Trump warns America's businesses: Eat my tariffs, or pay the price [View all]

Source: CNN

Trump warns America’s businesses: Eat my tariffs, or pay the price

Analysis by David Goldman, CNN
4 minute read
Published 4:00 AM EDT, Mon May 19, 2025

(CNN) — President Donald Trump is sending a stern warning to Corporate America: He will use his bully pulpit to publicly shame companies that dare to raise prices because of tariffs.

After Walmart last week said it would have to jack up some prices because of high costs of the global trade war, Trump on Saturday responded forcefully in a Truth Social post, demanding Walmart reverse its decision.

“Walmart should STOP trying to blame Tariffs as the reason for raising prices throughout the chain,” Trump said. “Between Walmart and China they should, as is said, “EAT THE TARIFFS,” and not charge valued customers ANYTHING. I’ll be watching, and so will your customers!!!”

The rebuke was the White House’s third such public reprimand of a big American business that discussed the possibility of raising prices because of the steep cost of tariffs.

-snip-

Read more: https://edition.cnn.com/2025/05/19/business/trump-tariffs-price-consumers