Donald Trump has publicly criticised Walmart , stating that the retailer should "eat the tariffs " rather than attributing increased prices to his administration's import duties. The US President's comments were a direct response to Walmart CEO Doug McMillon ’s recent warning that it would begin raising prices later this month due to high tariffs. Trump's latest directive follows a similar public rebuke he delivered to Amazon founder Jeff Bezos after the e-commerce giant reportedly considered displaying the added cost of tariffs on certain items. Trump’s schooling comes after McMillon , in a recent interview, said that the company could not absorb all tariff costs due to narrow retail margins. Despite this, McMillon affirmed the retailer's commitment to ensuring that tariff-related costs on general merchandise, primarily imported from China, would not lead to higher food prices.
“We’ll keep prices as low as we can for as long as we can, given the reality of small retail margins,” the company said in a statement to the news agency Reuters. Trump's reply came after this statement.
What Donald Trump said about Walmart CEO’s reaction to tariffs
Responding to McMillon’s remarks, Trump took to the social media platform Truth Social to write: “Walmart should STOP trying to blame Tariffs as the reason for raising prices throughout the chain. Walmart made BILLIONS OF DOLLARS last year, far more than expected. Between Walmart and China they should, as is said, “EAT THE TARIFFS,” and not charge valued customers ANYTHING. I’ll be watching, and so will your customers!!!”
Earlier, Walmart had also asserted its commitment to keeping prices as low as possible.
Amid growing U.S.–China trade tensions and reduced consumer spending, many American companies have cut or withdrawn their full-year forecasts.
As a key indicator of consumer health, Walmart warned that Trump‑imposed tariffs are weighing on the retail sector, even as it leverages its cost‑management strengths to keep prices low for the 255 million weekly shoppers who live within 10 miles of a store or order online.
Walmart’s disclosure follows reports that were later denied by Amazon of its plans to reveal how much tariffs were increasing the cost of the product on the platform.
“We’ll keep prices as low as we can for as long as we can, given the reality of small retail margins,” the company said in a statement to the news agency Reuters. Trump's reply came after this statement.
What Donald Trump said about Walmart CEO’s reaction to tariffs
Responding to McMillon’s remarks, Trump took to the social media platform Truth Social to write: “Walmart should STOP trying to blame Tariffs as the reason for raising prices throughout the chain. Walmart made BILLIONS OF DOLLARS last year, far more than expected. Between Walmart and China they should, as is said, “EAT THE TARIFFS,” and not charge valued customers ANYTHING. I’ll be watching, and so will your customers!!!”
Earlier, Walmart had also asserted its commitment to keeping prices as low as possible.
Amid growing U.S.–China trade tensions and reduced consumer spending, many American companies have cut or withdrawn their full-year forecasts.
As a key indicator of consumer health, Walmart warned that Trump‑imposed tariffs are weighing on the retail sector, even as it leverages its cost‑management strengths to keep prices low for the 255 million weekly shoppers who live within 10 miles of a store or order online.
Walmart’s disclosure follows reports that were later denied by Amazon of its plans to reveal how much tariffs were increasing the cost of the product on the platform.
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