Walmart's CEO indicated that potential price hikes could occur due to tariffs imposed by the Trump administration, which elicited a strong response from Trump. He stated that Walmart, which made significant profits, should not blame tariffs for any price increases and should absorb the costs instead. Trump's comments coincide with Walmart's announcement about rising import prices, particularly from countries like China and Mexico. Despite temporary tariff reductions, long-term trade policies remain uncertain and could impact consumer prices in the future.
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.
There are certain items, certain categories of merchandise, that we're dependent upon to import from other countries, and prices of those things are likely going to go up, and that's not good for consumers.
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