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Bloomberg Quint

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Image Credit: Bloomberg Quint

Trump Says Walmart Shouldn’t Blame Tariffs for Higher Prices

  • President Donald Trump criticized Walmart for blaming tariffs for raising prices, insisting they should absorb the tariffs instead.
  • Walmart announced solid sales growth but cautioned about raising prices due to tariffs and economic instability.
  • The company stated it would try to keep prices low but acknowledged the need for price hikes due to tariffs and market conditions.
  • Trump also criticized the Fed for not cutting rates sooner and highlighted the challenges posed by the ongoing trade war on businesses.

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