Reported about 14 hours ago
In a recent statement on social media, President Trump criticized Walmart for blaming tariffs for its price increases, suggesting that the retail giant should 'eat the tariffs' given its significant profits. Walmart's CEO Doug McMillon acknowledges the challenges posed by tariffs on narrow retail margins and emphasizes their commitment to keeping prices low. This exchange highlights the ongoing tensions between large retailers and political figures in the context of current trade policies.
Source: YAHOO