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Trump Warns Walmart: ‘Eat the Tariffs’

By Jake Beardslee · May 18, 2025

Trump Calls Out Walmart Over Price Hikes

President Donald Trump took aim at retail giant Walmart on Saturday, criticizing the company for citing his trade tariffs as a reason for raising consumer prices and urging executives to absorb the costs themselves.  Gage Skidmore / Wikimedia

Trump Points to Walmart’s Record Profits

Posting on Truth Social, Trump wrote, “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.”  The White House / Wikimedia

‘Eat the Tariffs’: Trump Issues Public Warning

He continued, “Between Walmart and China they should, as is said, ‘EAT THE TARIFFS,’ and not charge valued customers ANYTHING.” Trump ended the post with a warning: “I’ll be watching, and so will your customers!!!”  Gage Skidmore / Wikimedia

Tariff Policy Sparks Broader Inflation Concerns

The comments come amid growing concern over inflation and consumer prices, with Trump facing pressure over the economic impact of his revived trade war strategy. His latest round of tariffs has already sparked warnings from industry analysts and retailers, many of whom say the added costs will inevitably be passed on to shoppers.  Yannick Peterhans / USA TODAY NETWORK via Imagn Images

Walmart Remains Silent After Trump’s Post

Walmart, one of the largest U.S. retailers and a major importer of Chinese goods, has not responded publicly to the statement.  Kathryne Rubright/Pocono Record / USA TODAY NETWORK via Imagn Images