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Eugene

(65,027 posts)
Mon May 19, 2025, 11:58 PM 11 hrs ago

Trump warns America's businesses: Eat my tariffs, or pay the price

Source: CNN

Trump warns America’s businesses: Eat my tariffs, or pay the price

Analysis by David Goldman, CNN
4 minute read
Published 4:00 AM EDT, Mon May 19, 2025

(CNN) — President Donald Trump is sending a stern warning to Corporate America: He will use his bully pulpit to publicly shame companies that dare to raise prices because of tariffs.

After Walmart last week said it would have to jack up some prices because of high costs of the global trade war, Trump on Saturday responded forcefully in a Truth Social post, demanding Walmart reverse its decision.

“Walmart should STOP trying to blame Tariffs as the reason for raising prices throughout the chain,” Trump said. “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!!!”

The rebuke was the White House’s third such public reprimand of a big American business that discussed the possibility of raising prices because of the steep cost of tariffs.

-snip-

Read more: https://edition.cnn.com/2025/05/19/business/trump-tariffs-price-consumers

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

RainCaster

(12,860 posts)
1. Let the entire country raise their prices
Tue May 20, 2025, 12:05 AM
11 hrs ago

The Mango Mussolini is a fool who needs to be exposed as such every single day of his miserable life.

tanyev

(46,410 posts)
2. Remember when American presidents used to support American businesses?
Tue May 20, 2025, 12:08 AM
11 hrs ago

Seems like it was just a few months ago. *sigh*


Big Blue Marble

(5,605 posts)
3. The obligation of corporate management
Tue May 20, 2025, 12:28 AM
11 hrs ago

is to the stockholders not to Trump. If they do not raise their prices, will they not be sued
by the stockholders?

Bernardo de La Paz

(55,760 posts)
7. Given a choice of raising prices while enduring blasts of hot air or going bankrupt, the choice is clear. nt
Tue May 20, 2025, 01:26 AM
10 hrs ago

Hassler

(4,329 posts)
4. Komrade Krasnov said tariffs would pay for everything
Tue May 20, 2025, 12:55 AM
10 hrs ago

Maybe Jake Tapper should look into this bizarre behavior

Shipwack

(2,669 posts)
5. I'm mildly curious... Is he serious...
Tue May 20, 2025, 01:08 AM
10 hrs ago

Or is he just putting on a show for his base to show them that he is tough and willing to stand up for them?

Bernardo de La Paz

(55,760 posts)
6. He's seriously stupid. He thinks he can jawbone economics into submission. He's weak. He's all talk
Tue May 20, 2025, 01:22 AM
10 hrs ago

Yeah, he can make a big show and bully big companies, but he can't bully them all, and the bigger they are, the easier for them to ignore him.

So he talks tough against Walmart. Where's his base gonna go? Target? They are raising prices too.

Even 85% of the maga on the FReak site are wise to the truth that China does not pay the tariffs. They know price controls are not a realistic option; they point out that price controls means reduced supply.

tRump is overplaying his hand and he is too stupid to realize how bad his cards are now that he himself dealt.

mwmisses4289

(1,078 posts)
9. He's putting on a show.
Tue May 20, 2025, 02:02 AM
9 hrs ago

He thinks being president is a reality show- he films four days a week, then goes on to his second reality show, his golfing weekends.
He doesn't look tough- he looks like a spoiled sulky toddler.

Karasu

(1,139 posts)
10. It's cute that he genuinely thinks he has more power than corporations. In THIS fucking country, no less.
Tue May 20, 2025, 02:13 AM
9 hrs ago

Martin Eden

(14,325 posts)
12. Trump is contradicting Trump
Tue May 20, 2025, 07:44 AM
4 hrs ago

According to Trump, the foreign countries pay the tariffs. So why is Trump saying Walmart has to "eat" the tariffs?

bucolic_frolic

(50,337 posts)
13. I don't know what it is but it ain't free enterprise. Stocks will be roiled as earnings plunge.
Tue May 20, 2025, 10:01 AM
1 hr ago

If people spend less and tariffs eat into profits, there is a big PLUNGE ahead.

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