‘EAT THE TARIFFS’: Trump Unloaded on Walmart CEO for Saying He’s Raising Prices

The Walmart CEO said this week that “higher tariffs will result in higher prices.”

President Donald Trump on Saturday told Walmart CEO Doug McMillon not to raise prices for Americans, but to instead “eat the tariffs.”

This from dailywire.com.

Trump recently dropped tariffs on Chinese imports from 145% down to 30%, but this week, McMillion said Walmart still could not absorb the extra costs, and will have to increase prices.

The president posted on Truth Social:

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.

Further:

Between Walmart and China they should, as is said, ‘EAT THE TARIFFS,’ and not charge valued customers ANYTHING.

And:

I’ll be watching, and so will your customers!!!

McMillon commented about having to raise prices, specifically over tariffs on China, during an earnings call on Thursday.

He said:

We will do our best to keep our prices as low as possible.

But given the magnitude of the tariffs, even at the reduced levels announced this week, we aren’t able to absorb all the pressure given the reality of narrow retail margins.

Further:

The higher tariffs will result in higher prices.

There have been mixed reactions online to Trump’s demand for Walmart to “eat” the extra costs. Some have noted that Trump had previously suggested China would likely “eat” the extra costs themselves.

However, others, like journalist Batya Ungar-Sargon, railed against Walmart for hurting Americans while she said they “brag” about being a pro-American corporation.

Ungar-Sargon said on Fox News airwaves this week, following McMillon’s comments:

This is absolutely unacceptable and infuriating.

Further:

Walmart walks around bragging that 75% of the products that they sell are made here in the United States. Why are you raising prices?

And:

Do you know what Walmart’s yearly profits were last year? 169 billion dollars.

She explained:

Don’t raise prices. Support the president, support the agenda, support the American working class.

Ungar-Sargon added that she doesn’t see these potential price hikes as “political,” but more about “rampant greed.”

Final thought: Further rationale to boycott Walmart?