The president of the United States, Donald Trump, reacted on Saturday to Walmart's announcement to increase prices this month, saying that the world's largest retail company should “eat tariffs” instead of blaming tariffs imposed on goods imported by the increase in prices.
Tribune online He informs that the world's largest retailer, in a statement on Thursday, revealed the preparation to increase prices as soon as this month due to the high cost of tariffs.
The executive director of the world's largest retailer, Doug McMillon, while informing investors about the company's performance on Thursday, said he was grateful that the Trump administration had suspended, for now, having suspended plans for more aggressive taxes.
He said: “We will do our best to keep our prices as low as possible, but given the magnitude of tariffs, even at the reduced levels announced this week, we cannot absorb all the pressure.”
However, Trump, in a publication about his true true, said: “Walmart should stop trying to blame tariffs as the reason to increase prices throughout the chain. Walmart won billions of dollars last year, much more than expected.”
“Between Walmart and China they should, as they say, 'eat the rates' and not load customers valued at all.”
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