Trump: Walmart should not blame price increases on tariffs.
President Donald Trump said Walmart should stop blaming tariffs for price increases. "Walmart should stop blaming tariffs for price increases. Walmart made billions more last year than anticipated," Trump wrote on the Truth Social platform on Saturday. "As someone said, Walmart should 'absorb these tariffs' themselves, instead of charging any extra fees to their valuable customers. I will be watching, and so will your customers!!!" Walmart recently reported another quarter of strong sales and profit growth, but also warned that tariffs and increasing economic turbulence mean even the world's largest retailer expects to raise prices. Chief financial officer John David Rainey said in an interview on Thursday regarding price increases: "If you haven't noticed it yet, you will in May, and it will become even more noticeable."
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