Trump calls on Walmart to eat the tariffs after the retailer warned that the costs are elevated

On April 11, 2025, people shop in a Walmart in Rosemead, California.

Frederic J. Brown | AFP | Getty pictures

President Donald Trump blew up Walmart On Saturday after the country's largest retailer warned this week that it had to increase prices for tariffs.

“Walmart should stop trying to accuse the tariffs as the reason for increasing prices throughout the chain,” Trump wrote about the social of truth. “As I said, they should eat the tariffs between Walmart and China. I will watch, as well as your customers !!! “

Walmart CFO John David Rainey said in an interview with CNBC on Thursday: “We have not seen any price increases of this size, in the speed at which you are already turning us on, and so it is a challenging environment.”

Walmart is often seen as a retail giant and the largest food dealer in the country as Bellwether for the health of retailers and US consumers.

Rainey said he was “satisfied with the progress that were made by which were made [Trump] The administration of tariffs from the level announced in early April, but they are still too high. “Despite 90-day reparation, which reduced the duties for Chinese imports to 30%. Waren from dozens of other countries are exposed to 10%. Walmart imports Electronics and toys from China and products including avocados and bananas from central and South America.

He said that the retailer wants to keep his prices lower than the competitors, especially at a time when buyers are looking for discounts. For this purpose, he said that Walmart would absorb some of the higher costs for customs, and he also expects suppliers to pay some higher costs.

Rainey said that the company would “try to work with suppliers to keep prices as low as possible”.

Walmart repeated this feeling on Saturday when he was asked to comment on Trump's post.

“We have always worked on keeping our prices as low as possible and we won't stop,” said Walmart in an explanation. “We will keep prices as low as possible as long as we can have the reality of small retail margins.”

Walmart joined a growing number of companies that have increased prices or warned that higher prices are received due to tariffs. Microsoft At the beginning of this month it said that it increased the recommended retail prices for Xbox video game consoles and some controllers.

Barbie Maker Matt At the beginning of this month, it announces to postpone production from China, but is still increasing prices to increase the toy. And ford The last week warned would have to increase prices for some cars.

Walmart retained his sales forecast for the year on Thursday, but rejected a profit or operating profit forecast for the second business quarter, with the frequent changes in the Trump administration's tariff policy.

Large US individual dealers, including GoalPresent Home Depot And LionYou are expected to share your own prospects about the effects of tariffs if you report results next week.

Walmart's shares ended by $ 98.24 on Friday.

Clock: Pro: CNBC's full interview with Walmart CFO John David Rainey