts)I wonder if The Imbecile realizes he just admitted that it's really the importers, who then pass it off to their consumers.