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    Trump Lashes Out at Walmart Over Tariff-Induced Price Hikes

    Walmart Faces Trump's Ire Over Planned Tariff Price Hikes On May 17, 2025, Walmart announced its intention to raise prices on several products due to ongoing tariffs. This decision drew immediate criticism from former President Donald Trump, who took to social media to express his disapproval. Trump's message, which included the phrase "EAT THE TARIFFS," urged Walmart to absorb the tariff costs rather than passing them on to consumers. Walmart's statement indicated that the tariffs on imported goods, particularly from China and Latin America, were too high to avoid price increases. The retailer specified that products like bananas, avocados, coffee, and electronics would be affected. "We are not immune from tariffs," a Walmart spokesperson stated, explaining the necessity of price adjustments to maintain profitability. Trump, however, countered this argument by highlighting Walmart's significant profits in the previous year. The situation underscores the ongoing debate surrounding tariffs and their impact on consumers and businesses. While Walmart cited economic necessity, Trump's response highlights the political sensitivities involved. The incident serves as a reminder of the complex interplay between trade policy and corporate decision-making.

    2 months ago
    US
    United States
    news summary
    tariffs
    Walmart Warns: Tariffs Will Hike Prices, Impacting Consumers
    Walmart Warns: Tariffs Will Hike Prices, Impacting Consumers
    cbseveningnews
    2mo ago
    US
    3k
    Trump Tells Walmart to Absorb Tariff Costs Amid Price Hike Announcement
    Trump Tells Walmart to Absorb Tariff Costs Amid Price Hike Annou…
    tut0ugh
    2mo ago
    GB
    2k
    Walmart CEO: Trump's Tariffs Will Raise Prices
    Walmart CEO: Trump's Tariffs Will Raise Prices
    cnn
    2mo ago
    US
    14k
    Walmart Raises Prices, Blaming Trump's Tariffs: A Warning Sign for the Economy?
    Walmart Raises Prices, Blaming Trump's Tariffs: A Warning Sign for…
    abcnews
    2mo ago
    US
    180k
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