Trump had scathing response to Walmart after retail giant warned of higher prices due to tariffs
Walmart CEO **Douglas McMillon** has warned customers of potential **price increases** due to **President Trump’s tariffs** on imports from China and other countries. Despite a temporary reduction in Chinese tariffs from **145% to 30%**, McMillon stated that Walmart’s narrow profit margins make it impossible to **absorb all the costs**, passing some onto shoppers.
Trump fired back on **Truth Social**, accusing Walmart of using tariffs as an **excuse to raise prices** despite record profits. Billionaire **Mark Cuban** also weighed in, advising shoppers to **stock up now** before prices surge, claiming retailers may **blame tariffs** for broader price hikes. The dispute highlights growing tensions between businesses and the White House over **trade policy impacts** on consumers.