Trump Urges Walmart to Absorb Tariffs Rather than Increase Prices

Reported about 11 hours ago

U.S. President Donald Trump criticized Walmart for blaming tariff-related costs for raising prices, suggesting the retail giant should 'eat the tariffs' instead. His remarks followed Walmart's announcement of potential price hikes due to increased import duties. Trump argued that given Walmart's strong profits, they should not pass these costs onto customers, while Walmart stated its commitment to keeping prices low despite tight margins and tariff impacts.

Source: YAHOO

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