President Donald Trump on Saturday ripped into Walmart, saying on social media that the retail giant should eat the additional costs created by his tariffs.
NEWS: Trump threatens Walmart over increasing prices due to his tariffs, tells them to "'EAT THE TARIFFS."
-- MeidasTouch (@meidastouch.com) May 17, 2025 at 12:19 PM
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Prices will rise, Bessent says, as tariff pressure grows
www.axios.com
... Some consumer prices will likely rise due to tariffs, Treasury Secretary Scott Bessent acknowledged on Sunday, even after the White House publicly warned retailers against it.
Why it matters: A week after the president's economic team insisted tariffs would not increase consumer prices, there's a different message: They will, but inflation's in check and other costs are coming down. ...
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