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Trump tells Walmart to eat the tariffs

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WASHINGTON, May 17 (Reuters) - U.S. President Donald Trump said on Saturday that Walmart <WMT.N> should "eat the tariffs" instead of blaming duties imposed by his administration on imported goods for the retailer's increased prices.
His comments were in response to the world's largest retailer saying this week it would have to start raising prices later this month due to high tariffs.

"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," Trump said in a social media post.
 
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