People shop in Walmart in Rosemead, California, on April 11, 2025.
Friedrich J. Brown AFP | Gety pictures
president Donald Trump burst Wal Mart On Saturday, after the country’s largest retail store this week warned that it will have to raise prices due to the customs tariff.
“Wal -Mart must stop trying to blame the definition trips as a reason to raise prices throughout the series,” Trump, Trump books On the social truth. “Between Wall Mart and China, they must, as it is said,” eat definitions, “do not charge anything from important customers.” I will watch, as well as your customers !!! “
“We have not increased prices of this size, at the speed they come before, and therefore it makes a difficult environment,” said Walmart John David Rainny’s financial director in an interview with CNBC on Thursday.
As a retail giant and the largest grocery store in the country, Walmart is often seen as a bell for the health of retailers and American consumers.
Rene said he was “pleased with the progress made by the Trump administration regarding the definitions of the levels announced in early April, but it is still very high.” This is though a 90 rural days This reduces duties on Chinese imports to 30 %. Goods from dozens of other countries face 10 %. Walmart imports electronics and games from China and products including avocado and bananas from Central and South America.
He said that the retailer wants to keep his prices less than competitors, especially while shoppers are searching for discounts. To do this, he said that Walmart will absorb some high costs related to tariffs and the suppliers are expected to absorb some high costs as well.
Rene said that the company “will try to work with suppliers to maintain prices as low as possible.”
Wall Mart repeated this feeling on Saturday when he was asked to comment on the Trump post.
“We have always worked to maintain our prices as low as possible and we will not stop,” Wall Mart said in a statement. “We will keep the prices as low as possible as long as we can give the truth of the small retail margins.”
Walmart joined an increasing number of companies that have increased prices or warned that the higher prices come due to tariffs. Microsoft He said earlier this month that she had Increase the recommended retail prices From Xbox video game devices and some control units.
Barbie maker Mattel Earlier this month it announced that it is moving production outside China, but it is still expected to increase the prices of its games. and Ford He warned last week that he would have to Raise prices on some cars.
Wal Mart She kept her sales expectations For the year on Thursday, it refused to provide profits or expectations for operating income for the second fiscal quarter, noting the repeated changes in the Trump administration tariff policies.
Senior retailers in the United States, including goaland Home Depot and LouieThey are expected to share their own looks about the impact of definitions when they are compared to the results of next week.
Walmart shares ended 2 % on Friday at $ 98.24.
Watch: Pro: Full CNBC interview with Walmart Cfo John David Rainey

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