Trump Criticizes Walmart Over Tariff-Driven Price Hikes

President Donald Trump criticized Walmart for attributing upcoming price increases to tariffs imposed during his administration, urging the retailer to absorb the additional costs instead of passing them on to customers. Trump emphasized that Walmart made billions in profits last year and insisted that between Walmart and China, they should 'eat the tariffs' without raising prices. Walmart acknowledged the impact of tariffs, especially on goods from China, stating they would keep prices as low as possible but could not absorb all the costs. Economic analyses remain skeptical of Trump's claim that foreign producers or retailers would bear the tariff expenses, warning that the penalties are likely to worsen inflation, which has already affected consumer sentiment negatively. The situation highlights the broader challenges American companies face balancing tariff costs, consumer prices, and political pressures. Walmart's stance reflects a difficult retail environment with thin margins and rising operational costs amid ongoing trade tensions.