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- Donald Trump Orders Retailers to Absorb Tariffs, Rules Out Price Hikes for Consumers
Donald Trump Orders Retailers to Absorb Tariffs, Rules Out Price Hikes for Consumers
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US President Donald Trump has made a public statement urging Walmart to absorb the costs of tariffs imposed on imported goods rather than passing them on to consumers. Trump used the phrase "eat the tariffs" to emphasize his point, suggesting that Walmart should bear the financial burden of these duties.
I'll be watching, and so will your customers.
Between Walmart and China they should, as is said, 'EAT THE TARIFFS,' and not charge valued customers ANYTHING.
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.
We'll keep prices as low as we can for as long as we can, given the reality of small retail margins.
Trump's tariffs
- Trump threatens 50% tariffs on EU and 25% on iPhones if not made in the US
- Donald Trump Announces 90-Day Tariff Reduction with China
- US and China Reach New Agreement on Tariffs After Ongoing Trade Negotiations in Geneva
sources
- 1.The Korea Herald
- 2.South China Morning Post
- 3.The Times of India
- 4.CNA News
- 5.CGTN
- 6.New York Times
- 7.Reuters
perspectives
- 1.US under Donald Trump
- 2.Chinese Foreign Policy
- 3.US-China Relations
- 4.Immigration to the US
- 5.US Economy
- 6.Inflation
- 7.Trade Agreement
- 8.World Economy
- 9.US-India relations
- 10.Mexico under Claudia Sheinbaum
- 11.US-EU relations
- 12.United States–Mexico–Canada Agreement
countries
- 1.United States
- 2.China
- 3.Mexico
