Walmart responds to Trump's directive to 'eat the tariffs'

[Dulcinea]

(USA Today) President Donald Trump and American retail giant Walmart are trading stern words this week over the impact of the administration’s tariffs, after the company’s announcement of impending price hikes drew ire from the Republican leader.

Trump blasted the company on social media last weekend, accusing Walmart of unfairly blaming his tariffs for their expected price increases and ordering the world’s largest retailer to “eat the tariffs” and not pass the import costs on to consumers.
-snip-

“We have always worked to keep our prices as low as possible and we won’t stop,” Walmart spokesperson Joe Pennington said. “We’ll keep prices as low as we can for as long as we can given the reality of small retail margins.”

Despite exceeding sales expectations in the first quarter, Walmart may soon have to increase prices for shoppers due to higher tariffs imposed by the Trump administration, according to earnings calls.

https://finance.yahoo.com/news/walmart-responds-trumps-directive-eat-164757544.html

[subterranean]

1. He doesn't really care if Walmart and other retailers jack up their prices.

He just doesn't want them to publicly blame it on the tariffs, that's all.

[underpants]

2. Reality bites back

Eat THIS

[louis-t]

3. He wouldn't be saying a word if Walmart blamed

Biden for the price increases. Which is what he really wants.